Texas Teacher Newest Scam Victim Lost His $32,000 Life Savings

(KNUE-FM) We have some very intelligent people living in Texas, but the problem is scammers are getting more intelligent every day and working with new technology like AI to increase their chances of getting another victim. Recently, there was a Teacher in North Texas that was scammed out of his life savings, and he is speaking out, so it doesn’t happen to anyone else.

How Did the Scam Take His Life Savings?

According to WFAA, teacher Russell Leahy first answered a call from what seemed to be his bank (Chase Bank) and he was told that there was fraud on his account. The 28-year-old newlywed had been saving $32,000 by being frugal, but now he says his family is living paycheck to paycheck.

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The Scam Happened So Quickly

The scammers told Leahy that he needed to move his money to a new secure account to protect it from the scammers. He was then texted more details about the new account and banking information that looked real.

After the information was given to the scammers, the money was gone almost immediately.

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Some Money Returned from the Bank

Chase Bank returned $2,000 but told him he wasn’t covered as this was a scam, not actually fraud that took place.

If you receive a call from any bank, it’s best to hang up and contact the bank directly, using the number on the back of your banking card or by visiting a location in person.