Detectives are urging Cheshire residents to be vigilant after an elderly woman from Runcorn and an elderly man from Chester were scammed out of large quantities of money.
They both handed money to a courier for safekeeping after receiving a phone call from a man purporting to be a senior police officer.
The so-called officer told them that their savings had been targeted by thieves and were not safe in their bank accounts.
Cheshire Police's advice on avoiding such scams is:
Detective Inspector Glyn Leech said: "We believe that victims are being targeted county wide by this scam, with us investigating reports of people being scammed in areas including Warrington, Chester and Macclesfield.
"I urge anyone else who has been targeted by this scam, or other similar scams, to report it to us on 101."
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