181s New bank fraud scam targeted high school student's account images and subtitles

>>> FINALLY TONIGHT, THEY ROBBED A BANK ACCOUNT BUT DID NOT USE GUNS AND NO HOLDUP NOTES. INSTEAD, THE CRIMINAL FOUND A WAY TO EXPLOIT A LOOPHOLE AT ONE OF THE BIGGEST BANKS IN THE COUNTRY. >> THE GUNMEN USED COUNTERFEIT CHECKS, THEN THE VICTIMS GOT STUCK PINGBACK THE FIVE FIGURE FRAUD. THAT IS UNTIL THEY GOT 7 ON THEIR SIDE. >> Reporter: THIS IS A HIGH SCHOOL SENIOR, HIS SMALL SAVINGS ACCOUNT IS AT THE CENTER OF A BIG-TIME CRIME INVOLVING PHONY PAYROLL CHECKS FROM LARGE COMPANIES, BEING CASHED ON THE WEST COAST WITHOUT QUESTION BECAUSE SOMEHOW HE GOT SCAMMED, NOT ONLY SOMEONE COPIED HIS DEBIT CARD, HAD HIS PIN NUMBER. >> THERE'S SOMETHING WRONG. >> I FEEL TERRIBLE BECAUSE THEY TOOK ALL MY PARENTS MONEY. >> Reporter: JASON SAID A LITTLE MONEY DELIVERING PIZZAS AFTER SCHOOL, ONE NIGHT, HIS SAVING ACCOUNT BALANCE BALLOONED BY A BIG CASH DEPOSIT, HIS DAD CALLED THE BANK. >> THEY SAID WE WILL PUT IT INTO INVESTIGATION AND FREEZE THE ACCOUNT RIGHT NOW. I SAID DO THAT BECAUSE I WOULD LIKE TO KNOW WHAT IS GOING ON. >> Reporter: CRIMINALS USED TO CLONE DEBIT CARD AND SKIMMED PIN NUMBER TO MAKE A $1000 CASH ATM DEPOSIT AT THIS CHASE BRANCH IN L.A. YOU MIGHT WONDER WHY THE THIEVES ARE TRYING TO STEAL, WITH DEPOSIT CASH? THAT DEPOSIT BROUGHT JASON'S BALANCE TO OVER $1000. NEXT, THE SWINDLERS QUICKLY WENT TO A BUNCH OF DIFFERENT CHASE RANCHES IN THE AREA, CASHING COUNTERFEIT CHECKS IN EACH BRANCH. SINCE MOST OF THE CHECKS WERE MADE OUT FOR 995, ALL WERE CASHED BY THE TELLERS BECAUSE THE BALANCE IN THE ACCOUNT WAS HIGHER THAN THE CHECK AMOUNT. >> I THINK CHASE SHOULD HAVE STOPPED CASHING, NOT CASH THEM AT ALL. >> Reporter: BY THE TIME THEY WERE DONE, THEY BAMBOOZLED OVER 10 GRAND, THEN THE BANK DENIED THE FAMILY'S FRAUD CLAIM AND WENT AFTER THEM FOR THE MONEY. >> WITHIN 2 TO 3 DAYS, ANY ACCOUNTS THAT HAD MY NAME ON IT AND CHASE BANK WERE CLEANED OUT OF ALL THE MONEY. >> Reporter: HIS JOINT ACCOUNT WITH HIS DAUGHTER IN COLLEGE, RETARD MOTHER IN FLORIDA, AND HIS WIFE'S ACCOUNTS, ALL EMPTY. >> THEY WENT IN AND TOOK ALL OF OUR ASSETS. FOR SOMETHING THAT WAS NO FAULT OF OUR OWN. >> Reporter: WE ASKED CHASE TO TAKE ANOTHER LOOK AT THE FRAUD CLAIM, WITHIN A WEEK -- >> I WAS SO SURPRISED. >> Reporter: ALMOST 10 GRAND RETURN TO THEIR ACCOUNTS. >> WITHOUT YOU, THIS WOULD NOT HAVE HAPPENED, 7 IS DEFTLY ON YOUR SIDE ALWAYS. LOVELY, THANK YOU. GROUP HUG FOR SURE. >> YOU HAVE TO LOVE A GOOD GROUPHUG. CHASE SAID AFTER WE GOT INVOLVED, IT TOOK ANOTHER LOOK AT THEIR ACCOUNTS AND CREDITED THE AMOUNT IT HAD DEBITED, AS A RESULT OF THIS SCAM, CHASE TOLD US IT CHANGE THEIR CHEC

