Is "CPENERGY ENTEX ENT ACH DR PPD ID: 176051140D" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "CPENERGY ENTEX ENT ACH DR PPD ID: 176051140D"?

CenterPoint Energy is an energy delivery company that has been in business since 1882. The company provides electric transmission and distribution, as well as natural gas distribution services. CenterPoint Energy operates in various U.S. states, including Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma, and Texas. The company provides a range of retail products, including natural gas and electricity services, as well as home protection plans and energy efficiency solutions.

  • CPENERGY: Company name or business identifier
  • ENTEX: Additional identifier or subdivision of the company
  • ENT: Transaction type (i.e., electronic network transaction)
  • ACH: Automated Clearing House, indicating the transaction was processed through the ACH network
  • DR: Debit transaction indicating money was withdrawn from the account
  • PPD: Prearranged Payment and Deposit entry, typically a consumer deposit or preauthorized payment
  • ID: Identification label for the subsequent unique code
  • 176051140D: Unique transaction identifier or trace number
  • Verify if this transaction is fraud in 30 seconds

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

    STEP 1

    Connect your Email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

    STEP 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

    STEP 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.

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