Is "FIRSTENERGY OPCO ACH" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "FIRSTENERGY OPCO ACH"?

FirstEnergy Corporation has been in business since its formation in 1997. The company primarily operates as an electric utility, providing electricity generation, transmission, and distribution services. FirstEnergy serves customers across multiple states, including Ohio, Pennsylvania, West Virginia, Maryland, and New Jersey. Its retail products include various electricity plans and energy management solutions for residential, commercial, and industrial customers. The company's services also encompass the maintenance of power lines, substations, and other infrastructure critical to the delivery of electric power.

  • FIRSTENERGY: The name of the company or service provider
  • OPCO: Abbreviation of the operation or a subdivision of the company
  • ACH: Automated Clearing House, indicating the transaction is an electronic funds transfer

    • 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.

    SimplyWise Community Comments
    Transaction codes from FirstEnergy
    Download the App