DOJ: Elder fraud cases tied to nearly $4.8B in losses, 711,000 victims
WASHINGTON - The Department of Justice pursued nearly 350 criminal and civil enforcement actions involving fraud or abuse that targeted or disproportionately affected older adults during the past year, according to an annual report released Wednesday.
By By Chris Williams·4 hr ago
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The Department of Justice pursued nearly 350 criminal and civil enforcement actions involving fraud or abuse that targeted or disproportionately affected older adults during the past year, according to an annual report released Wednesday.
By the numbers: The cases involved 712 defendants accused of stealing or attempting to steal approximately $4. 84 billion from 711,353 victims, the department said.
About 96% of the cases were criminal, while 45% involved international schemes.
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