February 28, 2012

Wells Fargo scammed out of $2.1 million held in Merced hospital's escrow account

After sending a series of fraudulent faxes, a scammer successfully duped Wells Fargo Bank into wiring $2.1 million to a Hong Kong bank account from a Merced County and Catholic Healthcare West escrow account. After Wells Fargo officials realized they'd fallen for a scam, authorities were alerted and a lawsuit was filed by the U.S. District Attorney's Office to recover whatever money may still be in the fraudulent account, according to the complaint for forfeiture.

Related content


Editor's Choice Videos