Is That Bank Manager Bogus

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There are many hazards in dealing with banks and trying to ensure the security of your bank dealings and your money. A new hazard is that a Bogus bank manager may be calling local seniors.

The Niagara Regional Police have issued a warning about two incidents where seniors have been contacted by an individual claiming to be calling from the senior’s financial institution and posing as the branch manager. The caller appears to have sufficient information regarding the senior’s account to appear to be a manager.

Supposedly there is an investigation of an internal theft involving a teller. The senior is requested to withdraw a significant sum of money and meet the ‘bank manager’ away from the financial institution in an effort to catch the dishonest teller.

Once the senior meets the caller and turns over the money, the suspect thanks the senior for their cooperation and leaves the area. Police are warning the public that no financial institution would involve any of their clients in any such type of ’sting operation.’

Remember it is most important to shred all financial information before disposing of it and not release any personal information over the phone or by email unless you have initiated the call and are certain with whom you are dealing.

If some incident like this happens, you are encouraged to call Crime Stoppers. You can leave an anonymous tip or information at the Crime Stoppers toll-free number at 1-800-222-TIPS (8477). Calls are not electronically recorded or traced, and Crime Stoppers does not subscribe to call display.

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