SMITHFIELD – Smithfield Police are investigating a scam that cost a 73 year-old man a large sum of money.
Around May 2023, the victim was convinced by a scammer, posing as an investor, to wire money overseas. The man though he was sending money to a bank in Singapore that was investing the funds.
Over the next few weeks, the victim send four separate large payments, totaling $400,000. He was lead to believe his investment was substantially growing in value.
When he recently attempted to withdraw some of the money, he was told there would be a 20 percent commission before he could access the funds. That’s when he realized it was a scam.
It’s unlikely the victim can recover any of his money.
People PLEASE!!! Talk to your elderly family members and even neighbors, tell them to never trust anyone who calls them. Our elderly grew up in a time when most people were honest and could be trusted. Sadly that time no longer exists. The criminals will NOT stop until everybody stops falling for their scams.
Dear gullible,
If you insist on giving your money away, keep it local. Send it to me.
If you can’t hold on to your money, you probably don’t deserve to have it.
You people make me sick. (not Jessica Vance). Let’s see how sharp you all are when you are 78 years old. This could have been this man’s life saving and now we don’t know how bad he is suffering. Instead of knocking him, how about praying for him!