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Canadian Scammer Jailed for $3.5M Grandparent Scam

Canadian Scammer Jailed for $3.5M Grandparent Scam

Published 2 weeks ago
Description

Stefano Zanetti, a 44-year-old Canadian, faces 15.5 years in U.S. prison for a grandparent scam that defrauded seniors of millions. Running a call center in Montreal, he targeted elders in Pittsburgh and other U.S. cities, living a lavish lifestyle with Porsches, boats, private flights, and cocaine. The scam involved posing as grandchildren in need of bail money, with fake bondsmen collecting the funds. Zanetti admitted to stealing up to $3.5 million, was extradited, and is now incarcerated, demonstrating that greed always leads to consequences.

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