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Chicago Sun-Times
Chicago Sun-Times
National
Mary Norkol

Wire transfer scam victims say banks could stop the fraud — but don’t

Thomas Chase Anthony Vazquez Citibank Larry Smith SunTimes Chase Bank FBI The Consumer Financial Protection Bureau
Daniel Janicek, owner of Salon DJ in the West Loop, fell victim to a sophisticated wire transfer fraud scam earlier this year. Experts says billions have been lost to these cons. (Anthony Vazquez / Sun-Times)

Running late and feeling stressed, Daniel Janicek was trying to make it to his small business in the West Loop, driving in from River Forest.

As he wheeled through a parking garage, his cellphone pinged. The call appeared to be from Chase Bank, where his hair salon business, Salon DJ, has an account. And the caller had an urgent question: Had Janicek just attempted several high-dollar transactions?

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