Moab locals lose large sums of cash in two recent bank scams

KZMU News · Moab locals lose large sums of cash in two recent bank scams

The Moab Police Department is investigating two recent scams that cost local victims more than $100,000. One case involved a business that lost a third of its cash reserves after a scammer impersonating a bank employee convinced a bookkeeper to transfer funds. Police say these kinds of scams are difficult to investigate because the perpetrators are often overseas, and they urge residents to contact their bank directly if they receive calls about suspicious account activity.