Okaloosa elder abuse case shows financial exploitation risk to seniors » Scammer News
In a recent investigation, local law enforcement found that a disabled veteran reportedly had been exploited out of almost $90,000 during a two-year span.
Sadly, the exploitation of vulnerable adults is all too common, Okaloosa County Sheriff’s Office Investigator Michael Kruger said.
In this instance, the victim’s only source of income was a monthly Veterans Affairs Disability payment, ranging from $2,973.86 to $3,106.04, according to an Okaloosa County Sheriff’s Office report.
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The payments were deposited into a bank account he shared with a court-appointed guardian, and by November 2020 the account was depleted to a balance of only $55.44.
Kruger, who specializes in investigating economic crimes, said a majority of financial crimes are directed at…