FBI is cracking bank fraud ring
September 8, 2009
Total Loss:
$44 million
The FBI is investigating a fraud ring accused of bilking several banks and customers — including San Antonio-based USAA and the former chief of staff of U.S. Sen. Strom Thurmond — out of at least $44 million. One person is in custody in San Antonio and agents are looking for a Nigerian man from Dallas featured on the television show "America's Most Wanted.†The suspects are believed to have posed as customers to fraudulently withdraw money from bank accounts, including one at USAA that was tapped for $98,000.
Source:
San Antonio Express News
Posted in:
Internal Fraud