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Veteran Loses $1.4M in Sophisticated Scam

Veteran Loses $1.4M in Sophisticated Scam

Published 1 week, 5 days ago
Description

An 80-year-old Bradenton veteran lost $1.4 million to a brazen nationwide scam where fraudsters posed as U.S. Customs agents, staged home visits, and convinced him to buy gold bars for “safekeeping.” One mastermind, Syed M. Makki, sentenced to 15.5 years and $4.7M in restitution, used malware to funnel victims to fake numbers, while accomplice Swetaban Patel was arrested for stealing assets. The scheme, active from 2023 to March, targeted 12 elderly victims, stealing over $6 million in total.

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