Man Tells Story Of How He Was Swindled Of Life Savings. He Lost HOW Much Money?

There’s an epidemic sweeping the nation… it’s not a virus, though. The people doing this might as well be a virus, since they are a plague. They are scammers who prey on the elderly, siphoning as much money as they can before the victims go bankrupt. These immoral leeches don’t care about the pain and suffering they cause… only on filling their own bank accounts. This is an eye-opening story.

The video is a report from 2013, but it’s still quite relevant to today, since there are more and more seniors as the Baby Boomers get older. This is quite a large pool for the scammers to swim around in and look for victims. Veteran news anchor Dan Rather tells us about several victims of these scandals and he also talks to law enforcement officers who tell of ways to combat it.

This doesn’t happen solely on the telephone or via regular mail. Email is also a possibility, since many elderly people use the internet. It’s frustrating for those who want to prosecute these scammers, because A)many who are scammed don’t come forward because they are embarrassed or have been commanded to be silent by the scammer and B) the scammers are not in the United States. That means they are often out of reach of the law.

It’s easy for people watching this to say things like, “Oh, I would never fall for anything like that.” These scammers are adept at picking out the people that are the loneliest. It’s like they are wolves and they prowl packs of sheep, searching for one that is isolated. The elderly are prone to this, since other people in their lives may have died already – like the man in the first part of the video. It’s important to educate them so that this can’t happen.

The best way to combat this is to express skepticism about EVERYTHING that you get. If it seems too good to be true, then it is. Always run things by other relatives or friends. Hopefully these scammers will spend time behind bars. Let us know your thoughts in the comments section. Also, please “Like” us on Facebook.

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