![]() The fraudsters claim that the sweepstakes winnings will be released to the victims after they provide this information. Fraudsters may also instruct victims to purchase gift cards (including from iTunes, Google Play, or Amazon) and to provide the claim code on the back of the gift cards. The victims are told the winnings are being held in an account at the Federal Reserve Bank of New York and to speak with a representative, who then instructs the victims to pay a fee, or provide personal information such as banking credentials, in exchange for their winnings. Fraudsters contact individuals through unsolicited telephone calls and claim that they have won a sweepstakes involving a large cash award, a luxury automobile, or other high value prizes. The Federal Reserve Bank of New York has recently become aware of a scam involving its name and the Mega Millions lottery.
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