Feds bust Chinese-Canadian fraud ring operating in 37 states targeting seniors

Elderly Alaskans were among those targeted by criminal conspiracy involving Chinese and Canadians

Alaskans are among nearly 300 elderly victims in 37 states who were targeted in a wide-reaching transnational fraud and money laundering scheme that cost seniors across the US and Canada at least $5 million, according to a federal indictment unsealed in Rhode Island. The Immigration and Customs Enforcement (ICE) and Homeland Security Investigations (HSI) say […] The post Elderly Alaskans were among those targeted by criminal conspiracy involving…

Man Pleads Guilty To Federal Charges In Delaware Case

A New York man has pleaded guilty to federal charges in connection with a nationwide elder fraud conspiracy that defrauded victims of more than $2.1 million, including residents of Delaware. Acting U.S. Attorney Shannon T. Hanson announced that 36-year-old Rakeshkumar Patel of Flushing, New York, entered the plea before U.S. District Judge Richard G. Andrews. Court records show that between May 2023 and May 2024, Patel conspired with others to c…

Feds bust Chinese-Canadian fraud ring operating in 37 states targeting seniors

(The Center Square) – Multiple Chinese nationals have been indicted for their role in orchestrating an elaborate transnational fraud and money laundering scheme targeting elderly U.S. and Canadian citizens.

Kreis Wesel (ots) The Internet offers many possibilities. In the meantime, seniors also use the Internet more and more frequently - for online banking to inform themselves or to exchange information with other people. However, as with all other groups of people, this carries the risk of being cheated. Fraudsters increasingly also look at seniors in order to get at sometimes high amounts of cash. In the last few weeks also a 89-year-old man and a…

The Rhode Island U.S. Attorney's Office announced on May 21 that a federal grand jury indicted eight suspects from the United States and Canada for allegedly defrauding about 300 seniors.

Chinese Nationals Indicted in Transnational Fraud Scheme Targeting Elderly Across U.S. and Canada

PROVIDENCE, R.I. – Multiple Chinese nationals have been indicted for their role in orchestrating an elaborate transnational fraud and money laundering scheme targeting elderly U.S. and Canadian citizens. Sixteen people were indicted overall, living in the states of California, Georgia, Hawaii, Maryland, New York, Rhode Island, Tennessee and Texas. Two are Canadian citizens; three are Canadian residents, according to U.S. Immigration and Customs …