Fake Elon Musk Defrauds Woman of $600,000
Jeffrey Moynihan, 56, was arrested in Bradenton, Florida, for grand theft after allegedly defrauding a 74-year-old Texas woman of $600,000. Posing as Elon Musk on Facebook, Moynihan convinced the victim to invest in fraudulent businesses, promising a substantial return. The victim, fearing financial insecurity, sent Moynihan the money over several months. This case highlights the concerning rise in elder fraud, with Bradenton Police reporting nearly $3 million in losses from such crimes this year alone.
John Q. Hosedrinker