FBI warns of fake Trump Bucks scam draining seniors' savings

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FBI warns of fake Trump Bucks scam draining seniors' savings
Seniors have been scammed out of hundreds of thousands of dollars as the FBI tries to get the message out there. ©Image Credit: U.S. Attorney's Office for the Southern District of New York

It looks like there is a yet another scam that seniors need to be aware of. The FBI is warning American seniors of a Trump Bucks scam that can drain their savings.

Give your parents a heads up

If you've got elderly parents in the United States, it's important you let them know about this latest scam that targets their savings.

The scam involves fraudulent Trump Bucks that were sold to Americans. Two people in North Macedonia have now been charged with selling hundreds of thousands worth of these fake Trump Bucks.

The two people who have been charged are also accused of selling other fake products, such as Trump Rebate Banking.

Falsely claim they are connected to the president

To help win over the trust of seniors, the two accused falsely claimed they were connected to the president, the Trump Organization, and his family. This gave seniors a false sense of trust and authority.

The foreign operators named in the indictment are Kristina Janeva, 39, and Goran Spiridonov, 25. Both were charged last week and are currently at large, according to the U.S. Attorney's Office for the Southern District of New York.

Specifically targeting seniors

This wasn't a random scam; instead, it was a highly targeted operation, according to U.S. Attorney Jay Clayton.

The scam was "taking advantage of their support for the president" said Clayton in his statement.

“As alleged, the defendants created a fictitious financial instrument and marketed it to Americans around the country under the false pretense that ‘Trump Bucks’ was affiliated with the funding of President Trump’s re-election campaign and other causes associated with the President and the Trump Organization,” Clayton said in his statement.

Always wise to be suspicious

It's a sad fact that seniors are often the target of financial scams, but that just means it's wise to always be suspicious. If something seems off, or you don't have all the information you need, it's best to walk away.

Source: Independent

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