London

London police issue warning after repeat ATM cash scams

Following an increase in reported money scams, the London Police Financial Crime Unit has issued a public warning about ATM cash withdrawl schemes. 

Each victim was approached on Richmond Street

Police say victims are being sent a fake e-transfer, then asked to withdraw the cash equivalent from an ATM. (Gary Solilak/CBC)

Following an increase in reported money scams, the London Police Financial Crime Unit has issued a public warning about ATM cash withdrawl schemes. 

In each reported case, police say a male suspect approached a victim, saying he lost his wallet and phone. The suspect asks for help and sends a fraudulent e-transfer to the victim, convincing them to withdraw the cash equivalent from an ATM. By the time the cash is handed over, and the victim realizes they've been had, the suspect is gone.

Another scam involves victims who agreed to deposit cheques from a suspect and withdraw the cash from their account, only later to realize the cheques were fraudulent.

London police say they've received three fraud-related complaints from people who were approached by a suspect while walking along Richmond Street between Dundas Street and Fanshawe Park Road.

Police say in these situations, agreeing to withdraw cash for a stranger is very risky and banks usually hold the victim responsible for the lost money.

Anyone with information in relation to similar incidents is being asked to call police at 519-661-5670 or Crime Stoppers at 1-800-222-TIPS (8477). Information can also be sent in online anonymously to www.londoncrimestoppers.com.

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