Team CryptoInsightfull 
27 Mar How An 81-Year-Old Chase Bank Customer Lost $600K To A Scam Artist
This week in cybersecurity from the editors at Cybercrime Magazine
–Listen to the Cybercrime Magazine Podcast
Sausalito, Calif. – Mar. 27, 2024
In Jun. 2021, Lisa Spaniarman’s 81-year-old mother sent $600,000 to a scam artist overseas but claims Chase turned a blind eye to the situation. The Los Angeles Times reported on the story in 2022.
“It’s mind-numbing,” Spanierman, 53, a professor of counseling at Arizona State University, was quoted as saying at the time the incident was first covered. “I can almost understand the first time the bank authorized one of these wire transfers. But when it happens again and again, that’s just unbelievable.”
The U.S. Sun reports that while Spanierman accepted that her mother was ultimately to blame for the incident, she still requested partial restitution of lost funds from Chase as she said they did nothing to prevent the situation from happening.
Spanierman recently came on the Cybercrime Magazine Podcast to tell the full story to our editor-at-large and host Charlie Osborne.
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.
