Courtney Allan
Retirement Life

Aussie man's warning after he falls victim to bank scam three times

As financial scams continue to impact thousands of Australians with an expensive price tag of almost $102 million per year, an elderly man from Adelaide has become the latest victim.

Don Gill explained that he was confused at seeing a number of mysterious transactions in his bank statements.

He discovered the series of transactions after looking through his bank statements with his wife.

With several more popping up, the couple figured out that the transactions occurred after a series of odd phone calls.

“I knew nothing about it – didn’t even know the telephone numbers,” he said.

“It is very concerning and very worrying too because we’ve had several [calls].

With money being siphoned out of Gill’s account, the funds have had an impact on their quality of life.

“(It was) just over $100 but that’s more than I want to lose,” he explained.

Beyond Bank’s Nick May said that people who are pretending to be from the Australian Taxation Office are “quite forceful” in asking for tax file numbers and other personal information.

“If you’re not sure – ask them questions,” Mr May said.

Have you fallen victim to a financial scam? Let us know in the comments.

Tags:
theft, financial scams, retirement income, money, scams, ATO, australian dollars