Compensation for Holocaust survivor who fell victim to a scam

In depth

An 85-year-old Holocaust survivor transferred tens of thousands of shekels from her bank account to fraudsters, after they convinced her that her son was sick and in urgent need of treatment. The Small Claims Court ordered Postal Bank to compensate her with 40,000 shekels.

According to TheMarker, the amount transferred was 50,000 shekels. The court ruled that the bank did not identify the unusual pattern of activity, did not stop the withdrawals and transfers, and did not contact the daughter who was the power of attorney holder.

According to Calcalist, the judge wondered how the unusual activity in the account did not raise red flags among the bank's clerks. According to Bizportal, the court awarded the maximum amount within its authority.