Criminals sometimes invoke the name of the Federal Reserve to deceive the public. The Federal Reserve Bank of New York, in conjunction with law enforcement authorities, investigates complaints of fraud using its name.
Beware of solicitations promising consumers access to personal loans through a nonexistent Federal Reserve lending program. Under this fraudulent scheme, targeted individuals are told that that they can work through a broker to access a Federal Reserve program that extends sizable secured loans to consumers.
Scams Involving the Federal Reserve Name
Provides details of ongoing scams that invoke the Federal Reserve name.
To report a fraud involving the use of the Federal Reserve Bank of New York's name, send an e-mail to email@example.com
Warnings from Other Authorities
Gives an overview of scam alerts from other sources.