Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Suspicious banker in Midland thwarts $25,000 scam of 80-year-old

July 14, 2009
Total Loss: $0
A Midland bank manager took customer service to a new height when he followed an elderly woman who withdrew $25,000 and helped bust an alleged fraud artist, officials said Monday. Carl Ahearn, manager of the main branch of Chemical Bank in downtown Midland, became concerned when 80-year-old Marion Case made the large cash withdrawal last December. Case told Ahearn she was taking the cash to a friend, who was going to fly to Oklahoma and give it to her son. But Ahearn remained suspicious. He followed her as she walked to the nearby post office, where Case bought an Express Mail envelope addressed to a man in New Jersey. Ahearn shared his concerns with postal officials, who opened an investigation and arrested a man Monday for fraud.
Source: Detriot News
Posted in: Account Takeover Identity Theft
Tags: account takeover