Savings account scam uncovered after conman gives fake address

A conman is on the run from police in Adelaide after using a British passport and fake address to open savings accounts with four banks.

Police were alerted to the scam after residents noticed that mail about the accounts was being sent to their home and then redirected to a post office box, ABC News reported.

Detective Carly Jamieson confirmed that the man – who is said to be "very well-spoken with a British accent and may drive a small black four-wheel-drive" – had been seen on a security camera leaving Campbelltown post office.

"The man is described as being aged in this 30s with a dark complexion, muscular build and he’s about 172 centimetres tall," she said.

"He has a shaved head and possibly a neatly-trimmed goatee beard."

Such news may interest bank customers looking to compare savings accounts in search of the best safety and anti-fraud features. Last week, RaboDirect general manager Greg McAweeney told ZDNet the company is planning to launch a mobile internet banking platform that will take into account all the relevant security issues.

This article is brought to you by Mozo – Helping you compare savings accountsADNFCR-1761-ID-19887508-ADNFCR