Financial Crimes Unit Addresses Southern MA Chapter

Boat on Bay

It was a perfect night and setting for the Southern MA Chapter of Credit Unions on September 21st as they held their annual meeting and teller appreciation night outside at The Cisco Brewers Kitchen and Bar along the water in New Bedford, MA.  There was a period of social networking as attendees gathered for the first time in person in more than a year.

Michael ScottThe team from the Bristol County District Attorney’s Financial Crimes Unit was on hand to speak about how financial crimes seem to have become pastime now instead of just a once in a while type of crime. During COVID-19 financials crimes have increased dramatically. Many of these crimes involve the elderly including and are not limited to internet scams, misuse of credit cards, telephone scams and bad check scams.

Michael Scott, Assistant District Attorney and Chief of the Financial Crimes Unit (pictured at right), and Madalyn Fairbanks, Assistant District Attorney Financial Crimes Unit, spent much of their time talking about these issues. They shared stories of crimes that have been committed and how to watch out for them; the pair noted the need to be alert especially for family members/caregivers trying to steal funds from their elderly relatives. They also stressed that they are seeing an uptick in crimes against disabled persons as well.

Credit unions should contact the following if they suspect any crimes:

  • - Elder Abuse Hotline (Bristol Elder Services) 800-922-2275 - available 24/7/365
  • - Disabled Abuse Hotline (DPPC) 800-426-9009 – available 24/7/365

Mr. Scott also mentioned that credit unions could reach out to his office directly as well if they believe a crime has been committed at 508-961-1817 or Michael.g.scott@state.ma.us

The night ended with appreciation shown to the tellers by raffling off gift cards.

The board of the chapter remains in place:

  • - Lee Zupkofska- President
  • - Nelson Tavares – Vice President
  • - Penny Brown- Treasurer
  • - Glenna Hardman -Secretary
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