Pennsylvania lawmakers push for stricter banking rules to fight elder fraud

Name: Pennsylvania lawmakers push for stricter banking rules to fight elder fraud
Uploaded: 2024-09-24T18:00:00-0400
Duration: 3 min 19 s
Description: This week, CBS News is investigating a crime that targets the life savings of a growing number of Americans. Victims are tricked into transferring money from their bank accounts to scammers overseas and this wire fraud trend is creating a challenge for banks whose customers are targeted. Liz Crawford has been looking into these scams for months.

This week, CBS News is investigating a crime that targets the life savings of a growing number of Americans. Victims are tricked into transferring money from their bank accounts to scammers overseas and this wire fraud trend is creating a challenge for banks whose customers are targeted. Liz Crawford has been looking into these scams for months.