A resident of College Station, Texas, lost more than $20,000 after thieves gained access to his account at Aggieland Credit Union. The thieves posed as the victim and used his name, birth date, and a fake passport card to withdraw $12,000 in the form of a cashier’s check and $9,650 in cash. The incident was caught on surveillance video, and the credit union is conducting an internal investigation and working with the College Station Police Department to charge the person responsible.
Passport fraud is on the rise in the US, and criminals are using fraudulent identification credentials to steal consumers’ financial assets. The Better Business Bureau advises consumers to monitor their accounts frequently, use account alerts, and contact their bank or credit union immediately when unauthorized transactions are detected.
Sources: KBTX