PayPal Scammer Nearly Bilks Elderly Atherton Man Out of $15,000, Caregiver Thwarts the Plot
Briefly

A recent case highlights a scam attempt on an elderly man in Atherton, nearly resulting in a $15,000 loss. The scam began with a phishing email suggesting unauthorized access to his PayPal account. A woman posed as a PayPal representative and convinced him to withdraw funds from his bank account to cover supposed losses. Fortunately, the man's caregiver alerted his family, who contacted local police. Authorities responded quickly, apprehending the suspect and preventing the financial loss. This incident reflects broader trends in scams targeting the elderly, using various deceptive tactics.
Scammers particularly target older individuals, exploiting their trust and often limited tech-savviness to execute elaborate schemes such as phishing scams.
In a recent case, an elderly Atherton man nearly lost $15,000 to a scammer impersonating a PayPal representative before his caregiver and family intervened.
Read at sfist.com
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