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Complete Story
04/24/2022
Organized Crime Gangs Earn Big Bucks in Shift to Fraud
AARP
Smelling huge profits in targeting older Americans, organized gangs —the underworld syndicates that once focused on drug trafficking, gambling and other high-profile crimes —are increasingly entering the consumer fraud business, according to interviews with several law enforcement officials.
These syndicates, often based overseas, are using impersonation, intimidation and, in rarer cases, violence to steal from older people, according to the officials. Their elaborate structures and finely honed scams have made these criminal rings highly successful and difficult to catch.
“This is a billion-dollar underground economy run by highly organized groups in the United States and abroad. These are not lone wolves sitting in their basements,” says Scott Pirrello, a San Diego County deputy district attorney who helped develop the FBI-led San Diego Elder Justice Task Force.
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