BPOI Banner
Police Issue Warning Against 'Grandparent Scam' After Elderly Man Loses $9,500 To Thief Posing As His Grandson: Report Police Issue Warning Against 'Grandparent Scam' After Elderly Man Loses $9,500 To Thief Posing As His Grandson: Report

Police Issue Warning Against ‘Grandparent Scam’ After Elderly Man Loses $9,500 To Thief Posing As His Grandson: Report

Law enforcement officers are sounding the alarm over a scam designed to drain the life savings of elderly victims.

Pennsylvania police say an 86-year-old resident lost $9,500 to a person pretending to be his grandson, reports The Times-Tribune.

Joseph Burke says he received calls from a person claiming to be his direct descendant, saying that he needed $19,000 to settle a traffic accident.

Amid the urgency of the purported situation, Joseph took out $9,500 from one of his accounts and wanted to withdraw more from another bank but employees stopped him from doing so.

Joseph says he followed the instructions of the thief, allowing a man sporting a baseball cap, blue surgical mask and surgical gloves to collect the funds at his house.

Using surveillance footage, the police were able to identify the car used to get the money from Joseph’s residence. According to the police, the vehicle had been leased from a rental car firm under the name of Iris Alvarez. The officers subsequently secured a warrant to access Alvarez’s Cash App account and determined that the alleged thief was working with Alfonso Camareno.

The duo are now charged with operating a corrupt organization, theft and other related crimes.

The police warn that their investigation suggests the scheme looks to be part of an organized crime group operating elsewhere.

In Pittsburgh, police say Camareno is the mastermind of a criminal crew that solely targets elderly people. Camareno is also wanted in Pittsburgh where he is facing similar charges.

Camareno and Alvarez are still at large. Police say the investigation is still active with the likelihood of more arrests.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney



Source link

Henry Kanapi

https://dailyhodl.com/2024/11/23/police-issue-warning-against-grandparent-scam-after-elderly-man-loses-9500-to-thief-posing-as-his-grandson-report/

2024-11-23 22:48:46

bitcoin
Bitcoin (BTC) $ 94,707.37 0.71%
ethereum
Ethereum (ETH) $ 3,380.34 2.14%
tether
Tether (USDT) $ 0.998111 0.04%
xrp
XRP (XRP) $ 2.18 1.99%
bnb
BNB (BNB) $ 725.47 5.32%
solana
Solana (SOL) $ 192.60 4.57%
dogecoin
Dogecoin (DOGE) $ 0.321202 3.38%
usd-coin
USDC (USDC) $ 1.00 0.04%
staked-ether
Lido Staked Ether (STETH) $ 3,374.84 2.02%
cardano
Cardano (ADA) $ 0.881633 1.55%
tron
TRON (TRX) $ 0.257218 0.54%
avalanche-2
Avalanche (AVAX) $ 37.44 2.47%
the-open-network
Toncoin (TON) $ 5.82 1.48%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,015.12 1.93%
chainlink
Chainlink (LINK) $ 21.73 2.83%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 3.00%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,568.34 0.72%
sui
Sui (SUI) $ 4.14 0.55%
hedera-hashgraph
Hedera (HBAR) $ 0.286618 4.15%
polkadot
Polkadot (DOT) $ 7.02 2.10%
stellar
Stellar (XLM) $ 0.352558 1.87%
bitget-token
Bitget Token (BGB) $ 7.33 6.02%
weth
WETH (WETH) $ 3,379.15 2.12%
hyperliquid
Hyperliquid (HYPE) $ 28.33 6.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 446.15 0.76%
leo-token
LEO Token (LEO) $ 9.24 0.64%
uniswap
Uniswap (UNI) $ 13.34 0.54%
pepe
Pepe (PEPE) $ 0.000019 5.59%
litecoin
Litecoin (LTC) $ 100.52 0.37%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,566.53 2.09%
near
NEAR Protocol (NEAR) $ 5.22 2.75%
ethena-usde
Ethena USDe (USDE) $ 0.997126 0.01%
usds
USDS (USDS) $ 0.99877 0.23%
aptos
Aptos (APT) $ 9.09 3.78%
internet-computer
Internet Computer (ICP) $ 10.46 3.73%
aave
Aave (AAVE) $ 332.87 3.45%
mantle
Mantle (MNT) $ 1.22 2.34%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.484136 1.45%
crypto-com-chain
Cronos (CRO) $ 0.14934 0.39%
ethereum-classic
Ethereum Classic (ETC) $ 26.39 1.56%
vechain
VeChain (VET) $ 0.046773 2.24%
render-token
Render (RENDER) $ 7.11 1.44%
monero
Monero (XMR) $ 198.81 3.98%
whitebit
WhiteBIT Coin (WBT) $ 24.72 0.84%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 3.64%
mantra-dao
MANTRA (OM) $ 3.71 1.65%
bittensor
Bittensor (TAO) $ 470.76 0.62%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.44 2.93%
dai
Dai (DAI) $ 1.00 0.09%
arbitrum
Arbitrum (ARB) $ 0.768327 1.08%