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Scammers exploit senior citizens prompting action from Stellar Bancorp, Inc.

Scammers exploit senior citizens prompting action from Stellar Bancorp, Inc.
Stellar Bancorp, Inc. warns on scams

Stellar Bancorp, Inc. warns customers and the public to be alert as fraudsters increase efforts to target older individuals through so-called grandparent scams.

The company encourages families to discuss these threats with their older loved ones, recognizing red flags and taking steps to help protect seniors. Stellar Bancorp, Inc. provided additional resources to help safeguard against such fraudulent activity.

Stellar Bancorp, Inc. has expanded its focus on consumer protection after previously launching year round financial education initiatives for the community. The company has also addressed small business needs, recommending Same Day ACH as a solution to accelerate cash flow. These efforts come as Stellar Bancorp, Inc. responds to a rise in scams targeting vulnerable groups.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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