The Lady Lake Police Department has launched an investigation involving two separate fraud cases over the weekend, which targeted senior residents.
Individuals claiming to belong to trusted institutions persuaded the two victims to transfer money under false pretenses—with the total financial loss nearing $72,000.
While the police department actively investigates, residents, especially seniors and their families, are reminded to remain vigilant to scammers using increasingly sophisticated and convincing tactics to trick victims into sending money.
According to the Federal Trade Commission, Americans reported losing more than $2.9 billion to imposter scams, with older adults bearing a disproportionate share of those losses. A report in 2024 found many consumers who reported losing money to scams did so when they paid with bank transfers or cryptocurrency.
In a release posted on Facebook, Lady Lake Police Chief Steve Hunt stressed the importance of awareness for prevention.
“If someone calls, texts, or emails you claiming to be from your bank, a government agency, or a major company and asks you to move money, buy gift cards, or send funds through bitcoin or wire transfers, end the conversation immediately,” he said. “Legitimate organizations will never demand payment this way. When in doubt, hang up and call the institution directly using the number on your bank card or official paperwork.”
