Lottery Scam Snares Senior Client


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Comments (3)
The same thing happened to my father-in-law, he was wiring funds all around the world and was scammed for thousands of dollar! He sent money using Western Union to Costa Rica, Canada and South Africa. He wired $15K to a lady in California. We tried to stop him. It was very hard to make him understand that there was no lottery winnings. They intimidate him by calling him in his home phone and telling him to send the money. We need to bring an awareness to the elderly and the families of the tactics used by the scammers. My father-in-law had Parkinson's disease. He was 79 years old.
Posted by Minda T | Wednesday, August 27 2014 at 2:04PM ET
Its really sounds nuts - who would fall for this? - but unfortunately this is so common and so widespread, far more than people think. And once these scammers find "a live one", they keep going back to the well for more. These victims are usually in a state of diminishing capacity, the stage before dimimshed capacity that makes them so vulnerable to undue influence by scammers and unscrupulous caregivers/family members, etc.. Wells Fargo should be commended for their actions - this is why these larger institutions are now bringing gerontologists on staff, to understand the aging process as it related to financial behavior. "Financial gerontologists" are desperately needed on all levels.
Posted by Julie B | Thursday, August 28 2014 at 1:41PM ET
So, what is being done about grabbing the criminals involved??
Posted by Alexander S | Wednesday, September 24 2014 at 9:55AM ET
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