New bank fraud scam targeted high school student's account

Thieves didn't need guns nor hold-up notes to exploit a larcenous loophole and make off with $10,000 at one of the biggest banks in the country. The scam targeted a high school senior and his parents, sticking them with the five-figure fraud bill, so they turned to 7 On Your Side. More: 7ny.tv/2OnaiZL Check out more Eyewitness News - 7ny.tv/2suJHTd OUR SOCIAL MEDIA – FACEBOOK: www.facebook.com/ABC7NY/ TWITTER: twitter.com/abc7ny INSTAGRAM: www.instagram.com/abc7ny/ SNAP: abc7ny NEW HERE? – Hi! We’re abc7NY, also known as Channel 7 on TV, home to Eyewitness News, New York’s Number 1 news. We hope you love us on YouTube as much as you do on television! NEW TIPS: Online: abc7ny.com/submit-a-news-tip/2599968/ Phone: 917-260-7700 Email: abc7ny@abc.com #ScamAlert #7OnYourSide #abc7NY
chip card, consumer, fraud, checking accounts, bank fraud, atm, personal finance, banks, scam, wabc eyewitness news, abc7ny, chip card scam, wabc tv, 7 on your side, money,
< ?xml version="1.0" encoding="utf-8" ?><>

< start="4.838" dur="12.312">>>> FINALLY TONIGHT, THEY >

< start="6.773" dur="11.578">ROBBED A BANK ACCOUNT BUT DID >

< start="17.217" dur="1.534">NOT USE GUNS AND NO HOLDUP >

< start="18.418" dur="1.201">NOTES. >

< start="18.818" dur="2.035">INSTEAD, THE CRIMINAL FOUND A >

< start="19.686" dur="2.569">WAY TO EXPLOIT A LOOPHOLE AT >

< start="20.92" dur="1.702">ONE OF THE BIGGEST BANKS IN THE >

< start="22.322" dur="1.101">COUNTRY. >

< start="22.689" dur="1.768">>> THE GUNMEN USED COUNTERFEIT >

< start="23.49" dur="2.001">CHECKS, THEN THE VICTIMS GOT >

< start="24.524" dur="1.301">STUCK PINGBACK THE FIVE FIGURE >

< start="25.558" dur="1.134">FRAUD. >

< start="25.892" dur="1.601">THAT IS UNTIL THEY GOT 7 ON >

< start="26.759" dur="1.735">THEIR SIDE. >

< start="27.56" dur="2.169">>> Reporter: THIS IS A HIGH >

< start="28.561" dur="2.169">SCHOOL SENIOR, HIS SMALL >

< start="29.796" dur="2.502">SAVINGS ACCOUNT IS AT THE >

< start="30.797" dur="8.041">CENTER OF A BIG-TIME CRIME >

< start="32.365" dur="7.274">INVOLVING PHONY PAYROLL CHECKS >

< start="38.905" dur="1.735">FROM LARGE COMPANIES, BEING >

< start="39.706" dur="1.568">CASHED ON THE WEST COAST >

< start="40.707" dur="1.634">WITHOUT QUESTION BECAUSE >

< start="41.341" dur="2.035">SOMEHOW HE GOT SCAMMED, NOT >

< start="42.408" dur="2.469">ONLY SOMEONE COPIED HIS DEBIT >

< start="43.443" dur="4.371">CARD, HAD HIS PIN NUMBER. >

< start="44.944" dur="4.037">>> THERE'S SOMETHING WRONG. >

< start="47.881" dur="2.569">>> I FEEL TERRIBLE BECAUSE THEY >

< start="49.048" dur="2.97">TOOK ALL MY PARENTS MONEY. >

< start="50.517" dur="3.202">>> Reporter: JASON SAID A >

< start="52.085" dur="3.169">LITTLE MONEY DELIVERING PIZZAS >

< start="53.786" dur="3.937">AFTER SCHOOL, ONE NIGHT, HIS >

< start="55.321" dur="3.403">SAVING ACCOUNT BALANCE >

< start="57.79" dur="1.935">BALLOONED BY A BIG CASH >

< start="58.791" dur="1.302">DEPOSIT, HIS DAD CALLED THE >

< start="59.792" dur="2.236">BANK. >

< start="60.16" dur="8.608">>> THEY SAID WE WILL PUT IT >

< start="62.095" dur="7.507">INTO INVESTIGATION AND FREEZE >

< start="68.835" dur="2.135">THE ACCOUNT RIGHT NOW. >

< start="69.669" dur="2.702">I SAID DO THAT BECAUSE I WOULD >

< start="71.037" dur="2.369">LIKE TO KNOW WHAT IS GOING ON. >

< start="72.438" dur="1.969">>> Reporter: CRIMINALS USED TO >

