NCDOJ: Scammers are Using Bank Accounts to Steal Your Money

NCDOJ: Scammers are Using Bank Accounts to Steal Your Money
Image: Pixabay
August 14, 2015

You have to give those scammers credit. They're really great at figuring out new ways to steal your money and it's important to stay one step ahead.

Scammers are telling their victims to deposit funds into accounts at large banks instead of relying on reloadable prepaid cards or money transfer companies like Western Union.

Wire transfer companies - like Western Union and MoneyGram - and companies issuing reloadable prepaid cards have become more vigilant about how criminals use their services, closing off an avenue to collect funds. Scammers are now opening up accounts at major banks, which is inherently more risky.

Victims are told to deposit money into a specific account at a large bank and the scammer withdraws it at another location, sometimes outside the country. The North Carolina Attorney General's Office said that a Raleigh man recently lost about $4,900 as part of an IRS scam.

Remember that IRS agents won't contact you by phone. If there is a problem with your taxes, you'll first be contacted by mail. Anyone claiming to be an IRS agent by phone is likely a criminal trying to steal your money. If you think the call might be legitimate, but aren't sure, hang up and call back the office using a phone number from an official source like the IRS website. Do not use the number listed on the caller ID as these can be faked.

Report scams to the North Carolina Attorney General's Office.