No secret bank accounts to pay your bills

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Another day, another scam. Case in point: the Federal Reserve Bank of New York reports that scammers are telling people they can pay their bills using so-called “secret accounts” or “Social Security trust accounts” and routing numbers at Federal Reserve Banks. In exchange for personal information, like Social Security numbers, people get what they think is a bank account number at a Federal Reserve Bank. But this really is just a way to get your personal information, which scammers can then sell or use to commit fraud, like identity theft.

 

It’s good to keep in mind that people do not have accounts at Federal Reserve Banks. Only banks can bank at the Federal Reserve. But what happens if you try to use this “secret” account? Well, the Federal Reserve Bank will deny the payment, since you don’t really have an account there. Once the payment is rejected, you’ll be notified that you still owe the money – which is about when you might figure out that this was a scam. At that point, you may owe a late fee or penalty to the company you thought you were paying. You also may owe fees to your bank for returned or rejected payments.

 

If you see a video, text, email, phone call, flyer, or website that describes how you can pay bills using a Federal Reserve Bank routing number or account, report it to the FTC. It’s a scam. And remember: never give your credit card, bank account, or Social Security number to anyone who calls or emails and asks for it – no matter who they say they are.

Comments

This is very interesting, I know a guy that order checks online he put his name in all caps which is claiming his Birthright back this is done through urine State office... when he order the checks he put a 9 digit number for the bank account number and used one of the Federal Reserve account numbers out of New York.... he got his checks.... the first one he cashed was 200 he deposit it through his phone app to his main bank it was Cashed... 3 days later he did one for $800 2 days later it was cashed he did one for $25,000 2 days later it was cashed and not one of them had been returned this was 3 weeks ago!!!! So you tell me???? Is this a SCAM????

Individual people don't have accounts at Federal Reserve Banks. Only banks can bank at the Federal Reserve. If you try to use a “secret” account, the Federal Reserve Bank will deny the payment, because you don’t have an account there.

Uuum. Shure.........
I still don't believe it.

I have one about a bank. Pnc. National bank of Pittsburgh i open up a online bank account with them and my wife did a wire transfer deposit into my account
And I sent them two forums of IDentification cards my. government issue Military ID card and my state Arizona over 4 months ago and they said I would have to go to the nearest branch to verify my account well Tucson Az doesnt have a branch and I kept on calling to find out why my. Funds was getting sent to Salt Lake City Itah without my knowing or my permission they took my funds and put it in their pnc treasury management department and they said that. I requested a cashiers Check when I called. Them and they told me a lie saying they was going to withdraw my account and mail out my cashier check of 2500 dollars which they stated in a letter saying once the available funds are in my account they will withdraw my funds and send me a cashier check I never got from them and they stolen my funds that my wife Brittanya wire transfer deposit from her citizens bank account from her checking account to my external business checking account which it deposit into my account on 05/27/2018

i need 1,000,000,000 ASAP

How is it possible that these payments are going through and being cleared before they are returned?

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