Scammer swipes $1M from metro Atlanta business owner by posing as her bank 

My bank has called me, so inaccurate

Wrong. My bank calls me everytime I am trying to make a transaction over 1000$. And that's in Moldova. It bothers me a bit, but it's actually good from their side.

Let’s think about before online banking all you needed to even speak to someone about your account now you just answering the phone did you ask them verification questions 🤪🤪

The bank can call you

@@everlastbella8229 Okay, well if “the bank calls”, hang up on go to the website (if you don’t already have the number saved) and call the bank because incoming call could possibly be a scam call.

Got scammed this past week out of 2.25 Bitcoin.

My husband and I was scammed twice last year, totaling losses over $550k. It was a lengthy process involving federal intervention to get our money back. We need more people like Retrievebackteam taking a stand against these criminals. Much love and support from California.

@@jaidenSalinas I got scammed out of my retirement money but I was new to it. thanks for sharing will definitely get in touch with them

I got scammed out of my retirement money but I was new to it. thanks for sharing will definitely get in touch with them

Sorry about that, just don't understand how so many human beings can be so heartless to people like that

That's what I did. I saw my bank calling me with the name listed. I said to myself if this is real they will leave a message. No message was left.

​@@ontheroad5555 right, always call the bank this almost happened to me as well. Not a million but a few hundred dollars. I hung right up and called the bank almost breaking my fingers😢

@@MyFunSizeBudget lol good to know your fingers are not broken.

@@ontheroad5555 lol, those texts are scary when you think you're being scammed😆

Yep, always good to do things the old fashioned way.

The bank employees are definitely involved

or be from India

Right because how did they know she had a bank account at Regions

​@@joshlidowdie24definitely

@@maxinef6654 welp my att email was hacked a month ago and with an email you gain so much information, they could also have malware/spyware on their computers/phone.

Exactly the best practice. To never discuss anything on the phone with someone who claims to be from the Bank...Go to the Bank and find out.

I have to answer my phone. Just don't do what they want you to do!

I dont understand why the bank won’t freeze the account with significant transactions or better yet just will go to the bank myself and watch how fast the criminal disappear . We have got to be smarter than this and protect our money . I was scammed twice one for a puppy and the other $500 I said never never ever again. Do applied them for speaking out unfortunately there will be another victim . Let’s keep spreading awareness .

@@ericasmith5054 Oh you fell for the Puppy Scam? I almost did too. But when I said I wanted to go and see them for myself they said no, so I knew it was a Scam. Never give money upfront!

the baseball interpetor stole the plyers acct and called and transfered 500k 12 times or so anything wrong he was betting and sent back to his account

never give your pin out to anyone!!! banks could care less about your money being stolen

Ya, when you try to move even 10k they immediate call the FBI and investigate ya. lol

it depends on how many wires the company makes.

This is business account, it's different from personal acc. 12 transactions in 1 hr is normal.

That's not the bank, it's the criminal

Yep. Just opened a 2nd one a week ago. Thieves everywhere. From Wall Street brokers down to the bum on the corner.

Right, my paychecks go to Wells Fargo then I immediately move most to a high yield savings that I don't touch.. i pay all of my bills and only leave about $200 in there.. I don't trust Wells Fargo either so i don't leave my money with them after all the fraud from inside of their bank

@@d.lawrence5670make sure that the cards that you use for transactions is different from the one that receives (wages,business) money. After that business/work account has been credited, move the money into another account. Move an estimated amount to your transaction account, just before any purchase, move the remainder back. Three accounts (minimum)

I have 15

@@RazorRamonElJefe Ha, ha. You are rich and sharp as a Razor!

Yes!! Or they need to at least limit the amount you can do remotely. They need to set the limit at some amount that is not insanely high too, I think $2000 would be good. The majority of people would be in big trouble if they lost $2000. I say that because it's flagged when you deposit $10,000 or more, and setting a similar amount being the limit would be next to useless, seeing how little most people have saved. This type of thing happens too often and there's too many people who can't be trusted to not fall to scammers

NOt sure about your bank, but online transfers can be set up easily online. All they've got to do is capture the dtmf tone she entered on the phone (requested by the scammer) and they are setting it up on their PC. And yeah, I agree. You should have to sign up in person but everything is online these days.

