7/3/2013 – Chinatown ‘Blessing Scams’ Target Elderly Women

Jul 03, 2013 No Comments by

In Chinatowns around the country — in San Francisco, Boston, Chicago, New York — a peculiar financial scam is targeting elderly Chinese women.

This so-called “blessing scam” isn’t much of a blessing. By asking lots of personal questions, the scammers convince their targets that they face terrible tragedy that they can only avoid if they place their valuables in a bag — and then pray over it. Usually, the victims place their jewelry and money in a bag that the thieves swap out for an identical one.

Read the full article at National Public Radio (NPR).

financial security 2013, Longevity News 2013

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