A Florida man is behind bars for allegedly scamming a 74-year-old woman from Texas into giving him $250,000 by pretending to be Elon Musk, reports Business Insider.
Police in Bradenton said that 56-year-old Jeffrey Arthur Moynihan, Jr. was behind the alleged scheme.
He reportedly made a fake Facebook profile of Musk and convinced the woman to invest the large sum of money in
“Musk’s businesses.”
Moynihan allegedly told the victim that she could make $55 million by partnering with him. Authorities say she sent him at least $250,000, but her husband claimed it might be as much as $600,000.
Moynihan was arrested on November 19 and charged with grand theft. He reportedly runs a painting and pressure-washing business in the Bradenton area. The investigation into the scam is still ongoing.
#Clique, what are your thoughts?