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53°
Monday, oct 28
Tag:
Lestor Burroughs
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Three CT Residents Charged In Elder Fraud Cases
Three Connecticut residents were among those targeted and charged following the “largest coordinated sweep of elder fraud cases in history,” the U.S. Attorney’s Office announced. The Department of Justice said that this year, prosecutors charged more than 400 people - up from 260 the year before - for elder scams. In each case, offenders allegedly engaged in financial schemes that targeted or largely affected seniors. In total, the charged elder schemers caused alleged losses of over a billion dollars. In Connecticut, Torrington resident Lestor Burroughs, a registered securities bro…