< start="73.473" dur="2.402">CLONE DEBIT CARD AND SKIMMED >

< start="74.474" dur="2.435">PIN NUMBER TO MAKE A $1000 CASH >

< start="75.942" dur="1.568">ATM DEPOSIT AT THIS CHASE >

< start="76.976" dur="1.535">BRANCH IN L.A. >

< start="77.577" dur="2.736">YOU MIGHT WONDER WHY THE >

< start="78.578" dur="5.238">THIEVES ARE TRYING TO STEAL, >

< start="80.38" dur="4.971">WITH DEPOSIT CASH? THAT DEPOSIT >

< start="83.883" dur="2.97">BROUGHT JASON'S BALANCE TO OVER >

< start="85.418" dur="2.269">$1000. >

< start="86.92" dur="1.901">NEXT, THE SWINDLERS QUICKLY >

< start="87.754" dur="5.372">WENT TO A BUNCH OF DIFFERENT >

< start="88.888" dur="5.072">CHASE RANCHES IN THE AREA, >

< start="93.193" dur="1.267">CASHING COUNTERFEIT CHECKS IN >

< start="94.027" dur="1.534">EACH BRANCH. >

< start="94.527" dur="4.304">SINCE MOST OF THE CHECKS WERE >

< start="95.628" dur="4.171">MADE OUT FOR 995, ALL WERE >

< start="98.898" dur="2.102">CASHED BY THE TELLERS BECAUSE >

< start="99.866" dur="3.003">THE BALANCE IN THE ACCOUNT WAS >

< start="101.067" dur="6.673">HIGHER THAN THE CHECK AMOUNT. >

< start="102.936" dur="5.838">>> I THINK CHASE SHOULD HAVE >

< start="107.807" dur="1.368">STOPPED CASHING, NOT CASH THEM >

< start="108.841" dur="1.502">AT ALL. >

< start="109.242" dur="2.135">>> Reporter: BY THE TIME THEY >

< start="110.41" dur="4.838">WERE DONE, THEY BAMBOOZLED OVER >

< start="111.444" dur="4.838">10 GRAND, THEN THE BANK DENIED >

< start="115.315" dur="2.302">THE FAMILY'S FRAUD CLAIM AND >

< start="116.349" dur="4.07">WENT AFTER THEM FOR THE MONEY. >

< start="117.684" dur="4.103">>> WITHIN 2 TO 3 DAYS, ANY >

< start="120.486" dur="2.469">ACCOUNTS THAT HAD MY NAME ON IT >

< start="121.854" dur="6.04">AND CHASE BANK WERE CLEANED OUT >

< start="123.022" dur="5.906">OF ALL THE MONEY. >

< start="127.961" dur="1.935">>> Reporter: HIS JOINT ACCOUNT >

< start="128.995" dur="1.902">WITH HIS DAUGHTER IN COLLEGE, >

< start="129.963" dur="1.968">RETARD MOTHER IN FLORIDA, AND >

< start="130.964" dur="2.569">HIS WIFE'S ACCOUNTS, ALL EMPTY. >

< start="131.998" dur="1.935">>> THEY WENT IN AND TOOK ALL OF >

< start="133.6" dur="1.534">OUR ASSETS. >

< start="134" dur="1.801">FOR SOMETHING THAT WAS NO FAULT >

< start="135.201" dur="2.836">OF OUR OWN. >

< start="135.868" dur="3.404">>> Reporter: WE ASKED CHASE TO >

< start="138.104" dur="6.973">TAKE ANOTHER LOOK AT THE FRAUD >

< start="139.339" dur="6.773">CLAIM, WITHIN A WEEK -- >

< start="145.144" dur="2.036">>> I WAS SO SURPRISED. >

< start="146.179" dur="1.835">>> Reporter: ALMOST 10 GRAND >

< start="147.247" dur="1.968">RETURN TO THEIR ACCOUNTS. >

< start="148.081" dur="2.735">>> WITHOUT YOU, THIS WOULD NOT >

< start="149.282" dur="2.135">HAVE HAPPENED, 7 IS DEFTLY ON >

< start="150.883" dur="1.168">YOUR SIDE ALWAYS. >

< start="151.484" dur="3.804">LOVELY, THANK YOU. >

< start="152.118" dur="13.914">GROUP HUG FOR SURE. >

< start="155.355" dur="11.344">>> YOU HAVE TO LOVE A GOOD GROUP>

< start="166.099" dur="1.601">HUG. >

< start="166.766" dur="1.935">CHASE SAID AFTER WE GOT >

< start="167.767" dur="1.935">INVOLVED, IT TOOK ANOTHER LOOK >

< start="168.768" dur="2.335">AT THEIR ACCOUNTS AND CREDITED >

< start="169.769" dur="2.569">THE AMOUNT IT HAD DEBITED, AS A >

< start="171.17" dur="10.044">RESULT OF THIS SCAM, CHASE TOLD >

< start="172.405" dur="8.809">US IT CHANGE THEIR CHEC>