Federal prosecutors have charged hundreds of defendants from around the globe in connection with fraud schemes that largely targeted senior citizens and caused over $1 billion in losses, the Justice Department (DOJ) announced.
Speaking at the Elder Justice Summit in Florida on March 3, Attorney General William Barr said the enforcement actions are part of what the department calls the “largest coordinated sweep of elder fraud cases in history.” He said that more than 400 defendants charged in this year’s action far surpasses the 260 defendants charged in cases as part of last year’s sweep.
