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Search across 26,669 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.

9,965 results in General Elder Fraud
americanbazaaronline.com · 2026-09-11
Venkateswara Chagamreddy, a 37-year-old Indian national on a U.S. student visa, was sentenced to 30 months in federal prison for leading an elaborate gold scam targeting elderly victims, including a Vietnam veteran, by impersonating federal officials and claiming their identities were linked to criminal activity. The scheme involved convincing victims to purchase gold and hand it over to fake federal agents, with Chagamreddy collecting gold from multiple elderly victims across several states and ordered to pay $99,496 in restitution. Evidence showed he was part of a coordinated operation with co-conspirators targeting at least three elderly victims (ages 75, 79
hometownstation.com · 2026-09-11
Congressional representatives introduced the bipartisan Protecting Elders from Wire Fraud Act to combat wire transfer scams targeting seniors, with the FTC reporting $334 million lost to fraudulent wire transfers in 2025 alone. The legislation would allow banks to temporarily hold suspicious wire transactions and report suspected exploitation to authorities to prevent irreversible financial harm to vulnerable seniors on fixed incomes. The bill is endorsed by AARP and the National Elder Fraud Coordination Center.
moneywise.com · 2026-09-11
Wrestling legend Ric Flair, 77, is suing talent agency FAM Networks for $10 million, alleging the company fraudulently induced him to sign a contract that grants them perpetual rights to his name, image, and likeness while promising speaking engagements and social media revenue that were never delivered. FAM allegedly collected $15,000-$20,000 monthly from Flair's Facebook page without accounting and transferred ownership to themselves, costing Flair at least $250,000 in lost revenue. The lawsuit, filed in New York in September, seeks $5 million in compensatory damages for breach of contract and another $5 million in compensatory and punitive
yahoo.com · 2026-09-10
An elderly woman lost $1 million to a romance scammer she met online after her husband's death, and her family is struggling to prevent additional losses as she continues communicating with two other suspected scammers whom she refuses to believe are fraudulent. The family is seeking ways to monitor her finances without taking control of her accounts, and experts recommend consulting an elder law attorney, filing police reports, contacting protective services, and alerting banks to flag suspicious activity. Romance scams targeting grieving seniors can devastate retirement savings and leave victims vulnerable to secondary fraud schemes offering fake money recovery services.
stgeorgeutah.com · 2026-09-10
Since 2020, Utahns have lost nearly $450 million to scams and financial crimes, with losses reaching $108.4 million in 2025 alone. Utah Attorney General Derek Brown launched the Utah Financial Crimes Intelligence Center, a statewide team of investigators, prosecutors, and financial analysts designed to identify fraud patterns, connect related cases, and investigate crimes spanning multiple jurisdictions. The center will coordinate investigations involving identity theft, romance scams, elder fraud, cryptocurrency schemes, and other financial crimes while providing training and resources to law enforcement and financial institutions.
thepaypers.com · 2026-09-10
Romance-investment scam networks operating from Southeast Asia are rapidly dispersing to Sri Lanka, the Middle East, and West Africa when enforcement pressure increases, as seen after Cambodia's 2026 crackdown that closed 190 suspected centers but left criminal infrastructure intact. Banks must shift from country-based risk assessments to network-focused monitoring, as scam operations function as modular supply chains with replaceable components including fake trading platforms, payment accounts, and money mules that can quickly relocate across jurisdictions. Financial institutions need international coordination to disrupt these portable criminal networks rather than simply detecting isolated suspicious transactions or applying blanket country risk labels.
thecooldown.com · 2026-09-10
An elderly woman lost $1 million to a romance scam after meeting someone online following her husband's death, and she continues communicating with two additional men she refuses to believe may also be scammers. Her family sought advice on how to monitor her finances to prevent further losses, with experts recommending they consult an elder law attorney, report the fraud to banks and authorities, and implement banking alerts. Romance scams targeting grieving seniors can devastate retirement savings and leave victims vulnerable to secondary fraud schemes offering recovery services.
moneytalksnews.com · 2026-09-10
Victims of retirement account scams face a devastating tax trap: when con artists drain IRAs or 401(k)s, the IRS still demands income tax on the stolen money, with the 2025 tax law making this rule permanent and eliminating most theft-loss deductions. Elderly victims like a 57-year-old who lost $675,000 to a romance scammer face tax bills exceeding $225,000 on money they never received, while the IRS only allows deductions for specific scam types, leaving most fraud victims with both their financial loss and massive tax liability.
