Florida man accused of posing as Elon Musk, defrauding elderly woman of $250K [FOX Business Network]
Tesla, Inc. (TSLA)
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Source: FOX Business Network
A Florida man has been arrested after impersonating tech billionaire Elon Musk in a bid to scam an elderly woman out of at least a quarter of a million dollars, according to police. Jeffrey Arthur Moynihan Jr. was arrested at his Bradenton home Tuesday night and charged with grand theft. While reportedly operating under the guise of the Tesla and SpaceX CEO, the 56-year-old businessman befriended the victim, a 74-year-old Texas resident , on Facebook and began messaging her in 2023. The victim was allegedly promised a $55 million return on investment. Her husband reportedly told investigators that she was conned out of some $600,000 in total. Detective Jim Curulla of the Bradenton police was tipped off by authorities in Frisco, Texas, who were investigating an incident in which a woman had reportedly given a large sum of money away to an entity posing as the tech billionaire, according to a department spokesperson. Nearly half of that money could be traced back to banks in
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