In the largest coordinated sweep of elder fraud cases in history, more than 400 defendants have been charged in elder fraud schemes that caused losses of over a billion dollars.
In each case, offenders allegedly engaged in financial schemes that targeted or largely affected seniors.
Attorney General Barr made the announcement at an event in Florida entitled “Keeping Seniors Safe,” which outlined his vision for protecting older Americans from financial harm.
ELDER FRAUD HOTLINE
Attorney General Barr also announced the launch of a National Elder Fraud Hotline, which will provide services to seniors who may be victims of financial fraud.
The Hotline will be staffed by experienced case managers who can provide personalized support to callers. Case managers will assist callers with reporting the suspected fraud to relevant agencies and by providing resources and referrals to other appropriate services as needed. When applicable, case managers will complete a complaint form with the Federal Bureau of Investigation Internet Crime Complaint Center (IC3) for Internet-facilitated crimes and submit a consumer complaint to the Federal Trade Commission on behalf of the caller. The Hotline’s toll free number is 833-FRAUD-11 (833-372-8311).