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We deeply regret causing so much concern as we assess the business impact connected with a recent fraudulent incident. Cred is cooperating with law enforcement authorities to investigate the incident. However, no client personal data or account information was compromised.
— Cred (@ihaveCred) October 29, 2020
Can you provide any assurances if user funds are safe or if they'll be made whole? You also have comprehensive insurance coverage thru Lockton that covers fraudulent activities for situations like this, correct? People need an update & they can't wait for 2 weeks for an answer.
— Joe Pile (@JoePile5) October 29, 2020