How this 83-year-old nearly got scammed out of $10,000

Con artists create the scams. This company cashes the checks.

John Gutz walked into a Sam’s Club one day to buy $ 10,000 in gift cards.

He planned to bring them home and read the card numbers over the phone to a man who claimed he’d accidentally transferred $ 10,000 into Gutz’s bank account. The man pleaded with Gutz to return the money as quickly as possible, and suggested the gift card scheme as an easy solution.

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Personal finance news – CNNMoney.com

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