Wells Fargo customer says ATM phone scam almost breached his bank account
Posted: Sat Sep 29, 2018 2:20 pm
USA Today - 9/28/2018 - Kevin McCoy - Cabel Sasser narrowly avoided having his bank account emptied last week by a swindler running an ATM card scam, an escape from a financial nightmare that he recounted in a string of tweets. The attempted fraud was carried out by an unknown male phone caller who had Sasser's Social Security number and appeared to be calling from the security department at Wells Fargo, the bank where Sasser has an account. The attack marked a more sophisticated variation on older scams and represents a cautionary tale for millions of American consumers. The results of a consumer poll on phone scams and spam issued in April 2018 by Truecaller, a mobile app that helps block unwanted calls, showed that an estimated 1 of every 10 U.S. adults had been victimized by a phone scam during the preceding 12 months, with an average loss of $357 per victim.