Your money isn’t always safe at the bank. A bank teller withdrew thousands of dollars from customers’ accounts without their permission, and deposited them in her personal account. Why a bank hired someone with an arrest record of fraud is beyond me.

It gets worse. Another teller stole over $185,000 from a homeless customer when the individual tried to deposit a large sum of money into dormant accounts. The teller told the individual (who was not named in court documents) to obtain a Social Security card and other documents to reactivate the accounts. The teller, in turn, transferred funds repeatedly into his own account. Since the the customer had no access to a computer, he was unable to check his account and was unaware of the scam. How this person was able to obtain almost $200,000 was never mentioned.

To reduce chances of fraud, arrange for email alerts every time there’s activity in your account. Or, check your accounts frequently if your bank doesn’t offer alerts. Such actions should be in addition to obtaining free annual credit reports from the credit reporting agencies from AnnualCreditReport.com.

Nancy Larson

wordscreatechange.com

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