Campbell resident loses $500,000 in investment scam
Briefly

Campbell resident loses $500,000 in investment scam
"Jan. 9 Identity theft: Saratoga residents reported that someone used their personal information to access their financial investment account and made fraudulent transactions totaling approximately $12,600. The transactions were cancelled, and no financial loss was incurred. Jan. 10 Theft by false pretenses: A Saratoga resident reported that someone hacked a former coworker's social media account, posted a vehicle for sale and collected approximately $12,000 from them via wire transfer, but then never provided the vehicle."
"Jan. 10 Theft by false pretenses: A Saratoga resident reported that someone hacked a former coworker's social media account, posted a vehicle for sale and collected approximately $12,000 from them via wire transfer, but then never provided the vehicle. Theft by false pretenses: A Saratoga resident reported that someone sold them a sauna through a fictitious company and collected approximately $10,885 from the victim via wire transfer, but then never provided the sauna."
On Jan. 9, Saratoga residents reported identity theft when someone used personal information to access a financial investment account and made fraudulent transactions totaling approximately $12,600. The transactions were cancelled and no financial loss was incurred. On Jan. 10, a Saratoga resident reported that a former coworker's social media account was hacked, a vehicle was posted for sale, and approximately $12,000 was collected via wire transfer without delivery of the vehicle. Another Saratoga resident reported being sold a sauna through a fictitious company and paying approximately $10,885 via wire transfer without receiving the sauna. Both Jan. 10 victims suffered financial loss.
Read at The Mercury News
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