[SCAMS EXPOSED] “All My Savings Are Gone!” 2 Shocked Victims Explain How They Lost $120,000 In A Wire Transfer Scam – How You Can Avoid Getting Burned | VIDEO

[KTLA|VIDEO] Experts are warning about the prevalence of wire transfer scams, especially during the holiday season. Wire transfer fraud causes billions of dollars in losses to consumers every year.

Two KTLA viewers reached out after experiencing a combined loss of over $120,000 due to wire fraud scams.

“It’s just very frustrating and very scary,” said victim Martina Boyeras Carbonell. “I feel violated. All my personal information is out and all my savings are gone.”

Carbonell recently lost nearly $42,000 to a wire-transfer scam involving her bank account. And she’s not alone. [FULLSTORY]

FOR MORE NEWS HEADLINES AND VIDEOS CLICK HERE