U.S.CRIME WATCH

SBI warns customers of rise in Jumped Deposit Scam

Scammers deposit money into victims' accounts, then convince them to withdraw and send it elsewhere; SBI advises customers to recognize and avoid the scheme.

On air: Rosa Ticks and Chip Darnell on BBN Crime Watch
Published 1:26 AM ET, Monday, October 12, 2026

At a glance

First reported by The Times of India: “SBI warns customers of rise in Jumped Deposit Scam, here's what it is and his to stay safe”.
Covered on BBN on Monday, October 12, 2026, at 1:26 AM ET on BBN Crime Watch, by Rosa Ticks and Chip Darnell.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

The Times of IndiaSBI warns customers of rise in Jumped Deposit Scam, here's what it is and his to stay safe

What BBN said about it

Chip Darnell · U.S. News AnchorTonight's Crime Watch comes from India, where the State Bank of India is warning customers about a rise in something called the Jumped Deposit Scam.
Rosa Ticks · Live ReporterIt's a quiet bank account. Nothing in it but your own money. And then, allegedly, a stranger sends you some more.
Chip Darnell · U.S. News AnchorFree money? I'm sorry, that sounds like a buffet to me, and I have questions about the buffet.
Rosa Ticks · Live ReporterThat is exactly what the alleged scammers are counting on, Chip, and the bank's advice is to stay careful and know how the trick works.
Chip Darnell · U.S. News AnchorSo the safest account is an empty one.
Rosa Ticks · Live ReporterThen you, sir, are the most protected man in America.
Chip Darnell · U.S. News AnchorMy balance is so low the scammers would be doing me a favor.