nbcmiami.com · 2026-09-10
Jamisha Shamari Sylvain, 27, was arrested in December 2025 for posing as a caregiver to defraud elderly residents in Broward County, stealing at least $1,600 from one victim and targeting multiple seniors at assisted living facilities. After her release from jail in May, she allegedly resumed the same scheme, with authorities identifying at least two new cases where she falsely posed as a caregiver or building manager to steal debit cards, credit cards, and cash from elderly victims. The Broward Sheriff's Office is seeking the public's help in locating Sylvain.
hoodline.com · 2026-09-10
Jamisha Sylvain, a South Florida woman charged with exploiting elderly residents in Deerfield Beach, skipped a court hearing in July 2026 and allegedly continued targeting seniors while on bond, including posing as a building manager to steal debit cards, credit cards, and cash from residents at senior living communities. Her initial arrest in December 2025 involved manipulating an elderly blind woman and coercing a 78-year-old woman with dementia into unauthorized cash withdrawals totaling $1,718, with charges including occupied burglary, elder exploitation, and grand theft. Sylvain faces potential penalties up to 30 years in prison under Florida law for financial exploitation of
tovima.com · 2026-09-10
A woman in central Greece was defrauded of $400,000 in cash and jewelry after scammers posing as a tax official and accountant convinced her that authorities were conducting a tax inventory of her assets. The victim was instructed to place the money and valuables in a bag outside her home, where accomplices collected them. Greek police identified a suspect believed to be the group's "collector" and are continuing investigations into the fraud operation.
tovima.com · 2026-09-10
Police in Greece arrested two teenage suspects and identified six others in connection with a criminal gang accused of 34 thefts and frauds totaling over €250,000. The gang posed as electricity company employees, using phone calls to convince victims of electrical leaks or radiation hazards at their homes before stealing cash and valuables. The arrests are part of a broader crackdown on phone scams targeting elderly people across Greece, where criminals increasingly impersonate utility workers and public officials using sophisticated methods including AI voice mimicry.
therecord.media · 2026-09-10
Treasury's Financial Crimes Enforcement Network released a study analyzing over 33,000 cyber fraud reports filed between September 2023 and December 2025, revealing that approximately $12.7 billion was stolen from Americans through cryptocurrency investment scams involving overseas criminal organizations. The scams, which employ manipulative tactics like romantic deception and fake financial advice, disproportionately targeted victims who liquidated retirement accounts and took out loans to invest in fictitious digital asset schemes, with cryptocurrency firms detecting $5.5 billion and traditional banks detecting $6.4 billion in suspected fraud. The Treasury urged financial institutions to improve reporting and vigilance as scam activity rates increased nearly 11% monthly, with victims spanning
hlth.com · 2026-09-09
This article is not a summary of fraud or a scam case. It is an interview with an investor discussing AgeTech investment opportunities and market trends for products and services targeting older adults. It does not contain information about elder fraud cases, scams, or fraudulent activity that would be appropriate for an elder fraud research database.
root-nation.com · 2026-09-09
Pig butchering crypto scams caused Americans to lose $9.3 billion in 2024, with $5.8 billion attributed to pig butchering schemes alone—a 66% increase from the prior year—while Missouri residents reported $88 million in fraud losses in 2023. These scams typically begin with unsolicited contact that builds trust before introducing fraudulent trading opportunities, leading victims to transfer savings into platforms displaying fabricated profits. Legal action and evidence preservation, including blockchain records and communications, may help victims recover losses by identifying responsible parties such as fraudsters, cryptocurrency platforms, and payment processors.
channelnewsasia.com · 2026-09-09
Singapore's parliament passed the Scams (Countermeasures) and Other Matters Bill, granting the Singapore Police Force new powers to order banks and telecommunications companies to disclose scam-related information and disable suspect accounts for up to 60 days. The law also increases maximum penalties for online service providers' non-compliance with codes of practice from S$1 million to S$10 million per instance. MPs expressed support for the anti-scam measures while raising concerns about protecting innocent account holders from wrongful suspension and ensuring adequate checks and balances against potential law abuse.
