Fraud Methods

Common Fraud Methods

• Fake Check Scam: Involves sending fake checks to victims who then send back real money.
• Package Mule: Scammers use unsuspecting individuals to receive packages bought with stolen credit cards.
• Fake Emails: Impersonating payment service providers like PayPal or Venmo to trick users.
• IRS Scams: Pretending to be the IRS to extort money from victims.
• Card "Selling" Scam: Individuals "sell" their cards, then dispute transactions for profit.

Other Fraud Methods

Traditional Scams

• Fiddle Game: Involves selling a valuable item for much less than it is worth.
• Bishop Game: A con involving a fake bishop buying an expensive item with counterfeit money.
• Ring Game: Tricking someone into buying a fake valuable item.

Modern Scams

• SIM Swap Scam: Involves gaining control of a victim's phone number.
• Blacktop Sealant Scam: Contractors offering cheap driveway sealing but using inferior materials.
• Sure Bet Scam: Offering fake tips on horse races to multiple people.
• Pigeon Drop Scam: Convincing victims to hand over cash or valuables for a shared profit.

Reddit Recommendations for Dealing with Bank Fraud

• File a police report and provide it to the bank.
• File complaints with the CFPB, OCC, state AG, and local news stations.
• Freeze your credit with all bureaus and monitor for any further fraud activity.
• Consider small claims court if the bank doesn't resolve the issue.
• Visit the bank in person and escalate the issue to supervisors.

Additional Suggestions for Dealing with Bank Fraud

• Provide police reports and evidence to the bank's fraud department.
• Contact executive contacts at the bank to escalate the issue.
• File complaints with regulatory bodies like the CFPB and state AG.
• Consider legal action or media exposure as a last resort to get the bank's attention.

These recommendations aim to help victims of bank fraud navigate the process of recovering funds and holding the bank accountable for fraudulent activities.