Hoosier Banker 33 Telemarketing/Phone Scams Seniors were raised in an era that valued politeness and good manners, making them more vulnerable to fraud. Often, they are less likely to hang up the phone or simply say “no” to criminals pretending to be telemarketers or representatives of a company. Some telemarketing scams include: 1. The Pigeon Drop: The con artist tells the individual that he/she has found a large sum of money and is willing to split it if the person will make a “good faith” payment by withdrawing funds from his/ her bank account. 2. The Fake Accident Ploy: The con artist gets the victim to wire or send money on the pretext that the person’s child or another relative is in the hospital and needs money. 3. Charity Scams: Money is solicited for fake charities. Internet Fraud If you’ve ever seen a pop-up window telling you that your computer has a virus, then you’ve come close to this type of fraud. Pop-up browser windows simulating virus-scanning software fools victims into downloading a fake anti-virus program, or an actual virus that opens personal information to scammers. Scammers also send fake text messages alleging there is big trouble with an internet account, a credit card, bank account or shopping order on Amazon or other popular retailers. They want people to click on links and provide personal info. Similar issues are popping up via ads on social media. Phony retail sites are using photos lifted from valid online stores to make their fake store look legitimate. They run ads where the user clicks and winds up on the fake site, where they place an order with payment info and never receive the goods, or get a cheaper knock-off version, often shipped from overseas. Solutions Endorsed service provider CRA Partners delivers Senior Sentry training to nursing homes, veteran facilities and HUD senior homes, educating the elderly on how to avoid financial fraud and scams. They offer a variety of CRA compliance programs established to create safe and secure living environments for the elderly with help from local banks. Banks that work with CRA Partners also get access to downloadable CyberSavvy Seniors resources to share with banking staff and customers that keep seniors safe online. Learn how partnering with them to support the Senior Housing Crime Prevention Foundation can satisfy your bank’s CRA requirements by calling 877-232-0859 or visiting SHCPfoundation.org. HB BANKING CENTER NEWS Community State Bank, Brook, broke ground on its new financial center in West Lafayette. The new 3,200 square foot branch banking facility will sit on a 1.3 acre outlot on US-52 W in front of the Menards home improvement store. Construction began Oct. 17 with anticipated opening to the community in May. Home Bank, Martinsville, broke ground on the rebuild of its Mooresville branch in September. Branch staff are temporarily working from Home Bank held a groundbreaking ceremony for the rebuild of its Mooresville branch at 1067 Bridge St., on Sept. 27, 2022. In addition to bank leadership, the ceremony was attended by representatives of R Chavez Construction, arcDESIGN and the Mooresville Chamber of Community State Bank began construction on its new West Lafayette branch Oct. 17, 2022. The 3,200 square foot facility is expected to open in May. a location across the street during construction. The temporary branch is fully equipped with an ATM and safety deposit boxes. It has no drive-thru, but the lobby is open during normal banking hours. Lisa Arnold, president and CEO of Home Bank, was branch manager of the original Mooresville branch when it opened in 1994. The rebuilt
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