straitstimes.com · 2026-09-09
Singapore passed new anti-scam legislation on September 9, 2026, making it illegal to provide personal details for creating online accounts or to supply accounts on platforms like Carousell, TikTok, Telegram, and Meta to criminals, with convicted online account mules facing up to three years imprisonment, fines up to $10,000, and potential caning. The law also significantly increased penalties for non-compliant online service providers, raising maximum fines from $1 million to $10 million, as scam victims in Singapore lost $410.6 million in the first half of 2026 alone.
kcra.com · 2026-09-09
A 63-year-old Pennsylvania woman lost at least $384,000 in a romance scam after meeting someone on TikTok who impersonated an up-and-coming country music star and convinced her to move their conversations to Telegram. The scammer repeatedly requested money for his music career and pressured the victim to keep the relationship secret from her family, who eventually discovered the fraud. The scam highlights how predators target emotionally vulnerable individuals by building trust before requesting funds, often through gift card purchases to obscure transactions.
wesh.com · 2026-09-09
A 63-year-old Pennsylvania woman lost at least $384,000 in a romance scam after meeting someone on TikTok who posed as an up-and-coming country music star and convinced her to move conversations to Telegram. The scammer persuaded the victim to send money and purchase hundreds of Apple gift cards over several months, with the scheme only discovered when her children became involved. Romance scams like this typically target emotionally vulnerable individuals, including widows, widowers, and lonely people across various age groups.
patch.com · 2026-09-09
Nassau County District Attorney Anne Donnelly's Major Financial Frauds Bureau has recovered nearly $650,000 in stolen wages for 138 workers through multiple labor prosecutions in 2024, including cases against four contractors who submitted fraudulent workers' compensation documents to obtain home improvement licenses. Additional recoveries include $435,000 from Westbury Fish owner for unpaid wages to 38 employees, $60,000 in overtime compensation, and $35,000 to 25 workers, along with guilty pleas resulting in fines and prevailing wage restitution.
consumerfinancialserviceslawmonitor.com · 2026-09-09
On September 3, FinCEN published an analysis of digital asset investment scams ("pig butchering" schemes) covering September 2023 through December 2025, identifying approximately $12.7 billion in suspected fraudulent financial activity across 33,904 BSA reports, with reporting volume growing at an average rate of 10.9% per month. These scams typically involve fraudsters using fake personas on social media and dating platforms to build trust with victims before directing them to transfer funds to scammer-controlled accounts, often by liquidating retirement accounts or taking out loans. Victims spanned all 50 states and all age demographics, with the Financial Crimes Enforcement Network characterizing the acceler
finance.yahoo.com · 2026-09-08
Over 200 seniors were defrauded of more than $250 million in a coordinated scheme where scammers called posing as bank or federal officials, convincing victims to withdraw savings and purchase gold or cryptocurrency, which was then collected by couriers and laundered through shell companies and a Florida refinery. More than 40 people have been indicted including Muzamil Ahmed, a 35-year-old from New Jersey arrested at JFK Airport, who allegedly operated the scheme with call centers primarily based in India that targeted elderly victims across multiple states. The stolen assets were converted into cryptocurrency and smuggled overseas, with investigators seizing over $130 million and indicating additional arrests are likely.
mynews4.com · 2026-09-08
Nevada ranks second nationally for senior scam risk and leads the nation with 748 fraud reports per 100,000 seniors aged 60 and older—well above the national average of 522. The most common scams involve business impostors posing as legitimate companies, with losses varying by age group: younger seniors losing approximately $250 per scam, those 70-79 losing around $648, and seniors over 80 losing about $5,000. Scammers employ sophisticated tactics including creating false urgency and targeting different age groups through varying channels—social media and websites for younger seniors, and phone calls for those over 80.
moneywise.com · 2026-09-08
Over 200 U.S. seniors lost more than $250 million in a coordinated fraud scheme in which scammers called posing as bank or federal officials, convincing victims to withdraw savings and buy gold, bitcoin, or cash that couriers then collected. The stolen funds were funneled through shell companies to a Florida refinery where gold was melted down and converted to cryptocurrency before being sent out of the country; Muzamil Ahmed, 35, of New Jersey was arrested as a central figure in the operation with more than 40 indictments issued by early September.