Who has time to go to the bank for every wire transfer in today’s busy world. Ain’t no way…people just need to be vigilant. I like to hear these stories, it make be stay on my toes

It's not an inside job u dum dum the scammers normally send u a link in text message and it take u to the scammers website that looks like a certain bank website and on that site the victims enter there bank ID and password and from there the scammer has your bank login that's how they do it u dum dum 🤣🤣🤣

Naaahhhh. Just need to have access to some of her accounts. In this case, her debit/credit card was probably stolen from a skimmer or something. When the charge gets done, they call you knowing you'd provide the info needed to reset your online password as well as verification codes. Hence why the wires were done online. (I've worked in banking all my life, so I know how most of these scams work and how easily avoidable they are.)

That's sad! 😞

Insane world we live in.

That person is going straight to hell in gasoline drawers!

KARMA WILL COME for WHOEVER DID THIS. 👿💰💔 RIP. your friend. ❤🌠

They hacked me but only got $40 which I got back. I watch my accounts like a Hawk and my enails phones report EVERY transaction. If a dollar comes out I'll know about it. I know that loser is mad he didn't get to wipe me.

right

Including the exact # of said bank

It’s very easy for a scammer to fake caller ID. The phone system doesn’t have any security to prevent it.

You can answer the call, but don't agree to anything.

The banks should stop transferring so much money in a short space of time.

At least the recipient bank should return the funds to her bank. Why did they even allow cashing out that high of an mount without further scrutiny?!

@@BillAnt unless the bank is on the take. Check out what happened to $81 billion from the New York Federal Reserve that was owned by the government of Bangladesh. Most of the money ended up in the Philippines in one bank never to be recovered. According to the bank manager, who was later fired, she said higher up bank officials instructed her to open the accounts in the names of people who turned out to be fictitious who withdrew close to $81 billion from one bank in the Philippines. "Under Philippine banking laws, the stolen funds could not be frozen until a criminal case was lodged, even though they were still in the banking system. And over the next few days, most of the $81 million disappeared into the country’s casino industry, which is exempted from anti-money laundering laws. Though $18 million was recovered, otherwise the trail went cold. At the Senate hearing, bank officials pinned the blame for the disappearance of the money on the manager of the Jupiter Street branch, accusing her of allowing accounts to be opened under false names. The manager, who was sacked in March, said she had acted on instructions from senior officials and was being made a scapegoat. RCBC and the branch manager declined to comment. Last month, in an annual report given to shareholders, RCBC said it had begun instituting" www.reuters.com/investigates/special-report/cyber-heist-federal/

Whenever my credit union calls would call from the credit card company they just ask to confirm suspicious charges they never ask me for a code.

They didn't call my mother when someone tried her account for $600 using Apple Pay. They did notify her by email because that was her preferred method of communication, however, she missed it. She found out when she tried to use her card at the grocery store and her card declined because they had closed her card. That's why they were notifying her, so she could confirm that the Apple Pay transaction they already stopped, was fraud or not.

She said this was 2022 these are scams from India

The bank already has your personal information.

My bank has never called me

Clearly you do have to be educated on this 😂😂😂😂

Not everyone hangs out on YT videos or TV to know about spoofing the numbers of businesses. People are busy, like this woman, trying to run a business and take care of a family. Give people a break. It was an expensive lesson for her, and for many like her. We don't know what we don't know.

There has to be a connection to the bank security system. The scammers and the banks security system has an infinity type connection. How are they able to communicate together?

😲🙄🙄🙄 She dropped the ball big time.

@teenahweenah2608 Absolutely not. Classic scam from India

There appears to be an inside connection to the bank's security system.

Exactly! Either an inside job or the bank is selling customers info overseas. Otherwise, how did the scammer know that specific lady was banking with that specific bank?

A lot of these ppl get jobs at banks and learn the system.

@@EconomicWarfare Scary to think that that is true. Who can one trust anymore? I just had someone pull $400 out of one of my accounts at an ATM in a CVS with cameras everwhere. Apparently, my debit card was "cloned". So nice...

Sugarloaf "Don't Call us We'll Call you"

You never have more than 25 grand and isolate all accounts that have "kash".

Prolly got authorization from the scammer after they had changed contact info

No shit. You or I couldn't move a fraction of that amount without a major hassle.

