Tag: Financial exploitation of seniors

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IRS Agent Sentenced 12 Years for Scamming Elderly Californian

Bernie Madoff: How he pulled it off So, like, this retired IRS agent from Southern California ended up in state prison after getting caught up in a financial fraud scheme that ripped off an elderly...
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Beware of Senior Scam: Henderson Man Indicted by DOJ, Millions Lost

A Henderson man named Zhao Wang was recently indicted by the Department of Justice for his involvement in a scam that targeted over 2,000 elderly individuals, resulting in a total loss of $27 million....
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Texas Woman Sentenced for Involvement in Ponzi Scheme Targeting Senior Citizens

Debra Mae Carter, a 65-year-old woman from Texas, has been sentenced to life in prison for her involvement in a Ponzi scheme that targeted senior citizens. Working alongside William Neil Gallagher, also known as...