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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