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#2118388 - 02/15/17 09:03 PM Long Lost Cousin Inheritance Scam
beegee Offline
Diamond Poster
Joined: Feb 2004
Posts: 1,092
South
We have an account we have flagged because the customer wired funds to long lost cousin oversees (the UK) to get an inheritance. We informed the customer we would no longer do these wires because it is a scam.

Now they are just writing checks to the oversees account.

Anything else we can do? We can't really stop them from writing checks.

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#2118395 - 02/15/17 09:44 PM Re: Long Lost Cousin Inheritance Scam beegee
ACBbank Offline
Power Poster
ACBbank
Joined: Jul 2006
Posts: 4,170
New York City
Close the account and be done with it.
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#2118398 - 02/15/17 09:49 PM Re: Long Lost Cousin Inheritance Scam ACBbank
edAudit Offline
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edAudit
Joined: Jul 2008
Posts: 4,771
You are here
Originally Posted By ACBbank
Close the account and be done with it.


Yep
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#2118521 - 02/16/17 06:22 PM Re: Long Lost Cousin Inheritance Scam beegee
Elwood P. Dowd Offline
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Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
It's not credible. Most long lost relatives die in Asia. wink

You don't mention the customer's age. If he or she is elderly, then consider your responsibilities under state law as well as your duty to file a SAR.

Other than that, I agree with the decision to terminate a relationship when a customer simply will not listen to reason...
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