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Chelsea State Bank and FBI investigating widespread fraud attack on debit card accounts

May 12, 2011
Total Loss: Unknown

Chelsea State Bank is investigating a suspected incident of debit card fraud that caused bank officials to temporarily shut down the accounts of about 5,000 customers over the weekend.

John Mann, CEO of the 113-year-old institution, said the bank and the FBI are actively trying to determine how many customers were affected. "We're still putting things together with the extent of our losses and ...

Source: Annarbor.com
Posted in: Debit Card Fraud
Tags: debit card frauddeposit fraudbank fraud