Feds crack down on elder fraud as seniors lose billions to scams
Angela Stancik
Angela Stancik's grandmother Marjorie  committed suicide with just $69 in  her  bank account after investing  her  savings in a scam.  She  wishes  her  grandmother had reached out to  her  family sooner and urges others who may be caught up in a scam not to be ashamed to ask for help.
 She  urges family members to monitor elderly relatives to help protect them from financial predators.
"Watch what they're doing  watch how they're spending their money. …Check their phones  check their mail "  she  said.
Dorothy's money is gone  but  she  hopes  her  story will help other victims come forward.
"We've got to stop these people from hurting other people and it hurts so much – it hurts more than people know "  she  said.
Another common type of elder exploitation: "grandparent schemes " where scammers convince seniors that a grandchild has been arrested and needs bail money. Sessions said that one of his own staffers got a call from  her  distraught grandmother  afraid that  her  granddaughter was in jail. The FBI urges people to check with law enforcement before sending money to anyone they don't know.
[TGT]committed suicide with just $69 in  [TGT]  bank account after investing  [TGT]  savings in a scam.  [TGT]  wishes  [TGT]  grandmother had reached out to  [TGT]  family sooner and urges others who may be caught up in a scam not to be ashamed to ask for help.
 [TGT]  urges family members to monitor elderly relatives to help protect them from financial predators.
"Watch what they're doing  watch how they're spending their money. …Check their phones  check their mail "  she  said.
Dorothy's money is gone  but  she  hopes  her  story will help other victims come forward.
"We've got to stop these people from hurting other people and it hurts so much – it hurts more than people know "  she  said.
Another common type of elder exploitation: "grandparent schemes " where scammers convince seniors that a grandchild has been arrested and needs bail money. Sessions said that one of his own staffers got a call from  her  distraught grandmother  afraid that  her  granddaughter was in jail. The FBI urges people to check with law enforcement before sending money to anyone they don't know.