Nationwide Elder Fraud Sweep, DOJ Charges 250 Defendants

The Justice Department shared a press release announcing the largest coordinated elder fraud sweep in US history. The case resulted in criminal charges against 200 individuals who exploited over a million seniors of half a billion dollars.


The sweep included a range of fraud schemes—from mass mailing, telemarketing and investment frauds to individual identity theft events and thefts involving guardians. Numerous cases involved criminal organizations that defrauded hundreds of thousands of older victims across the country, while others involved a single relative or fiduciary who exploited an individual victim.

Articles in TIME and Financial Advisor mentioned EverSafe and the importance of being proactive when it comes to monitoring finances and identifying and reporting suspicious activity.