Elderly New York Man Loses Nearly $250,000 in Chase Account Scam After Fake Fraud-Alert Call

A scammer drained nearly $250,000 from a 71-year-old New York man’s Chase bank account after placing a fake fraud-alert call. According to NS3.AI, the money was withdrawn through four in-person transactions at a Chase branch in Glendale, Arizona. The report did not provide further details on how the scam was carried out beyond the fraudulent phone call and the subsequent withdrawals.