Transfer Treachery

A large amount of money was transferred electronically out of a woman's bank account. At 3 PM on Tuesday, August 13, a 75-year-old woman living on East 65th Street was notified by her daughter, with whom she had a joint bank account, that unknown persons had contacted their bank and used the older woman's personal account information to make unauthorized internal transactions. There were two such transactions, removing $157,000 from her account without her knowledge or permission.