< Thunder Bay police warn of bank-related phone scam - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Thunder Bay police warn of bank-related phone scam

Police in Thunder Bay, Ont., are warning city residents of a reported phone scam that tries to use the threat of a bad cheque to separate people from their money.

In a written release issued Tuesday, the police’s economic crime division said that residents have notified police of callers claiming to be from the bank. The caller says there is a problem with a cheque, and in order to clear it, a bank draft from a money transfer institution must be sent to a provided name and address.

The callers were described as aggressive, manipulative and convincing, police said, adding that this is a scam.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.