Naaahhhh, no need. Just need to have access to some of her accounts. In this case, her debit/credit card was probably stolen from a skimmer or something. When the charge gets done, they call you knowing you'd provide the info needed to reset your online password as well as verification codes. Hence why the wires were done online. (I've worked in banking all my life, so I know how most of these scams work and how easily avoidable they are.)

We can’t go back to the cave, gotta keep progressing

It's a basic rule, that if someone reaches out to you saying it's your bank you hang up. If you're still nervous, then you call the bank yourself, or find a branch and only then can you start asking if something is wrong But yes, I really feel for all the senior citizens and other vulnerable people who get taken advantage of. They're in a terribly weak position

they're getting better and better. before dad passed, he almost got sucked into an absurd story. and it was always HIS money. Mom in the backgroudn: this doesn't SOUND right. He finally clicked.

I hope they steal a big chunk of my debts... Please scam meeeeee

​@user-wt5bf4rw7e unfortunately, scammers don't scam for debt. Seems counter-productive

@@user-wt5bf4rw7elmao I don’t even get scam calls 😂

real

I wish someone could wipe my debts. Please.

It's very easy to hide money

Maybe it's not hard for law enforcement, but because of the # of incidents, it would be too time consuming to investigate every single one.

I had same thought, You said it better,

Excuse me? But they got 600k of their money back thanks to LE so idk what you're talking about 🤷‍♀️

usps workers stole mail in rhode island facility and a suvsr also gave up everthing no chance of getting away w it this is harder to track down

i tink its been done on aapp

Business accounts are different from personal accounts. Business accounts have higher limits.

Basic wire transfers operate by different rules. I do a lot of wire transfers with my financial advisor obviously you don’t. Zelle is a free wire transfer service. It used to cost money to do wire transfer now it is free but a source of scams. I remember when it was difficult to do wire transfers the bank was really careful now that’s out the window. And I think in the good old days banks did call people to confirm transactions that were large before cell phones were in use. I’m about to transfer $ to buy more stocks and use my margin to buy now and pay later for stocks or wire transfer. They are great for people who have money and know how to make more money with it. Criminality has changed the game for gullible guys! Banks don’t call anyone ever.

Guess what in the old days before cell phones banks did call to verify.

Because 600k was probably converted to crypto currency, and thanks to the FTC there is regulations like anyone who opens an account has to submit all their information and can't be anonymous so there is a paper trail showing where the money went and who it went too. In that case, LE can trace and seize the money in those accounts and anything purchased with the money and give it back to the victim.

That's because they are always somewhere in India, Nigeria, Pakistan...always...or even if they are in USA they use multiple identities and transfer and cash out quickly.

That part 💯💯💯

They're a business owner tho so they need to have the bank on speed dial.. goods need to be bought,workers paid, customer's payments tallied and rechecked, etc. That's not usual or wrong when a person runs a business

Because it's an inside job lol

They might have seen her email or bought the information on the web.

Husband

They sell online profiles on the dark web.

Scammers from India

Yes, never use debit cards; they are not protected. Don't use them for anything.

@@virginiamoss7045incorrect, I work at a credit union and Cuna always covered my fraud cases ( only one up to this point but my 10,000 dollars was recovered )

@@virginiamoss7045yes with debit card.

Easy way to get into debt.

@@justrandomthings319 nah just make more money bro didn’t you know money grows on Biden trees? Just plant one in the ground and watch Biden work it’s magic 😂

What law?

I don't see any harm in answering calls from my bank. That completely misses the point. Merely answering the call does not give the scammer the ability to wire money out of your account. I didn't even understand what allowed the scammer to wire the money (did the victim give away their online password?) in this news story, and that just shows that the news does NOT educate. It just wastes your time. Many of the commenters here say don't answer the phone. I've answered the phone many times when my financial institution called. It has always been legit. I was never scammed,

💀😅😅💀

That's a great idea they should adopt that technology here.

@@ontheroad5555 they should it’s peace of mind for the account holder. Without voice verification you cannot transfer funds on line especially large amounts. Scammers worst nightmare

Exactly!

That is not the question you should be asking.

@@d.lawrence5670 FDIC will pay up to $250,000 if the bank goes out of business.

This was back in 2022! You didn't see many scam videos showing that type of scam.

Maybe it’s payback, business probably scammed others

It starts with the parents. If the parents don't educate their kids on the dangers of this world, then the parents have failed their children.