dailystar.co.uk · 2026-09-08
Thai military seized an 80-hectare scam compound in Cambodia's O'Smach that housed thousands of trafficked workers running romance, cryptocurrency, and government impersonation schemes targeting victims globally, including British citizens. The facility contained fake police station mock-ups (including replicas of Singapore Police and Brazil's Federal Police offices), detailed romance scam scripts on whiteboards, and rows of cubicles where scammers operated around the clock. While Cambodian authorities claim to have eradicated large-scale scam operations, rights groups and experts assert that criminal syndicates have simply transitioned to decentralized operations rather than being truly dismantled.
kval.com · 2026-09-08
An elderly man in Eugene, Oregon nearly lost $3,000 to an in-person romance scam after a woman about 30 years younger approached him at a restaurant, built rapport over multiple dinners, and then claimed financial hardships requiring money. The man became suspicious when his bank was closed and contacted police before completing the transaction, averting the loss. Eugene police warn that romance scammers often target older adults by posing as romantic interests, establishing quick relationships, and requesting money for fabricated emergencies.
thedanielislandnews.com · 2026-09-08
The Berkeley County Sheriff's Office is offering free Senior Fraud Prevention Tour workshops to educate older adults and their families about recognizing and avoiding scams, with an upcoming session scheduled for September 25 at Del Webb Point Hope from 7-8 p.m. The presentations cover phone and text message scams, grandparent and AI voice scams, identity theft, online safety, financial fraud, and how to report suspicious activity. No registration is required, and the workshops are open to seniors, caregivers, family members, and anyone interested in fraud prevention.
vladtv.com · 2026-09-08
DJ Vlad's 80-year-old mother lost $200,000 to an FBI impersonation scam that began with a fake Charles Schwab pop-up warning her account was compromised, leading fake federal agents to gain remote computer access and direct her to purchase gold coins that were handed off in a parking lot. Former CIA officer Charles Finfrock explains the scam's tactics of using authority, fear, and secrecy to isolate victims and exploit bank systems, highlighting the rising trend of gold and cryptocurrency scams targeting seniors.
losbanosenterprise.com · 2026-09-08
Merced Police are hosting an elder fraud prevention class on September 15, 2026, for residents 50 and older as the county experiences multiple active scams targeting seniors, including impersonation of law enforcement officers demanding payment for missed jury duty, family emergency scams claiming arrested relatives need money for ankle monitors or bonds, and fraudulent emails posing as county departments requesting wire transfers for fake invoices. The scams have used increasingly sophisticated methods including spoofed phone numbers, fake official documents, and AI-generated voice imitations to deceive victims.
Romance Scams Crypto Investment Scams Investment Fraud Government Impersonation Law Enforcement Impersonation Cryptocurrency Wire Transfer Gift Cards Payment App Check/Cashier's Check
news3lv.com · 2026-09-08
Nevada ranks second in the U.S. for seniors vulnerable to scams, with median losses ranging from $250 for victims ages 60-69 to $5,000 for those 80 and older, according to research analyzing FBI and FTC data. Senior fraud losses in Nevada grew 42% year-over-year, with scammers using varied tactics including phone calls, social media, and websites depending on the victim's age group. Arizona, California, and Washington also ranked among the top states for senior scam risk, with younger seniors primarily targeted through social media and websites while older seniors are most commonly contacted by phone.
wtva.com · 2026-09-08
The Corinth Police Department and First Baptist Church are jointly hosting an educational presentation on elder fraud on Wednesday at 11 a.m. to raise awareness about scams targeting seniors. The event aims to inform and protect elderly community members from fraud schemes.
news3lv.com · 2026-09-08
Nevada ranks second nationally for senior scam risk with the highest fraud report rate at 748 per 100,000 seniors aged 60+, compared to the national average of 522. The most common scams involve business impostors, with losses varying by age group—younger seniors losing around $250 per scam, those 70-79 losing approximately $648, and seniors over 80 losing about $5,000. Scammers typically create false urgency through phone calls, texts, and online channels, with older seniors more vulnerable to phone-based fraud.
mha.gov.sg · 2026-09-08
Singapore's scam situation improved in 2025-2026 with cases falling 14.4% and losses declining 17.9% in the first half of 2026 (to approximately 16,800 cases and $411 million respectively), though the country still experiences an average of 90 reported scam cases and $2 million in losses daily. The proposed Scams (Countermeasures) and Other Matters Bill aims to strengthen anti-scam efforts through three mechanisms: facilitating information exchange between police and service providers via the National Scams List platform, enhancing legal tools to combat online platform scams, and strengthening police capabilities to disrupt scam accounts and infrastructure
startup.info · 2026-09-08
Pig-butchering crypto scams caused Americans to lose $9.3 billion in 2024, with adults aged 60 and older accounting for $2.8 billion of those losses, according to FBI data showing a 66% increase from the previous year. These scams typically involve fraudsters building trust over weeks before directing victims to make investments that appear profitable initially, then demand additional payments for taxes and fees before victims realize the deception. Legal assistance can help victims preserve evidence through blockchain analysis, coordinate reports with financial institutions and law enforcement, and explore civil recovery options before statutes of limitations expire.
wgal.com · 2026-09-08
A 63-year-old woman from Lebanon County lost $384,000 in a romance scam after meeting a scammer posing as a country music star on TikTok in February. The scammer convinced her to move communications to Telegram and repeatedly requested money and hundreds of Apple gift cards for his supposed music career while instructing her not to tell her family. The scam was ultimately discovered by the victim's children, and authorities note these scams typically target emotionally vulnerable individuals including lonely people and widows.
southfloridareporter.com · 2026-09-07
Fraud losses among Americans over sixty reached a record $4.8 billion in 2024, with criminals specifically targeting seniors for their substantial savings and retirement assets. Common scams include tech support fraud, investment schemes promising unrealistic returns, impersonation of government agencies, romance scams, grandparent scams using AI voice cloning, and fake lottery winnings that demand upfront fees. The article recommends avoiding urgency, not clicking suspicious links, using family passphrases for verification, and consulting trusted advisors before making financial decisions.
thediplomat.com · 2026-09-07
Indian call centers operating primarily from rural regions like Jamtara and Mewat generate approximately $10 billion in annual losses globally through technical support scams, government impersonation, and "digital arrest" schemes targeting victims in the US, UK, Australia, and Canada. The scam infrastructure relies on VoIP networks, money mule accounts, and underground remittance systems, with cryptocurrency pig-butchering schemes alone exceeding $3.6 billion in losses in 2024. Local politicians in economically disadvantaged areas provide scammers protection in exchange for votes, creating systemic complicity that enables the fraud networks to operate with minimal legal consequences.
yahoo.com · 2026-09-07
A 72-year-old woman lost approximately $300,000 across multiple scams within 12 months, with the largest loss of roughly $250,000 stemming from a romance scam in which a man posing as a Christian missionary and UN-employed doctor convinced her to mail cash via UPS to various P.O. boxes across state lines. The scam depleted her entire retirement savings and home equity, leaving her facing additional tax consequences from 401(k) withdrawals. The victim's family is now seeking legal counsel regarding conservatorship, as the pattern suggests she may be targeted by additional scams.
dailymail.com · 2026-09-07
A 68-year-old retired British pensioner in Thailand lost his entire income and savings to a romance scam after being targeted by cyber predators posing as an American woman named Emily Smith who claimed to need inheritance fees paid upfront. Over five months, Simon Charles Hill transferred approximately £500 monthly from his state pension plus his personal savings, eventually becoming homeless and sleeping in a Bangkok hotel lobby when he ran out of money. A local charity helped him avoid immigration detention and funded his return to the UK where he is now recovering.
news5cleveland.com · 2026-09-07
Experts warn that fall and winter months see a surge in fraud targeting seniors, holiday shoppers, and online buyers, with scammers particularly exploiting Medicare open enrollment in October and romance scams around the holidays. The FBI recommends consumers pause before purchasing and verify website addresses carefully, as legitimate-looking sites with slightly altered URLs are typically fraudulent. No specific dollar amounts or individual victims were mentioned in this warning about seasonal fraud trends.
news5cleveland.com · 2026-09-07
During the "ber" months (September through December), fraudsters intensify scams targeting seniors and consumers, including Medicare impersonation schemes demanding fees or personal information during October's open enrollment period, romance scams on dating apps and social media that exploit lonely individuals and extract life savings, and holiday shopping phishing scams with fake storefronts using deceptive URLs. The FBI and Federal Trade Commission warn that romance scam victims often lose hundreds of thousands of dollars or their entire retirement savings, while fake online retailers capitalize on holiday discounts and seasonal deals that appear legitimate but never deliver purchased goods.
castanet.net · 2026-09-07
This article announces anti-fraud educational workshops for seniors aged 55+ in the South Okanagan region, featuring experts from CrimeStoppers and BC Securities to teach protective strategies against increasingly sophisticated scams. The free workshops are being offered in Princeton, Penticton, and Osoyoos on September 8-9 through MP Helena Konanz's office, addressing concerns about fraudsters using AI tools to steal banking and personal information.
