Author name: larryslaw

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Texan, 65, loses $500K life savings in elder scam

Like most of us, Hiep Nguyen regularly receives scam phone calls. Although he usually ignores these unexpected phone calls, one recent scammer had a convincing trap. After the caller ID identified the unknown caller as the Vietnamese Embassy, Nguyen picked up. The caller claimed that someone was perpetrating crimes, like money laundering, in his name, which meant he needed to rearrange his finances.

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