Banks offer monitoring services

DURING A SEMINAR on scam prevention, Ray County Senior Center Director Pat Mills, left, watches as Bank of Orrick President Doug Ayers uses the CardValet service.

RICHMOND – “If it sounds too good to be true,” Richmond Police Detective Scott Bagley said, “then it probably is.”

During a “Scam-bor-ee” Tuesday at the Ray County Senior Center, more than 25 people learned about fraud and how to protect themselves from popular scams.

Doug Ayers from the Bank of Orrick said the bank has seen an increase in theft by scamming.

“It is way too common,” he said. “We had one year where we lost $7,000 to $8,000.”

Ayers said when the money is stolen from an account, the bank must honor the loss, which the bank cannot recoup from the thieves.

Learn how to protect yourself and loved ones from scammers in the Friday, May 3, edition of the Richmond News!

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