INDIANAPOLIS (WISH) — A federal grand jury in Indianapolis has indicted an Illinois man in a scam targeting primarily elderly individuals. The scam involves instructing victims to convert their savings and retirement accounts into cash or gold bars and provide those funds to law enforcement for supposed “protection.”
The FBI is actively seeking help in locating the fugitive from Illinois who is involved in this fraudulent scheme.
Elderly individuals are particularly vulnerable to scams, and in this case, one victim handed over gold bars outside a department store in Westfield, Indiana. The scam typically begins with unsolicited communication, such as phone calls, texts, and emails, from a supposed FBI agent named “Agent Roy” who claims the victim’s personal information is at risk due to a hacked computer and implicates the victim in a drug crime.
Additional details of the scam involve instructing the victim to withdraw large sums of money from their accounts to exchange for gold bars, under the threat of the IRS freezing their accounts. Subsequently, the victim is coerced into providing additional funds under the pretense of ensuring their safety.
Abdul Mohammed, 31, of Des Plaines, Illinois, is identified as one of the conspirators in this scam. He remains at large following the grand jury indictment in the U.S. federal court in Indianapolis.
Insight into the Scam
It is essential to remain vigilant against such scams, especially targeting vulnerable populations like the elderly. Scammers often use fear tactics and impersonate authority figures to manipulate victims into parting with their money. Always verify the legitimacy of any request for funds or personal information, especially if it involves law enforcement agencies.
Efforts to Combat Financial Fraud
Law enforcement agencies like the FBI play a crucial role in investigating and prosecuting financial fraud schemes. Anyone with information on the whereabouts of Abdul Mohammed or other individuals involved in such scams should report it to the FBI promptly to prevent further victimization.
Possible Legal Ramifications
If convicted, Abdul Mohammed could potentially face up to 60 years in federal prison for his involvement in defrauding elderly individuals. This serves as a stark reminder of the serious consequences associated with financial scams and exploitation of vulnerable individuals.
Contact Information for Reporting
Zachary A. Myers, U.S. attorney for the federal court in Indianapolis, urges individuals with information on Abdul Mohammed’s whereabouts to contact the FBI at 317-595-4000 or FBI.gov/tips to assist in bringing those responsible to justice.
