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A Family's Fight to Save an Elder From Scammers – WSJ.com

The first time a beloved relative in his mid-70s wired several thousand dollars to strangers, believing he was paying taxes on huge lottery winnings, it seemed like a fluke, a mistake he would understand once we straightened him out.

Then it happened again. And again.

In less than a year, this Ivy League-educated professional sent at least $23,000 to slick con artists who came to know his personal interests, as well as his bank-account, credit-card and other personal information. Yet even more shocking than how effectively and efficiently scammers won his trust and his retirement savings was how impossible it was to stop them.

via A Family’s Fight to Save an Elder From Scammers – WSJ.com.

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Posted on June 24, 2009 | No Comments | Category: Alzheimer's |

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