Warehouse Worker Loses Life Savings in Elaborate Inheritance Scam

Renato Calalang, a 60-year-old warehouse worker, lost his entire $150,000 life savings in an elaborate email inheritance scam over 3 months
Scammers convinced Calalang a distant relative died and left him inheritance, but he had to open a bank account in the Philippines first
Calalang spoke to the scammers and found them very convincing and soft-spoken
Calalang is devastated, has to start financially from scratch at 60, and feels Commonwealth Bank should have protected him more
Bank says customers should be vigilant about sending money to strangers and check with others first in these situations