• Report: #373967

Complaint Review: Frost Bank

  • Submitted: Wed, September 17, 2008
  • Updated: Fri, August 17, 2012

  • Reported By:in the USA Vermont
Frost Bank
http://www.frostbank.com , Texas U.S.A.
  • Phone: 877-714 4932
  • Web:
  • Category: Banks

Frost Bank "CFR" Is Behind Countierfiet Checks Mystery Shopper Fake check scam. A small investigation turned up everyone who answers phone at frost bank are behind it. Austin Texas

*General Comment: Wrong accusation

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Well I do alot of work online people must know. I have an address that is easy to find on the internet. However I am often targeted with fake checks by scammers. Today I made a remarkable discovery of the orgin of fake checks. Fake checks are made by people who work in financial institutions right here in the united states of america.
How else can someone get a perfectly countierfiet check that is prolly a check right off a company check book. This isnt rocket science.
Today I recieved a check in the mail for $3,888 law of large numbers says that the odds that someone would ever need to write a check for that amount percisely is very low odds. It was obviously whomever wrote this check out picked an arbitrary amount. There was a company on the check ****private victim**** as well as a bank on the check. I called the bank and they infact verified that this was a good check. The bank printed on the check was http://www.frostbank.com I did a whois look up of there domain. Which states this is an established domain name and has been since 1996. I took a look at there website a little chincy so I figure well it could have been built 5 years ago. I placed a call to there number and talked to one guy who transfered me to some girl who ran the check over the phone and verified that there was funds available for this check.
The note that came with the check instructed me to go to walmart and to sears and spend $40. The check was obviously a scam. It was mailed to me from canada. But the check was on a bank and company in texas. When i called the bank http://www.frostbank.com I talked to 4 different people who told me this was a good check and thought that I was crazy that the check could possibly be fake.
Being that this check was definately fake and I could call the number on there website that was printed on the check and talk to 4 people who thought I was crazy that it was a bad check and even told me that I should just go deposit it.
This seams like a pretty elaborate scam to me. Far beyond what people believe to be nigerian letter scams. This experience right here would lead me to believe that this financial instution here has created an elaborate scam of defrauding customers accounts or this customers account is about to be defrauded.

I did a little more research and this company actually has a ticker symbol called "CFR" They have 13 Billion dollars in assets and I am not the first one who has ever thought company was behind a scam which clearly the people who answered the phones when I called the number on http://www.forstbank.com were all part of an elaborate scheme to defraud there customers accounts, then prolly have the checks mailed out knowing that some people will prolly try to take it to there own banks. Not many of them will prolly wire any of they money they were sent back to the criminals. So why would someone want to try to run a scam like that. What would make sense to me is if this account was defrauded from the inside and these checks are sent out to cover it up.

Doing more reasearch it appears others who were involved with fake check scams in the past also thought Frost was behind it.


Fake Check Victim
in the USA, Vermont

This report was posted on Ripoff Report on 09/17/2008 06:40 PM and is a permanent record located here: http://www.ripoffreport.com/r/Frost-Bank/Texas/Frost-Bank-CFR-Is-Behind-Countierfiet-Checks-Mystery-Shopper-Fake-check-scam-A-small-in-373967. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 General Comment

Wrong accusation

AUTHOR: concerned citizen - (United States of America)

One of my corporation was a victim to a scam that was run from Canada. Someone copied my corporate checks which was with Frost Bank and sent checks all over the country to unsuspected individuals informed them of a $55,000. prize that they have won. The check that was mailed out with this announcment was for $3,200.00 made on one of my corporation. The scammer requested the sum of $2,800. from the receiver of the check for handling the balance of $51,800. to be sent to the winner. Before we discovered the scam, we had a balance in the account that would have covered the check, so if anyone called Frost and asked for the validity of the check, whoever answered the phone call and given the information on the check would have said that the check was good. When these checks came to Frost for payments they check the signature and becaome suspicious. They called me and asked me if I issued these checks (And they came in large numbers)  I immediately suspected a scam and with Frost closed the account and opened another account with a different account number. Frost might be accused of other issues but not with association with this scam.

Y.B. H
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