Financial Fraud Fallout
“In late 2019, when retired librarian Fran Shepherd went to transfer money from her savings account into CDs, she was stopped by the term “insufficient funds.” She and her husband, who live in Wappingers Falls, New York, were shocked to learn that their account, which had more than $30,000, was empty.
Disbelief became powerlessness, and alarm became fear. Over 1½ years, the thief drew even on a substitute account, and their bank was less than cooperative. ‘The most frightening part was not knowing whom to trust . . .'”