Banking Login Con artists cheat Americans out of billions of dollars every year. Recognizing red flags for potential scams can help protect you, your loved ones, and your hard earned cash.
Learn how to recognize the most common scams and how best to avoid them here:
Recognizing and Avoiding Scams
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Defend yourself against scammers by learning to recognize red flags. The Federal Deposit Insurance Corporation (FDIC) published a Fact Sheet about FDIC Deposit Insurance and Crypto Companies in order to address some common and emerging misconceptions about deposit insurance coverage and its application.
Recently, some crypto companies have misrepresented to consumers that crypto products are eligible for FDIC deposit insurance coverage or that customers are FDIC-insured if the crypto company fails. These sorts of statements are inaccurate and can cause consumer confusion about deposit insurance and harm consumers under certain circumstances.
FDIC deposit insurance protects bank depositors in the unlikely event that an FDIC-insured bank fails. In such an event, the FDIC insures each bank depositor up to at least $250,000. However, deposit insurance does not apply upon the failure of a NON-BANK, such as a crypto company. In addition, deposit insurance does not protect consumers with non-deposit products such as stocks, bonds, mutual funds, securities, commodities, or crypto assets.
Click trst.in/XKD1Fd to read the full Fact Sheet.
We are proud to sponsor Robert's Run 2022, Saturday August 6th in Hamilton. Be a part of this family event and help raise funds for an amazing organization in honor of Robert Leonardi. Register today @
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Robert's Run is on Saturday August 6, 2022. It includes the following events: Robert's Run 5K - IN PERSON, Robert's Run 1 Mile - IN PERSON, Robert's Run VIRTUAL RACE: 10K, 5K, OR 1 MILE, you choose!, ...