Fraud Alert – “Want a saving on your bills?”

A member received a text message appearing to be from Electric Ireland, asking:

“Do you have a credit union account and did you know you could save 30% on your bills?”

  • The message included a link, which the member later clicked.
  • This directed her to a very convincing call centre-style interaction.
  • She was asked for personal and financial information, including:
    • Whether she had a credit union account
    • How she paid her electricity bill

Shortly afterwards:

  • Her bank, AIB, contacted her to report an attempted €10,000 loan application in her name.
  • No impact occurred on her credit union account, but the incident demonstrates clear intent to facilitate identity theft and financial fraud.

Key Takeaways

  • The fraud was highly sophisticated and plausible.
  • It used a trusted utility brand to lower suspicion.
  • It attempted to gather financial behaviour data to enable further fraud (loan application).

Best Actions

  • Do not click on links in unsolicited texts, even if they appear to come from known companies.
  • Legitimate organisations will not request sensitive financial information via text or unexpected calls.
  • Be cautious of offers that seem unusually beneficial (e.g. “save 30%”).
  • If in doubt, contact the organisation directly using official contact details.
  • Monitor accounts regularly and report any suspicious activity immediately.

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