The Lady Lake Police Department is investigating two separate fraud cases reported over the weekend involving senior residents who suffered significant financial losses after being contacted by individuals posing as trusted institutions. In both cases, the victims were persuaded to transfer money under false pretenses – and in total lost nearly $72,000.
While detectives are actively investigating, police are reminding residents, especially seniors and their families, that scammers continue to use increasingly sophisticated and convincing tactics to trick victims into sending money.
According to the Federal Trade Commission, Americans reported losing more than $2.9 billion to imposter scams, with older adults bearing a disproportionate share of those losses. In 2024, consumers reported losing more money to scams where they paid with bank transfers or cryptocurrency – as is the case with these instances of fraud…