Campbell resident loses $500,000 in investment scam
Jan. 9
Identity theft: Saratoga residents reported that someone used their personal information to access their financial investment account and made fraudulent transactions totaling approximately $12,600. The transactions were cancelled, and no financial loss was incurred.
Jan. 10
Theft by false pretenses: A Saratoga resident reported that someone hacked a former coworker’s social media account, posted a vehicle for sale and collected approximately $12,000 from them via wire transfer, but then never provided the vehicle.
Theft by false pretenses: A Saratoga resident reported that someone sold them a sauna through a fictitious company and collected approximately $10,885 from the victim via wire transfer, but then never provided the sauna.