Nearly $250k gone: Elderly woman surrenders insurance policies, transfers savings to fake cop
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An elderly woman lost nearly $250,000 after scammers tricked her into believing she was implicated in a drug-related case. Her son surnamed Lin, 43, told Shin Min Daily News that his mother, 74, had received a call last May informing her that she owed a hoNearly $250k gone: Elderly woman surrenders insurance policies, transfers savings to fake cop
An elderly woman lost nearly $250,000 after scammers tricked her into believing she was implicated in a drug-related case. Her son surnamed Lin, 43, told Shin Min Daily News that his mother, 74, had received a call last May informing her that she owed a hospital a $1,000 bill for her medicine. The woman had indeed visited the hospital recently but said she did not have any unpaid bills. The call was then transferred to another person, who claimed to be a police officer. The 'police officer' told the woman that a bank card with her name was found during an anti-drug operation and sent her a photo of an 'arrest warrant'. If she did not co-operate with investigations by handing over her personal information including details of her bank accounts, the accounts would be frozen for 16 months, said the 'cop'. Lin said his mother believed the scammers as they knew her recent spending transactions and she then complied with their instructions as she was worried that their joint bank account would be affected. Read more