Massive Fraud Scheme Against Seniors
The US Department of Justice (DOJ) recently conducted the largest ever elder fraud sweep and charged over 250 defendants with fraud, representing over 750 million dollars. In each case, the defendants allegedly engaged in financial tactics that either specifically targeted or mostly affected seniors. The fraud operations are evident in every federal district in the United States. Fake drug discount cards, remote access to computers under the guise of technical support, relative in distress needing cash stories (the so-called "grandparents scheme”), insurance fees to collect nonexistent sweepstakes prizes, mass mailings and money mule fraud, and posing as debt collectors are ... Read More
