I handled one of these for a client that involved $8,000 being paid to the thief in University City in the South, just last month. Think it was Oxford Mississippi.
Using the recipient bank’s information, I managed to have the thief’s bank accounts frozen and the funds returned. But you must act quickly.
I’m a retired forensic CPA so this brought back many old memories.
I might go and do a complete virus check of my laptop/PC, to ensure they did not get the info via it.
Sorry this happened to you...it is an awful thing to go through What is : P2P transfers:???
Someone tried to drain my accounts last week. They called in with my full SSN and everything. Moved money from all Welks Fargo accounts into 1 and tried to then drain money using my credit card info through Worldremit. They tried to access my account online and had the username but not the correct password according to Wells Fargo.
It may not be a perfect system but it has worked for me and I don't worry too much if a large website gets hacked.
This is why I closely monitor my online statements on both my bank account and my credit card account. Sometimes as much as four times a day.
We set up text message alerts on both our CU accounts and our credit card. Anything over $500 and we get a ping. Oh, and ANY transaction at a gas station triggers an alert.
If I ever found a credit card, the first place I would go is a gas station and tank up. They check nothing there.
Someone created a paypal and linked to my checking. I challenged the transfer and reversed, but i had to close and open a new checking account.
My son has done the same with his account over the phone with TD bank when his chicom phone got hacked. They claim to have voice recognition which verifies you are who you say you are.
Maybe it’s not as secure as they think it is?