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Dad, 67, loses $400K after fake federal agents claimed his identity was stolen, son says. Here's how the scam worked
Yahoo Finance· 2025-12-07 10:50
It’s a nightmare that adult children hope will never come true: your senior parent is scammed out of their life savings. That nightmare became reality for James Yancy, who says his 67-year-old father revealed to him that he had given his life savings — about $400,000 — to scammers posing as federal agents who claimed his identity had been stolen. Yancy knew right away his father had been swindled. Must Read “I told him as gently as I can, ‘that’s fake,’” he told USA Today in an article published Nov. 1 ...