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

Editor’s note: So many of the scammers that victimize America’s elderly, along with senior citizens throughout the West, are from India, Africa, and non-European countries. You yourself have undoubtedly fielded countless telemarketing calls, deleted phishing emails, and even dealt with aggressive door-to-door solicitors. The question remains: how do we protect our vulnerable elders from the predations of these pathological grifters? The following article brings these issues to light. As a related aside, if you wish to see how an intrepid fellow is pushing back on telemarketing scammers and their ilk, oftentimes in a humorous way, please have a look at some of The Hoax Hotel’s videos. I have embedded one here to get you started. Let’s try to keep our parents, our grandparents, and one another safe. Mundilfury.

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 Bluff, Louisiana, depleted her savings, took out a reverse mortgage and cashed in a life insurance policy. She didn’t tell her family, not even the sister…

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