Hours after Leonard deposited a $33K cashier's check at a California Bank of America, the branch was closed, with his deposit nowhere to be found.
Scammers are using the fear of rampant banking fraud to lure their victims. It cost one man half his life savings.
Leonard had to pay the contractor and needed to transfer $33,000 from his account at Wells Fargo to his account at Bank of America."I deposited the cashier's check... she said it would post that afternoon or next morning at the latest," Leonard said.
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