The FTC Does NOT Need Your Bank Info

Posted by Susan Dupre on 6/6/2017

No one is exempt from falling victim to online impersonation, even the chairman of the Federal Trade Commission.

Nat Wood of the Consumer & Business Education division of the Federal Trade Commission (FTC) issued a warning today about spam email that appears to be coming from Maureen Ohlhausen, the acting chairman of the FTC.

It's not.

It's actually a phishing email that askes for your bank account information on the pretense that you will receive money from a government settlement with Western Union. 

If you receive this email, don't respond OR click any links.  Simply forward it to the FTC at

Wood assures readers that the FTC does work to shut down scams, but it "will never ask for money, your Social Security number, or any banking information."  Yes, there is a settlement with Western Union in the works, but if you are entitled to a refund, you will receive a check via traditional mail.