Bank Examiner's Scam

There are many versions of this con game, but the basic premise is the same. A person posing as a bank or law enforcement official will ask a victim to make a withdrawal from a bank account in order to detect wrongdoing at the bank or to catch a criminal. Most often, the culprit makes a telephone contact at home. After identifying himself as the bank examiner or law enforcement officer who is investigating a dishonest employee at your bank, he requests the victim to make a cash withdrawal and to meet him at a predetermined location. 

A variation of this scheme occurs when a cashier's check is provided for deposit before the withdrawal is made.

How to Avoid

  1. Do not discuss finances with strangers.
  2. Do not withdraw money on the advice of strangers.
  3. Immediately report to the police or your bank's security department anyone telephoning and claiming to be a bank examiner.

Note: Under no circumstances will bank officials, police or the FBI request you to withdraw funds.

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