Bank jugging is a term that may be unfamiliar to many, but it's a growing concern. In fact, the FBI and several law enforcement agencies in Maryland and other states are warning bank and credit union customers and members of this growing crime trend. This crime involves thieves watching people who withdraw large sums of cash from a financial institution or ATM, then follows them to their next destination to rob them. Here’s what you need to know about bank jugging and how to protect yourself.
What Is Bank Jugging?
Bank jugging is a form of robbery where criminals wait outside banks, credit unions, or ATMs, observing customers who appear to withdraw significant amounts of cash. The thieves then follow these individuals, waiting for an opportune moment to steal the money. This can happen at your home, workplace, or any other location where you might stop after your banking visit.
How To Spot Potential Juggers
While it can be challenging to identify jugging attempts, there are signs to watch for:
- Suspicious Behavior: Individuals loitering around the bank/credit union or ATM without conducting any transactions.
- Unusual Interest: People who seem overly interested in your actions, particularly when you are handling cash.
- Following: Vehicles or individuals following you from the financial institution or ATM.
Tips To Protect Yourself
- Be Aware of Your Surroundings: Always stay alert and be aware of anyone who might be watching you when you withdraw cash.
- Conceal Your Cash: Don't display large amounts of money in public. Place your cash securely in your wallet, purse, or a discreet bag before leaving the bank.
- Vary Your Routine: If you regularly withdraw cash, try to vary the times and locations of your transactions to avoid establishing a predictable pattern.
- Travel with Another: Whenever possible, go to the bank with a trusted friend or family member. There is safety in numbers.
- Drive Directly to Your Destination: After making a withdrawal, drive directly to your next location without making unnecessary stops.
- Secure Your Vehicle: If you need to leave cash in your car temporarily, place it in the trunk or a hidden compartment, and always lock your vehicle.
- Report Suspicious Activity: If you notice anyone acting suspiciously near your financial institution or following you, report it to the authorities immediately.
What to Do if You Suspect You're Being Followed
- Do Not Go Home: If you think someone is following you, do not go straight home. Instead, drive to a public place, such as a police station, a busy shopping center, or a well-lit area with people around.
- Call For Help: Contact the police and inform them of your situation. Provide them with as much information as possible about the suspicious person or vehicle.
By staying informed and taking these precautions, you can help protect yourself from bank jugging and other forms of theft.
Category: Financial Literacy & Safety
