International 'grandparent scheme' bilks seniors of $50,000 [USA TODAY]

Uber Technologies, Inc. (UBER)
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Source: USA TODAY
USA TODAY A federal grand jury indicted a man from the Dominican Republic in connection with a grandparent fraud scheme, the latest case in a growing trend where scammers pose as desperate relatives and convince seniors to handing over their savings. Luis Alfonso Bisono Rodriguez, a citizen of the Caribbean nation living in Cleveland, was charged in Pennsylvania with working with partners in the Dominican Republic to defraud at least five victims of some $50,000. They called people as old as age 91 and posed as a cast of characters ranging from the victim's children to attorneys to bail bondsmen. “This fraud scheme not only targets elderly, vulnerable victims, but further traumatizes them by placing them in fear for their loved ones,” Troy
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