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IRS Issues Warning

WASHINGTON, August 28, 2017 - The Internal Revenue Service warned people to avoid a new phishing scheme that impersonates the IRS and the FBI as part of a ransomware scam to take computer data hostage. 

The IRS said:  "The scam email uses the emblems of both the IRS and the Federal Bureau of Investigation.  It tries to entice users to select a "here" link to download a fake FBI questionnaire.  Instead, the link downloads a certain type of malware called ransomware that prevents users from accessing data stored on their device unless they pay money to the scammers." 

"This is a new twist on an old scheme," said IRS Commissioner John Koskinen.  "People should stay vigilant against email scams that try to impersonate the IRS and other agencies that try to lure you into clicking a link or opening an attachment.  People with a tax issue won't get their first contact from the IRS with a threatening email or phone call."

Remember that the IRS does not use email, text messages or social media to discuss personal tax issues, such as those involving bills or refunds.  THINK BEFORE YOU CLICK!  

 


Employee of the Quarter

Congratulations to Georgia Theodosopoulos-Lynn of the Brookings office for being the Employee of the Quarter! 

 


Identity theft is a crime.  The crime occurs when someone invades your life, taking pieces of your personal identifying information and assumes it as their own, causing damage to your credit and your name.  With ID TheftSmart, you can breathe easy.  If your identity is ever stolen while enrolled in ID TheftSmart, the investigators at Kroll spring into action.  They step in as your advocate, fully committed to restoring your identity to pre-theft status as quickly and efficiently as possible. 

 

Restoration

ID TheftSmart is your answer in the event your identity is ever compromised.  Investigators will work on your behalf to restore and preserve your identity.  Not only will you receive full service identity restoration from a licensed experienced investigator should you become a victim, but you will also have a resource to help answer questions or provide guidance on security and fraud related concerns, in order to head off possible issues before they materialize. 

 

If your identity is stolen, our licenced ID TheftSmart investigators will:

  • Confirm identity fraud and determine its nature and scope

  • Assist in obtaining a police report

  • Provide a tri-merge credit report and perform non-credit searches

  • Work on your behalf until ALL identity theft issues have been verifiably resolved

  • Place seven-year fraud victim statements with credit reporting agencies when applicable

Credit Monitoring (includes Restoration)

ID TheftSmart Credit Monitoring is designed to provide alerts if you ever experience unusual activity on your credit report.  Through this service, you will recieve alerts when one of the following activities is detected on your credit report:

  • New account openings

  • Credit inquiries

  • Payment delinquencies

  • Public record changes

  • Change of address

Alerts are available online (via email) and offline (via postal delivery). 

If you would like more information or want to enroll in an ID TheftSmart program, please contact a BankStar associate.  You must be 18 years of age and a BankStar customer to be eligible for this service.

 

ID TheftSmart is a service of Kroll Information Services. 


 

College Loans

There are many ways to pay the cost of a higher education.  After considering all your federal loans, scholarships and grants, you may still have a gap you to pay your total college costs.  BankStar Financial works with the iHELP Student Loan program to provide you an attractive student loan that can help. 

  • Competitive interest rates

  • No origination or repayment fees

  • Flexible repayment options

  • Easy to apply and responsive customer service

Important:  Applying with a cosignor may help you to qualify for the loan and possibly receive a lower interest rate. 

Click here to learn more and apply

 

College Graduate Consolidation Loans

BankStar Financial works with iHELP to offer Private Loan Consolidation for college graduates.  Consolidating your Federal, Parent Plus and Private student loans is a great way to reduce student loan payments and simplify. 

  • You may save money by choosing either a fixed or variable interest rate

  • Simplify with one easy monthly payment by combining multiple payments

  • Refinance a single loan

  • Make budgeting easier

Applying with a cosignor may help you to qualify for the loan and possibly receive a lower interest rate.

Click here to learn more and apply