Woman Loses Life Savings to Tech Scam
An elderly New York woman lost her entire $360,000 life savings in a complex tech support scam.
A New York woman's life savings are gone. A scammer tricked her out of $360,000. He used a fake Microsoft tech support scam.
The scammer made the woman think her computer was hacked. He then claimed to be from the IRS. He told her to send money to protect her accounts. The woman bought gold bullion and sent it to him. This emptied her retirement fund and bank accounts.
Police arrested a Chinese asylum seeker in connection with the scam. Officials warn about rising cyber fraud. These scams often target older adults. Scammers use fear to steal money.
Stay alert to protect your money. Never share personal information over the phone or online. Official agencies do not ask for payment in gift cards or gold. Always check with a trusted family member or bank if something feels wrong.
Source: Fox Business
