San Francisco Scammer Posing As Bank Manager To Fleece Old Women

Police in San Francisco say a seedy character has scammed elderly women, ranging from 83 to 92 years old, out of thousands of dollars by pretending to be a bank manager.

According to CBS San Francisco, the man calls up these women, claiming to be a manager at their bank or credit union. He tells his victims that he’s investigating thefts by bank employees and that some nogoodnik staffer has illegally set up an account in their name.

He then convinces the women that the money in their account is actually the bank’s. So they withdraw the cash and meet him outside their financial institution.

It sounds incredibly silly, but this faux banker has scammed anywhere from $5,000 to $11,000 out of his victims.

Phony Bank Manager Sought In San Francisco Elderly Scam [CBSlocal.com]

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  1. Rocket says:

    Someone should give this scammer fake money when they meet him.

  2. CubeRat says:

    Unfortunetly, it is very common for scammers to hit older people.

    When I first trained as a teller, we were told to be very careful with our older customers, and I remember many times older customers bringing in ‘odd’ checks or withdrawing large amounts of cash. Sometimes we could help stop transactions and help them; but other times the cons won. It always made me sick.

  3. Ouze says:

    A banker who convinces people that the money in their accounts is actually the banks? How do you know he’s not just a Bank of America executive?

  4. lovemypets00 - You'll need to forgive me, my social filter has cracked. says:

    The scam sounds silly to younger people, but I can absolutely see my mother in law falling for this in recent years. We finally had to start paying her bills for her, as she would pay them a little late, then the next bill would come with new, doubled amount, and she’d write another check for the doubled amount because “AT&T says I owe this money”. We could not convince her otherwise.

    Hopefully he will try to scam the wrong person and finally get caught.

    • LanMan04 says:

      So do you suddenly become retarded when you hit 75 or so? I can’t imagine ever falling for something like this.

      • Schmoozer says:

        I believe they just grew up in simpler times.

        Or they were a lot more, small, close knit, communities back in the day. My old man grew up north Jersey and he would never fall for this.

        • haggis for the soul says:

          And sometimes your memory just isn’t what it used to be and you second guess everything. This has happened to my mother.

  5. thomwithanh says:

    That’s so wrong

  6. RiverStyX says:

    Playing devils advocate: Looks like he’s doing a better job then the real bank manager is. Their bottom lines are both the same at the end of the day. You think banks are nice people or something? Might as well hire him, the company can learn a thing or two from this guy.

  7. Gravitational Eddy says:

    At least three different people here where I am have those bank managers and tellers to thank for not being scammed out of their money.
    Those tellers saw that the customer in front of them didn’t usually withdraw more than xxx dollars, and all of a sudden, that customer comes in with a withdrawal that virtually cleans out the account. Doesn’t take a rocket scientist to figure out that something’s going on.
    Despite the fact that no sane person would withdraw thousands of dollars on a single day ( without a real need for it), tellers always open the conversation with an explanation:
    “You know, we really like having you as a customer, and we hope to continue being your bank, but I’ve got to warn you, there’s a lot of bad people out there and we always watch for people taking this much money out in cash…
    “Does ANYBODY else other than us know that you are going to be carrying this much money?”
    “I don’t want to appear too nosy, but there have been things happen to customers sometimes.” “I just want to tell you that we don’t want anything to happen to you, and that includes anything that takes away your money.”
    “Is there any reason you would want to carry this much cash on you?”
    Some of those elderly people cannot grasp the simple fact that someone would lie to them face to face, but they still remain suspicious of the bank people, especially if the scammer tells them to be. Trust is sometimes extremely misplaced, and a scammer can make you feel like you are crucial to solving the problem (with their help, of course)
    It used to be that trust was an important part of their lives, but these days, anyone with a faked letterhead and/or credentials can “sell” someone any story you’d like, and those same victims will believe the lie, because it has never before been done to them…

    Today’s tellers have lots of tools to look at when processing your account, most notably your account history. That’s the one that tells the teller that you usually deposit something on the order of xxx dollars every two weeks or each month and gives them a day to day history of your accounts balance and charges.
    When the victims show up and pull $7000 out of their account and will not talk about it (perhaps because the scammer said the tellers are in on it) most tellers pull out the big guns and go straight to the manager.
    The managers have a scripted set of questions for the victims, and if the answers are wrong, the manager will usually call the police on the victims behalf, usually while delaying the customer until the police arrive. Once the victim see’s a cop, they realize there’s something way more serious than just a bank manager being too nosy. They also realize (in that same instant) that they are the victim. After all, why would the bank call the cops if the bank people were the criminals?
    Once a real police detective speaks to the victim, the victim realizes just how close to giving all their money to someone they actually don’t know, and all based on the crooks “word”..

    • Lucky225 says:

      I’m going to have to disagree with the bank being too nosy, I mean I understand they’re trying to protect their customer, but really if some old lady REALLY wants to pull out a bunch of cash, cops shouldn’t be called to interrogate her about her motives. On the same note however, I think the first part of the questions you posted would not come off as too intrusive, for instance a teller striking a conversation with something along the lines of “Wow, that’s a lot of money you’re pulling out, you’re not leaving us for another bank are you?” or “Wow, you must have something special going on huh?” might open the customer up to talk to you, after all if they’re talking to a scammer instead of hanging up the phone, they’ll probably talk to you. I suppose the scammer saying not to trust the banker might confuse the stupidest of people, but really if the teller is so bad, and he’s supposedly the manager, that bitch should be fired. I think a strike up question about the withdrawl, in most situations, would reveal what’s going on. “Oh, your manager said I have to give the money back..” “Oh really? Let me bring him out to talk to you, cus I don’t see anything like that in the notes..”

      • Murph1908 says:

        They don’t call the police on every old person withdrawing money. As he states, they have a procedure in place, which I am happy for.

        The manager asks these questions, and bases his decision on the answers. Isn’t that the dream we always wish for here, that companies would quit going by a script and let common sense help make dedisions?

        If he asks the old lady why she needs $7000 cash, in a proper way, and doesn’t get a coherent answer, he continues to try to help. “I don’t have to tell you! They said you’d be too nosy!”

        Besides, it is hard to think of a reason why someone would need that much cash. If she needed it to pay off a car, give it to a grandkid for tuition, or whatever, the bank can give her a cashier’s check or even make the payment electronically, eliminating the chance she gets mugged somewhere.

        So unless she’s going on a wild Vegas trip, and doesn’t want to be limited by daily ATM limits or deal with the hassle of traveller’s checks, I am glad someone may be looking after the best interests of my mother, or of me in 30 years.

  8. RayanneGraff says:

    We need to bring back horsewhippings for scumbags like this.

  9. Dallas_shopper says:

    There ought to be a special place in hell (and prison) for people who scam the elderly.

  10. Warren - aka The Piddler on the Roof says:

    Hey! If any of you are looking for any last-minute gift ideas for me, I have one. I’d like this scamming asshole brought to me, right here today. I want him brought right here, with a big ribbon on his head, and I want to look him straight in the eye and I want to tell him what a cheap, lying, no-good, rotten, four-flushing, low-life, snake-licking, dirt-eating, inbred, overstuffed, ignorant, blood-sucking, dog-kissing, brainless, dickless, hopeless, heartless, fat-ass, bug-eyed, stiff-legged, spotty-lipped, worm-headed sack of monkey shit he is! Hallelujah! Holy shit! Where’s the Tylenol?