Keeping Your Money Safe:
Blood and Cocaine ScamThe name of this scam is alarming, but so are the fraudsters who are trying to trick you. The Blood and Cocaine Scam first came to light in 2019, but it’s back—and it’s stealing innocent people’s money.
How Does the Scam Work?
The scam starts with an unsolicited phone call from a random number. The person calling claims to be a law enforcement agent, usually with the FBI. The “agent” then says your name is tied to a rental car in Texas, and the car was found with blood and cocaine inside. You’re asked to give your Social Security number and financial account information.
In another version of the scam, a person calls claiming to be a Social Security Administration representative. They say, in addition to a rental car with blood and cocaine, they have found an offshore account in your name with a large amount of cash. You are then told your Social Security benefits will be suspended if you do not provide your personal information, including your Social Security number and financial account information.
Learn More
While this scam may sound outlandish and too crazy to believe, people are falling for it, and fraudsters are getting away with their money. Don’t let it happen to you.
To learn more about the Blood and Cocaine Scam and the red flags to watch for, read our latest PlainsCapital blog.
PlainsCapital Bank's Fraud Department is Here to Help
Keeping your money safe is as important to us as it is to you. PlainsCapital Bank’s Fraud Department provides educational resources for businesses and customers to help detect and prevent fraud. For more information about our fraud prevention efforts and other common fraud scams, visit our fraud resources page.
Blood and Cocaine ScamThe name of this scam is alarming, but so are the fraudsters who are trying to trick you. The Blood and Cocaine Scam first came to light in 2019, but it’s back—and it’s stealing innocent people’s money.
How Does the Scam Work?
The scam starts with an unsolicited phone call from a random number. The person calling claims to be a law enforcement agent, usually with the FBI. The “agent” then says your name is tied to a rental car in Texas, and the car was found with blood and cocaine inside. You’re asked to give your Social Security number and financial account information.
In another version of the scam, a person calls claiming to be a Social Security Administration representative. They say, in addition to a rental car with blood and cocaine, they have found an offshore account in your name with a large amount of cash. You are then told your Social Security benefits will be suspended if you do not provide your personal information, including your Social Security number and financial account information.
Learn More
While this scam may sound outlandish and too crazy to believe, people are falling for it, and fraudsters are getting away with their money. Don’t let it happen to you.
To learn more about the Blood and Cocaine Scam and the red flags to watch for, read our latest PlainsCapital blog.
PlainsCapital Bank's Fraud Department is Here to Help
Keeping your money safe is as important to us as it is to you. PlainsCapital Bank’s Fraud Department provides educational resources for businesses and customers to help detect and prevent fraud. For more information about our fraud prevention efforts and other common fraud scams, visit our fraud resources page.
