Ben Squires
Retirement Income

74-year-old Melbourne woman loses thousands in scam

A 74-year-old Melbourne woman has been taken to the cleaners by an organised overseas scamming network that took more than $46,000 from her account.

The network reportedly claimed to work for a major telco, gaining personal details which they used to access her computer and online banking account.

The offenders also requested she withdraw cash, purchase more than 330 iTunes gift cards and relay them over the phone to “fix her security problem”.

Yarra Crime Investigation Unit Detective Senior Constable Cameron Mitchell said in a statement, "The offenders made transfers of cash between the victim's three bank accounts in order to confuse her and make it look like the balance of her account was increasing.

"The victim believed she was transferring the telco's money to the overseas accounts when in fact it was her own.

"It has been a traumatic experience for the victim and there is a message everyone can take from this."

Have you ever fallen victim to a scam?

Tags:
Finance, Retirement Income, Scam, Fraud