85 year old victim of check cashing scam

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Posted: Wed Dec 25, 2013 7:32 am

Sad. Another reason why we do what we do.

http://pittsburgh.cbslocal.com/2013/12/23/bank-takes-elderly-woman-to-court-after-losing-thousands-in-scam/

Posted: Thu Dec 26, 2013 5:49 am

Quote:

The law of common sense tells you, if you normally have four or five-hundred dollars in your account and you never put money in and somebody walks in with $19,900 worth of checks, the red flags should be going up all over

What Banks with common sense ?

Alas they seem to be on one side only....their own Exclamation

Lets hope the court sees more sense.

Posted: Thu Dec 26, 2013 8:46 am

That story just breaks my heart. I understand the bank wants their money back, but they could show a bit of kindness and wave the fees.

This stirs up the fire I have in my belly and I want to do more than what I have in the past to bring these scammer down!

Not quite a Newb Joined: 23 Nov 2013 Posts: 27

It's a very sad story. Yet another victim that is now broke because of a brief vulnerable moment and a ton of legal loopholes. It's the usual "not in my backyard" attitude that authorities use, which is exploited by these criminals.

If banks verified every account number, signature and every counterfeit protection mark, they'd never get anything done. I remember reading something online about some banks taking up to 2 years to clear a check so they can take the money back in that time after it is deposited. Banks don't care. They just want to get people depositing money in, paying more fees, spinning the money around to give everyone that teeny-tiny "interest" each month.

I love wasting the lad's time. It's an uphill battle. I think it's something like 3k baiters versus 250k of them.

I just hope a lawyer can save her. I mean, she doesn't have anything left to give.

Posted: Fri Dec 27, 2013 7:20 pm

For those prone to bank bashing: if you took time to search the forum you can find several posts with accounts of bank officials who recognize the scam and shortstop the check before any damage is done. Here is an example: http://forum.419eater.com/forum/viewtopic.php?t=191219

Posted: Fri Dec 27, 2013 9:29 pm

As Lakeside said, it is easy to bash the banks. Sometimes they really do deserve it, but often it is much more complicated than that.

Quote:

She has a similar check that was sent to her a few months ago – which the bank refused to cash.

So she has tried this in the past, and presumably been warned in the past when they refused to cash the last check. I imagine that is why the bank is taking a hard line on her. They may see it as necessary at this time.

Unfortunately, she is probably on a "sucker" list at this point, and unless the son takes some real measures to prevent future problems, it likely won't be the last time this type of thing happens with her.

419Eater is my life Joined: 28 Jun 2013 Posts: 274

After experiencing numerous headaches with a very large, well-known bank, I switched over to a much smaller bank. It is much better. The manager greets me by name, which is nice. More importantly, though, I have seen them give customers a break if it is obvious that an overdraft was unintentional.

Earlier this week, I overheard the teller explain to an elderly person that the checks she got in the mail from strangers are likely part of a scam. Because of the teller's advice, the woman chose not to deposit the checks.

So, SOME banks do care.

Posted: Mon Dec 30, 2013 2:46 pm

SomeBuddyAtHome wrote:

I understand the bank wants their money back, but they could show a bit of kindness and wave the fees.

Banks have fraud insurance. They can get the money back in a blink of an eye - but this will raise their premiums, so they'd rather get the money back from their vic... ahem... client instead of putting that claim in.

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