MOUNT SHASTA, Calif. - On Tuesday, Chase Bank workers alerted Mount Shasta Police about a 90-year-old customer who they believed was being scammed out of thousands of dollars.
When police arrived, officers say the man was still trying to withdraw $6,000 from an account.
The man did not want to talk to police because he said he signed a non-disclosure agreement about the withdrawal, which police later determined was fake.
The man said that he was notified through a call that he won a sweepstakes in the Phillippines and that he had to pay some fees to claim his $500,000 reward.
Police say the victim had previously sent an unknown amount of money to Western Union to pay required insurance on the check that was being sent by courier to Medford.
After he paid, he was told that delays in the flight had caused the insurance on the check to expire and that he would have to pay for additional insurance in the amount of $13,500 dollars, or TSA would not let the courier through with the $500,000 check.
Police were able to convince the man that he was being scammed by calling the FTC with him.
Police say had the money been withdrawn, it most likely would have been sent Western Union out of the country and would have been gone
Elders, 65 and older, fall prey to an estimated $3 billion a year to scammers.
It is also estimated that only 1 in 24 who are scammed will report it, out of embarrassment or fear.
The FTC provides more information about avoiding scams on its website.