Reported about 1 month ago
Barry Heitin, a 76-year-old retired lawyer, became the victim of a sophisticated scam that led to the loss of nearly all his retirement savings, amounting to approximately $740,000. Deceived by criminals posing as government officials, he unwittingly assisted them in withdrawing funds from his accounts. The emotional impact was compounded by an unexpected tax bill of $285,000 due to these withdrawals. His story illustrates the urgent need for financial vigilance, especially among seniors who are increasingly targeted by scammers.
Source: YAHOO