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Moving Forward After Fraud

Published Oct 6, 2025 in: Fraud & Security

At BECU, we understand that being a victim of fraud can shake your sense of security, trust and self-worth. But we want you to know: You didn’t deserve this, you’re not alone, and we’re here to help.

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Fraud and scams are continually on the rise, affecting millions of Americans each year. While the financial impact is often the most visible consequence, the emotional toll can be just as significant — and far more isolating.

Fraud Can Happen to Anyone

Fraudsters are highly skilled in deception, and their tactics evolve constantly. Whether you're a teen targeted by online scams or an adult navigating increasingly sophisticated schemes, fraud doesn't discriminate. People of all ages, backgrounds and education levels are impacted.

According to the Federal Trade Commission, Americans reported over $12.5 billion in losses in 2024 alone—and  this doesn't include what wasn't reported. AARP found that 42% of U.S. adults have had personal experiences with fraud, and the FBI noted a 33% increase in reported losses year-over-year.

Getting the Support You Need

As your trusted financial partner, we're here to help as you recover — not just financially, but emotionally. If you've been impacted by fraud, we encourage you to:

  • Practice self-compassion: Remember, this happened to you, not because of you.
  • Talk to someone: Friends, family, trusted professionals — don't go through this alone.
  • Report the incident: Contact us immediately and also report it to the FBI's Internet Crime Complaint Center, the FTC, and local law enforcement.
  • Take care of yourself: Meditation, journaling, hobbies and physical activity can help restore your sense of control and peace.
  • Learn how scams and fraud work: Understanding the tactics used can help you recover with confidence and protect yourself in the future. Check out the “bite-size” fraud prevention module in Zogo, a platform BECU offers for financial health learning.

Whether it's resources for fraud prevention or financial health support for recovery — BECU is here for you.

Supporting Someone Who's Been Scammed

If someone you care about has experienced fraud, your support can make a world of difference. Here's how to help:

  • Show compassion and understanding.
  • Acknowledge their courage in speaking up.
  • Avoid judgment or blame.
  • Encourage them to seek help if needed.

Your response can help rebuild trust and prevent further emotional harm.

Why Having a Trusted Financial Partner Matters

In moments of vulnerability, having the support of a credit union that puts members first can be a powerful anchor. We're committed to protecting your financial well-being and providing resources that go beyond banking.

If you or someone you know has been impacted by fraud, please reach out. Let's work together to restore your peace of mind — and your financial security.

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