New type of bank fraud: how to keep your money safe - KCBD NewsChannel 11 Lubbock

New type of bank fraud: how to keep your money safe

LUBBOCK, TX (KCBD) -

Scammers are using Telechecks to drain money from victims' bank accounts accounts. They will take your bank account and routing number from you checks and use it as their own through Telechecks. 

Unfortunately, this is not the only form of bank fraud. Fraud parties will act as legit companies and contact you online or by phone. Once they have your attention, they will ask you to either give them your banking information or send them money directly.

The best way to avoid a situation like that is to hang up and call the company they are acting to be directly to see if it is a legit request.

 Jo Langston is a professor at Texas Tech and said she was a victim of bank fraud.

"I just kept staring at the zeroes," Langston said. "I just kept staring at the zeroes, saying I did not do this."

To avoid an account being charged or drained, keep an eye on it daily.

"Check your account information daily," Keith Barbour, senior vice president of Aim Bank, said, "and you will be able to find this fraudulent attempt much faster."

Also, know where your debit card is at all time and if you are writing a check, make sure you trust the person you are doing business with.

If you do end up in a situation where your account has been drained or has unknown charges, call your bank immediately.

Copyright 2018 KCBD. All rights reserved.

Watch KCBD NewsChannel 11 On Demand: On your Desktop | On your Mobile device

KCBD NewsChannel 11 News App - Install or update on your: iPhone | Android

KCBD NewsChannel 11 Weather App - Install or update on your: iPhone | Android

  • Local News on KCBD.comNewsMore>>

  • Sheriff: School officer never went inside to confront gunman

    Sheriff: School officer never went inside to confront gunman

    Thursday, February 22 2018 1:14 AM EST2018-02-22 06:14:16 GMT
    Thursday, February 22 2018 7:50 PM EST2018-02-23 00:50:08 GMT
    (AP Photo/Gerald Herbert). Mourners hug as they leave the funeral of Alaina Petty, in Coral Springs, Fla., Monday, Feb. 19, 2018.  Petty was a victim of Wednesday's mass shooting at Marjory Stoneman Douglas High School. Nikolas Cruz, a former student, ...(AP Photo/Gerald Herbert). Mourners hug as they leave the funeral of Alaina Petty, in Coral Springs, Fla., Monday, Feb. 19, 2018. Petty was a victim of Wednesday's mass shooting at Marjory Stoneman Douglas High School. Nikolas Cruz, a former student, ...

    The students who swarmed Florida's state capitol in the wake of Marjory Stoneman Douglas High massacre face pushback in Legislature.

    The students who swarmed Florida's state capitol in the wake of Marjory Stoneman Douglas High massacre face pushback in Legislature.

  • Grand jury indicts Missouri governor who admitted affair

    Grand jury indicts Missouri governor who admitted affair

    Thursday, February 22 2018 5:35 PM EST2018-02-22 22:35:21 GMT
    Thursday, February 22 2018 7:49 PM EST2018-02-23 00:49:22 GMT
    A St. Louis grand jury indicted Missouri Gov. Eric Greitens on a felony invasion of privacy charge related to the Republican's affair with a woman in 2015. (AP Photo/Jeff Roberson, File)A St. Louis grand jury indicted Missouri Gov. Eric Greitens on a felony invasion of privacy charge related to the Republican's affair with a woman in 2015. (AP Photo/Jeff Roberson, File)

    A St. Louis grand jury has indicted Missouri Gov. Eric Greitens on a felony invasion of privacy charge related to the Republican's affair with a woman in 2015.

    A St. Louis grand jury has indicted Missouri Gov. Eric Greitens on a felony invasion of privacy charge related to the Republican's affair with a woman in 2015.

  • US women beat Canada for gold in a 3-2 shootout thriller

    US women beat Canada for gold in a 3-2 shootout thriller

    Thursday, February 22 2018 2:34 AM EST2018-02-22 07:34:20 GMT
    Thursday, February 22 2018 7:49 PM EST2018-02-23 00:49:13 GMT
    (AP Photo/Matt Slocum). United States celebrates winning gold after the women's gold medal hockey game against Canada at the 2018 Winter Olympics in Gangneung, South Korea, Thursday, Feb. 22, 2018.(AP Photo/Matt Slocum). United States celebrates winning gold after the women's gold medal hockey game against Canada at the 2018 Winter Olympics in Gangneung, South Korea, Thursday, Feb. 22, 2018.

    Twenty long years after taking gold when the sport debuted in 1998, the United States snapped Canada's streak of four straight Olympic golds with a 3-2 shootout victory.

    Twenty long years after taking gold when the sport debuted in 1998, the United States snapped Canada's streak of four straight Olympic golds with a 3-2 shootout victory.

Powered by Frankly