Chase let an elderly customer wire more than $600,000 to an overseas scammer

[MineralMan]

3. In the past year, I've done several wire transfers as distributions

from my late parents' estate. Each time, I've been asked to explain the reason for the transfer. Since there is a bank account specifically for the estate's assets, that's pretty easy to do, but I am asked each time. There have also been a couple of wire transfers associated with buying and selling real estate. Each time, I've had to verify account numbers more than once before the transfer was made.

Chase bank should have verified those transfers more carefully, since scammers are everywhere these days. Shame on them for not doing so!