Fraud Prevention Program

FraudTech Dedicated To Beating The Cons At Their Own Game

CASH WITHDRAWAL ALERT PROGRAM

By: Dennis M. Marlock

If you’re looking for a low-cost, highly effective, way to reduce the incidence of successfully completed confidence crimes in your community, then your search has just ended. If your financial institutions make use of the Cash Withdrawal Alert Forms (listed below) you can expect to experience an almost immediate 85% decrease in the number of such crimes that now plaque your community.

When my partner and I created this program we were skeptical only because, in comparison with other programs, it appeared too good to be true. Our doubts were quickly put to rest when we experienced immediate success.

The program works because the money given to the con artists most often has to be obtained from the potential victim’s financial institution. This common denominator provides the best opportunity to allow these potential victims time to think about what they are doing. As the con artists see it, every one of their victims are smart enough to know a scam when they see one. The trick is to suspend their ability to think, even if only for a moment. Once this is accomplished, the rest is child’s play.

The Cash Withdrawal Alert program is already being used in numerous cites across America and abroad. It costs nearly nothing to operate, is over 85% effective, and has spared countless people the agony of losing their life savings.

PROCEDURE FOR BANK TELLERS

CONFIDENCE CRIMES

Any teller confronted by a customer, especially senior citizen customers, who want to withdraw a substantial amount of money from their account should:

	Try to convince the customer to take a cashiers check or travelers check.
	Inquire as to their reason for the cash withdrawal, especially if this transaction does not adhere to their usual pattern of banking.
	Provide the customer with a Cash Withdrawal form and ask them to read and sign this document. Take the time to answer any questions they might have, and be sure to point out the purpose of the cash withdrawal form.
	Call on one of the senior officers and request that they speak with the customer concerning this transaction.
	Always activate the surveillance cameras when you suspect that a confidence crime is in progress.
	Ask the customer, “Did someone from the bank, or someone claiming to have found a lot of money, ask you to make this transaction?”

If this procedure is followed, we may be able to save our valued customers from becoming the victim of a Confidence crime. We have a responsibility to our customers in protecting then against these types of crimes whether they are young, middle-aged, or elderly.

The following is a copy of a Generic Customer Cash Withdrawal form. Feel free to alter, duplicate and use this document

CASH WITHDRAWAL ALERT !

FOR YOUR OWN PROTECTION: BEFORE YOU WITHDRAW $____________IN CASH FROM YOU’RE ACCOUNT, PLEASE READ AND SIGN THIS FORM.

Consumers lose millions of dollars each year to con artists. Many scams involve the withdrawal of large amounts of cash from the customer's account. Before you withdraw money, consider the following:

Have you received a call or met with someone claiming to be an FBI agent, bank examiner, police officer, detective or financial institution official? Do they want you to withdraw money to help in an investigation? Have they promised to return or deposit the money for you?

Has anyone befriended you, then asked you to put up "good faith" money in order for you to share unexpectedly found money or valuables?

If the answer to any of these questions is yes, you may soon be the victim of a swindle. You may never see your money again. No financial institution conducts investigations by asking customers for help. No one will share money with you after getting your "good faith" dollars. However, these are common stories given by swindlers who mainly target older customers as victims.

REMEMBER, swindlers are nearly always friendly and have honest faces or pleasant, authoritative voices. This is how they gain your trust.

I have read and understand the above statement. By signing this form, I direct this financial institution to complete my request for cash withdrawal.

Teller's Signature
Customer's Signature

Financial Institution Officer's Signature

Date:

Con Games Index