Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

California man loses half his savings to scammer claiming to be Bank of America employee

California man loses half his savings to scammer claiming to be Bank of America employee

A California man said a scammer duped him by playing on his fear of being scammed.

David Barnett told San Francisco’s KGO-TV that he received a call from someone claiming to be a Bank of America employee, and his phone’s caller ID even showed the call as coming from "Bank of America."

The purported bank employee told Barnett that somebody across the country was trying to withdraw a large amount of money from his account, according to the report.

"My thought was my money is going away, I’d better act quickly," Barnett told the TV station.

Following the caller’s instructions, Barnett tried to safeguard his money by transferring it to a different account via the Zelle app, according to the report.

"And as I was doing it, there was a little voice that said, ‘This seems very unorthodox to me, why would I be transferring money into another account?’ But I suspended my disbelief, and I made the transfer," Barnett told KGO.

It didn’t take long for Barnett to realize what had actually happened – he was the victim of a scam that took half his savings.

"Here I was told I was defrauded, by a man who was defrauding me," he told KGO. "In the guise of helping me, he was defrauding me."

In this case, Barnett was fortunate. Bank of America – the real Bank of America – called him back a few days after he reported the incident and the bank gave him a full refund.

Bank of America – the real Bank of America – called Barnett back a few days after he reported the incident and the bank gave him a full refund.


Impersonation scams are not uncommon, according to the FBI. In many cases, the fraudster will claim to be from a government or law enforcement agency.

The FBI has some tips for Americans to avoid falling prey to a similar scam. Don’t fall for high-pressure tactics, which scammers use in order to get you to make a quick decision without thinking things through. Don’t pay or move money via pre-paid cards or wire transfers.

When receiving a call from someone you don’t know, ask them to call you back. And before they do, look up the number online to see if it’s legitimate, or call a number you know is legitimate to see if anyone there was calling you.

Only give financial or personal information out if you initiated contact and are 100 percent confident you know who you’re talking to.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Bezos's Lavish Venice Wedding Sparks Local Protests
Europe Prepares for Historic Lunar Rover Landing
Italian Parents Seek Therapy Amid Lengthy School Holidays
British Fishing Vessel Seized by France Fined €30,000
Dutch Government Collapses Amid Migration Policy Dispute
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
France's Defense Spending Plans Threatened by High National Debt
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
Switzerland Proposes $26 Billion Capital Increase for UBS
×