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Scam Alert: Phone Scammer Takes $230K in Bitcoin & Gift cards from Chicago Elderly Woman

An elderly woman in Chicago is scared to death, so she gives $230,000 in Bitcoin & gift cards to a scammer accusing her of drug trafficking and money laundering.

Photo by Vladimir Soares on Unsplash; modified with added text

Why do phone scammers love to talk to elderly Americans? The answer: They are easy targets, and believe complete strangers on the phone.

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Zack Love

Zack Love

Zack has an M.B.A. and has been published on Newsbreak, Yahoo!, Yahoo! Finance, Yahoo! Sports. Follow me for news and true stories.