The scammers targeted the elderly and scammed them out of nearly $40 million dollars.
The investigation started with a 75-year-old Iowa woman who was scammed out of thousands of dollars by a criminal enterprise known as WyzeMoney, Phoenix Police Detectives of the Commercial Crimes Detail toldShe was convinced to invest her money in WyzeMoney, with guaranteed money back and no risk, but instead allegedly experienced credit card fraud.
"We've identified 9,000 victims," said Phoenix Police Chief Jeri Williams."We estimate that $40 million was stolen from these vulnerable adults. All were over the age of 65, and some were people with disabilities."transcripts"The money comes from Google and Amazon based on money they make from websites.
"It's important for us as a community to take a stand" against scams that target the elderly and disabled, Mitchell said.
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