Police are warning people across Tayside to be vigilant against telephone fraud after a victim in Angus was scammed out of £59,000.
Officers say Fraudsters are targeting Bank account users with a practised scam which dupes people into handing over large cash amounts.
The scam involves a fraudster calling a cardholder, claiming to be from their bank or Building Society and telling them that their records have flagged up a fraudulent transaction or suspicious activity.
The fraudster suggests that the victim hangs up and immediately call their bank using the number located on the rear of their bank card to ensure the call is genuine.
However, the fraudster stays on the line, keeping it open.
They then play a recording of a dial tone and ring tone so that when the victim picks up their handset again they think they are really calling their bank.
DC Neil McVean of Perth CID said: “Never assume that a caller is genuine just because they hold some personal details about you.
“If you receive a phone call that seems suspicious, end the call immediately and don’t give out any information. Instead call your bank from another phone or go into a branch.
“Always be suspicious if someone reporting to be from your bank requests any of your bank or personal details. They should already have them. If in doubt, ask them to put a stop on your account and attend in person at your branch
“If you have friends or relatives who you feel may be vulnerable to this, please help them to be more aware of the potential risks and what to look out for.
“If you think you may have been the victim of a similar crime report this to your local Police. If you have any concerns you can contact Police Scotland on 101 or Crimestoppers on 0800 555 111.”