Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Texas Woman Successfully Spoofs JPMorgan Chase, Drains $49,000 From Elderly Couple’s Bank Account: Report

Texas Woman Successfully Spoofs JPMorgan Chase, Drains $49,000 From Elderly Couple’s Bank Account: Report

Daily Hodl2025/08/23 16:00
By: by Mark Emem

A Texas woman is accused of spoofing JPMorgan Chase and ripping thousands of dollars from an elderly couple’s bank account.

Audrey Michelle Townsend is facing multiple years in prison after being found guilty of scamming a Georgia-based couple out of $49,000 through a bank spoofing scheme early last year, reports  Fox 5 Atlanta.

According to the report, the scam began in February of 2024 when Gloria Moss received a text message that appeared to originate from JPMorgan Chase. The message claimed there was possible fraudulent activity occurring on her account and that she needed to act.

Gloria called the number and was instructed to verify her bank account, unaware that she was speaking to a scammer.

By sharing the verification code as instructed, Gloria unwittingly handed access to her account, leading to the transfer of approximately $49,000 from the JPMorgan Chase account to a Texas-registered bank account belonging to Townsend.

Though Gloria did not authorize the transfers, the trillion-dollar bank initially refused to reimburse the funds. Gloria then contacted law enforcement officials, who began an investigation. In July of 2024, after the matter had already caught the attention of the media and investigators, JPMorgan Chase reportedly reimbursed the full amount.

Out of the 20-year sentence, Townsend will serve five years in prison and 15 years on probation.

According to the American Bankers Association, elder financial exploitation is the fastest-growing form of elder abuse. Annual losses arising from the financial exploitation of U.S. older adults are now estimated to be approximately $28.3 billion.

Generated Image: Midjourney

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Letter from the Founder of Figure, the First RWA Stock: DeFi Will Eventually Become the Mainstream Method for Asset Financing

IPO is just one step in the long process of bringing blockchain into various aspects of the capital market.

BlockBeats2025/09/15 16:46
Pump.fun Sparks a Live Token Launch Craze: A Quick Look at the Four Hottest Projects Right Now

There are only three projects with a market cap exceeding 10 million USD, suggesting that the "live streaming boom" may still be in its early stages.

BlockBeats2025/09/15 16:46
GaiAI announces upcoming testnet launch: Creating a new paradigm for Web3 visual creative assets

GaiAI is committed to integrating AI generation with blockchain-based copyright confirmation through decentralized mechanisms, reshaping the production relationships and value flow in visual creation.

BlockBeats2025/09/15 16:45
GaiAI: The world's first Web3 creative AI Agent and on-chain creative asset DAO will launch its testnet and start an airdrop on September 17.

GaiAI is the world’s first Web3 creative AI Agent and on-chain creative asset DAO, integrating generative AI with blockchain-based rights confirmation to reconstruct the production relationships and value flows in visual creation. Summary generated by Mars AI This summary was generated by the Mars AI model, and its accuracy and completeness are still being iteratively updated.

MarsBit2025/09/15 16:34

Trending news

More
1
Letter from the Founder of Figure, the First RWA Stock: DeFi Will Eventually Become the Mainstream Method for Asset Financing
2
Pump.fun Sparks a Live Token Launch Craze: A Quick Look at the Four Hottest Projects Right Now

Crypto prices

More
Bitcoin
Bitcoin
BTC
$114,738.5
-0.70%
Ethereum
Ethereum
ETH
$4,487.63
-2.63%
XRP
XRP
XRP
$3.01
-1.35%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$917.2
-1.03%
Solana
Solana
SOL
$230.54
-6.14%
USDC
USDC
USDC
$0.9998
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2638
-4.40%
TRON
TRON
TRX
$0.3428
-1.54%
Cardano
Cardano
ADA
$0.8554
-4.00%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter