How Criminals Steal $37 Billion a Year from America’s Elderly–Bloomberg

Telephone pitchers, online scammers and even family members target the most vulnerable among us. And it’s about to get worse. Marjorie Jones trusted the man who called to tell her she’d won a sweepstakes prize, saying she could collect the winnings once she paid the taxes and fees. After she wired the first payment, he and other callers kept adding conditions to convince her to send more money. As the scheme progressed, Jones, who was legally blind and lived alone in a two-story house in Moss.

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