SANTA CLARA (KRON) — Police in Santa Clara are investigating elder financial abuse incident after a man fell victim to a phone scam last week.

On May 24, the victim received a call from a man who said he worked for the Internal Revenue Service.

The man told the victim the IRS conducted an audit and found the victim owed $5,900.

The man then threatened to take the victim to jail if the amount was not paid in full immediately, police said.

The victim stayed on the phone with the suspect while making three deposits from two stores in various denominations via MoneyGram, police said.

The deposits were in the amounts of $1,400, $1,323 and $1,796.

The suspect was able to claim two of the three transactions by the time police got involved in the situation.

No arrests have been made in the case.Bay City News Service contributed to this report