An 81-year-old woman who believed she was protecting her savings came within minutes of losing $9,000 to a sophisticated scam. The recently widowed customer visited a Chase branch in Scarsdale, New York, after receiving instructions from someone she believed worked for the bank.
According to a report by The New York Times, she was preparing to transfer money into what she thought was a secure account created to protect her funds from fraud. Instead, the account belonged to a stranger. The transfer was stopped only after a bank employee questioned the transaction and checked the account details.