einpresswire.com · 2026-09-06
I cannot provide a summary of this content because the article text itself is not included—only the header, legal disclaimers, and website terms are present. To summarize information about threats to judges, the Young Lawyers Summit, or senior fraud, I would need the actual article content describing what occurred, who was affected, and relevant details.
the420.in · 2026-09-06
A 70-year-old retired teacher from Mumbai lost ₹70,000 in an initial romance scam involving a fake American doctor, then fell victim to a secondary recovery scam where fraudsters posing as recovery agents, RBI officers, and Delhi Cyber Police officials extracted ₹14.38 lakh from her through false promises and fabricated investment accounts. The criminals used multiple tactics including fake company advertisements, forged documents, and various pretexts such as taxes, GST, and legal fees to continuously extract money from the vulnerable victim. The Eastern Region Cyber Police have registered an FIR and launched an investigation into both fraud schemes.
hoodline.com · 2026-09-06
An Athens man was catfished by 25-year-old Caleb Jonquay Mills of South Carolina, who created a fake persona of a Florida sheriff's deputy named Hailey Morello using stolen photographs, fake social media accounts, voice-changing technology, and multiple phone numbers to deceive the victim into believing they were engaged. Police suspect Mills may have been secretly living inside the victim's apartment without his knowledge while he was at work, and the victim reportedly sent money to the fraudster before the scheme was discovered in July 2026. Mills was arrested on charges including identity fraud, impersonating a public officer, and making false statements to law enforcement.
newstribune.com · 2026-09-06
This article announces an AARP Chapter 4401 meeting featuring a presentation by Mallory McGowan of Jefferson Bank on how to avoid scams targeting older adults, scheduled for Thursday at 12:30 p.m. at the Aging Best Center in Jefferson City, Missouri. The article also reports on a recent Bunco Night fundraiser that raised $400 for the Senior Nutrition Council and promotes an upcoming free grief support program called "From Loss to New Life" beginning in October.
rollingout.com · 2026-09-05
A 63-year-old woman lost $150,000 to an online romance scam involving a man impersonating a U.S. Army officer who used AI-generated fake identification and video calls to build trust over four months before soliciting money through various payment methods. The case highlights a growing epidemic: seniors lost $7.7 billion to cybercrime in 2025 (up 37% from 2024), with AI-assisted scams accounting for at least $352 million in losses among over 3,100 victims age 60 and older, as scammers increasingly use voice cloning, deepfake videos, and personalized AI-generated messages to target older Americans.
hoodline.com · 2026-09-05
A 73-year-old Miami-Dade man was charged with exploiting an elderly woman with severe dementia by fraudulently transferring half ownership of her $420,000 townhome to himself (worth approximately $210,000) while she was legally declared incapacitated, and subsequently marrying her and collecting rental income from the property. The suspect exploited a 20+ year relationship with the victim to execute the scheme, which also involved approximately $17,600 in collected rent; he was arrested nearly four years after the exploitation was verified by authorities in 2022.
streamlinefeed.co.ke · 2026-09-05
Elderly adults experiencing social isolation are becoming prime targets for romance and confidence scams, with the FBI recording nearly $4.9 billion in fraud losses among Americans aged 60 and older in 2024. The World Health Organization has identified loneliness as a public health crisis comparable to smoking, affecting roughly one in six people globally and linked to over 871,000 deaths annually. Scammers exploit older adults' vulnerability by building relationships through repeated online contact before requesting money, with losses often exceeding $100,000 per victim, while interventions focusing on rebuilding human connection—such as social prescribing and financial literacy programs—show promise in prevention.
floridabar.org · 2026-09-04
Miami-Dade County officials announced arrests in multiple elder fraud cases, including a 67-year-old man accused of stealing $86,000 from his elderly parents (ages 88 and 90) by exploiting his position of trust to drain their bank accounts. Florida has the highest percentage of residents age 65 and older in the nation, with Miami-Dade County having 472,132 seniors (17% of its population), of which approximately 106,000 live alone and are vulnerable to exploitation by family members, caregivers, and scammers. The Elderly & Vulnerable Abuse Task Force has made nearly a dozen arrests, with two perpetrators sentenced to 20
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