A 20-year-old man has been arrested in Sonoma County for allegedly participating in an elder fraud scheme.
Yung-Wen Kuan was apprehended after attempting to collect $20,000 from a 78-year-old woman, who had previously been tricked into withdrawing a large sum of money under the guise of protecting her finances. The suspects, posing as bank and government officials, convinced the victim to hand over the money to Kuan.
This incident highlights the growing concern of elder fraud scams, with financial institutions like Redwood Credit Union observing an increase in such attempts.
The credit union urges customers to be cautious and verify the
legitimacy of any unexpected calls or messages from financial
institutions. The investigation into this scheme is ongoing, and
authorities are encouraging anyone who may have been a victim to contact
the Sonoma County Sheriff’s Office.
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20-Year-Old Arrested For Participation In Elder Fraud
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