Elder Scam

⏱ 2 min read

Danxiu Wang, a Chinese national living in California, has pleaded guilty to participating in an international fraud and money laundering scheme that targeted elderly individuals in California and elsewhere in the US. The scam, which began in May 2025, tricked more than 40 victims out of over $1.2 million. Wang and her co-conspirators used various tactics, including technical support scams, refund scams, and bank impersonation scams, to deceive their victims.

Wang’s role in the scheme involved meeting victims in-person to collect the fraudulent funds. She would then keep a percentage of the proceeds before passing the remainder on to other members of the conspiracy. The FBI investigated the case, which has led to Wang’s guilty plea and upcoming sentencing.

Wang is scheduled to be sentenced on June 15, 2026, at 10 a.m. before U.S. District Judge Linda Lopez. The FBI is urging victims of financial fraud, particularly those 60 or older, to report incidents to the National Elder Fraud Hotline or their local law enforcement agency.

The case highlights the importance of vigilance and awareness in preventing elder fraud. The FBI and other law enforcement agencies are working to combat these types of scams and bring perpetrators to justice. If you or someone you know has been a victim of financial fraud, help is available through the National Elder Fraud Hotline at 1-833-FRAUD-11.