Don't Become a Victim of Financial Fraud


Federated is committed to protecting the financial safety of our investors. The tips and resources provided on this page serve as suggestions to help protect yourself, your family, and others from potential financial fraud. 

Tips for Preventing Financial Fraud

  • Ensure that documents with non-public/personal information (e.g., receipts, statements, etc.) are kept in a safe location. If the information is no longer needed, the best option is to shred the documents. 
  • Unless you initiate contact and are familiar with the company, do not provide your Social Security number, account number or other personal identifiers.  Never provide this information to anyone contacting you unsolicited on the phone. 
  • Never feel pressured to make a hasty decision. Be wary of callers or emails that state you “must act immediately.”
  • Carefully review your financial statements as well as your credit reports to be familiar with your accounts and aware of any suspicious activity. Ensure your contact information is accurate.
  • Many credit card companies provide extra fraud protection which ensures that account holders are not held responsible for fraudulent charges. Contact your credit card company to see if this is a service they provide.
  • Verify the background of potential financial advisors. Visit www.finra.org and use a free service called “FINRA Broker Check” to research financial representatives and firms.
  • Enter your phone number in the National “Do-Not-Call” Registry at donotcall.gov. This will help eliminate the number of telemarketers who are permitted to call you.
  • Be sure you trust and are comfortable with any individual that you are considering providing access to your accounts (as a joint account holder, Power of Attorney, etc.).

Have you been targeted?

If you suspect you're a victim of financial fraud, report the activity immediately:

  • If your account is with Federated, call 
    1-800-341-7400
  • Contact the FINRA Regulation Public Disclosure Program Hotline at 
    1-800-289-9999
  • Contact your local law enforcement agency

Create stronger user IDs and passwords

You can now create longer and more complex user IDs and passwords for your "My Investments" account to make them more secure and less vulnerable to hacking:  

  • User ID Requirements:  Must be a minimum of 8 to a maximum of 32 characters and must contain at least one letter, one number and one symbol.
    Example: abcd123#.

  • Password Requirements:  Must be a minimum of 10 to a maximum of 20 characters and must contain at least one letter, one number and one symbol.
    Example: abcde1234#.

More tips

  • Include a combination of mixed case letters, numbers, and symbols.
  • Passwords and user IDs should be changed frequently and be significantly different from those previously used.
  • Use a password and user ID that is easy for you to remember, but difficult for others to guess.
  • Do not use the same password and user ID for all of your accounts, and don’t use your user ID as your password.
  • Avoid using a password or user ID that contains public details about yourself (e.g., birth date, name of your pet, spouse, or employer).
  • Do not write passwords or user IDs down. If this is necessary, hide them in a place that only you can easily access.
  • Create passwords that are short sentences or phrases versus dictionary words.