Bank Fraud!

You are sitting comfortably at home….watching tv, making dinner, reading a good book.  Feeling secure in your castle.  The phone rings.  A voice, official, authoritarian, identifies himself/herself as a bank security officer. S/He weaves a tale of theft occurring at the branch you commonly use. This story tells of a teller stealing customers’ deposits and […]

You are sitting comfortably at home….watching tv, making dinner, reading a good book.  Feeling secure in your castle.  The phone rings.  A voice, official, authoritarian, identifies himself/herself as a bank security officer.

S/He weaves a tale of theft occurring at the branch you commonly use. This story tells of a teller stealing customers’ deposits and s/he would like your help in collecting evidence of the thefts. The plan is then laid out for you.  Quite a simple plan really.  S/he asks if you would  withdraw  $1,000.00 in cash (or whatever amount the Con is trying to take) from your account. This person then tells you the teller is suspected of making the bank records look like you withdrew $2,000.00.   Now you feel you have been into a trust by the bank. The smooth talker at the other end of the line says the teller is suspected of pocketing the difference, ultimately stealing from the customer.

The security officer assures you, s/he will be with you the whole time, and right after you make the withdrawal, s/he will verify the transaction as being a $1,000.00 withdrawal. S/He will take the money and the receipt as evidence and audit the transaction made by the teller. The bank security officer guarantees the money you withdraw will be credited to your account and the theft will be caught.  Would an official of the Bank, one who trusts you enough to share with you the special problems they are having with the evil teller thief?

If you make that cash withdrawl and meet the bank security officer at the pre-arranged meeting place, you have made a very costly mistake.  Your money and the REAL thief will disappear, never to be heard from again!

This scam has been worked for a long time. It is usually employed on the elderly; however, many young victims have fallen for the scam.

The best advice in this situation, call the police.  Let them know about the phone call, and the details.  Never, ever give your hard earned cash to a stranger unless you know who you are dealing with and exactly what you are getting for your money!

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