He was scammed, then taxed for it

October 22, 2024

⚠️ He was scammed, then taxed for it: A California man lost his life savings to scammers posing as the FTC. The fraudsters convinced him to move his money to a “secure account.” Huge mistake: He sent thousands in cash and gold through couriers and dipped into his retirement accounts, racking up over $30,000 in taxes. It’s one thing getting scammed, but it’s a double whammy to pay taxes on it.

Tags: California, money, retirement, scammers, scams, taxes

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