Investor's Crypto DailyInvestor's Crypto Daily
Font ResizerAa
  • Home
  • Headlines
    • Financial Market News
    • Cryptocurrency News
    • Press Releases
    • My Bookmarks
  • Spotlight Stories
  • Crypto Stock Plays
    • Crypto ETFs, Trusts & Investment Funds
    • Crypto Adjacent Stocks
    • Crypto Futures (Settled in USD)
  • Step Into Crypto
    • Common Crypto Terms
    • Crypto Rules & Regulations
  • Economy
    • Economic News
    • Economic Calendar
  • Join Us
Reading: Alleged Scammers Drain $270,000+ From Michigan Senior in Fake FTC Email Scam
Share
Font ResizerAa
Investor's Crypto DailyInvestor's Crypto Daily
  • Home
  • Headlines
  • Spotlight Stories
  • Crypto Stock Plays
  • Step Into Crypto
  • Economy
  • Join Us
Search
  • Home
  • Headlines
    • Financial Market News
    • Cryptocurrency News
    • Press Releases
    • My Bookmarks
  • Spotlight Stories
  • Crypto Stock Plays
    • Crypto ETFs, Trusts & Investment Funds
    • Crypto Adjacent Stocks
    • Crypto Futures (Settled in USD)
  • Step Into Crypto
    • Common Crypto Terms
    • Crypto Rules & Regulations
  • Economy
    • Economic News
    • Economic Calendar
  • Join Us
Follow US
  • Advertise
© 2024 Investor's Crypto Daily. All Rights Reserved.
Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > Alleged Scammers Drain $270,000+ From Michigan Senior in Fake FTC Email Scam
Cryptocurrency News

Alleged Scammers Drain $270,000+ From Michigan Senior in Fake FTC Email Scam

Last updated: September 13, 2026 9:18 am
By Troy Nilock 3 Min Read
Share
SHARE

A Michigan senior has lost more than $270,000 from pension accounts after scammers posing as federal agents pushed her to buy gold and hand it over.

The 70-year-old Hazel Park resident got an unsolicited email that claimed to come from the Federal Trade Commission and falsely tied her to a vehicle with a dead body and drugs, reports CBS News.

Says Hazel Park Police Department Detective Chad Jackson,

“She received an email that said she had a warrant for her arrest. Claimed it was from the Federal Trade Commission. They said that there was a car found that had a dead body in it, and there was drugs involved, and her name was attached to it, and her information was in the vehicle.”

She contacted a supposed agent who told her to pay money and buy gold so she could wipe out the fabricated charges.

The caller warned her not to contact local authorities and said the funds would come back after a holding period.

Adds Jackson,

“They threatened her that she shouldn’t call the police locally because there is a warrant, so they would probably arrest her, and they could handle it separately outside of that. She was told that her money would be held for a period of time to clear her name and that they would return it back to her account. But her money never returned, so weeks later she contacted us.”

Further demands pushed her to liquidate both her pension and her late husband’s, for more than $270,000.

Investigators later used community Flock camera recordings to track 30-year-old Ranjeet Singh from Sacramento.

Authorities extradited the suspect to Michigan and arraigned him on two counts of false pretenses with a $300,000 bond.

Follow us on X @InvCryptoDaily

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

This post Alleged Scammers Drain $270,000+ From Michigan Senior in Fake FTC Email Scam may be modified as updates unfold.

Please note, this site provides content for entertainment purposes only and does not offer financial advice. Read more here

You May Also Like:

  • Home
  • Martha Stewart's Net Worth: An Overview of Her…
  • The FTC's antitrust lawsuit against Amazon is…

You Might Also Like

Mantle price increases 18% after Bybit 2.0 Roadmap and volume reaches $706 million

Is Ethereum Making A Comeback? Analyst Predicts New ATH for February

Price analysis of Raydium: Can this Uniswap rival surge up to $10?

Stanford graduates announce $28M Blockchain Builders Fund to incubate frontier web3 startups

Crypto Security Report – August Losses are Down, but the Total by 2024 Exceeds $1.2 Billion

Share This Article
Facebook Twitter Email Copy Link Print
Previous Article How will private credit and equity stocks react to Fed rate hikes?
Next Article Micron, Nvidia, AMD stocks at risk as Anthropic, OpenAI leads push to slow AI growth
Leave a comment

Click here to cancel reply.

Please Login to Comment.

Stay Connected

TwitterFollow
- Partnered Content -
Ad image

Latest News

JPMorgan Chase, Wells Fargo and Goldman Sachs Among 33 Listed Companies Blocking Tokenized Versions of Their Stock on a Crypto Exchange-Fronted Joint Venture
Cryptocurrency News
Bitcoin price crashes below $77,000 as Binance security scare sparks $1.5B wipeout
Cryptocurrency News
DTCC launches tokenization service with 20 banks including Citi and JPMorgan
Financial Market News
Binance Hack Fears Mount as $2.77B Moves Across Five Blockchains
Cryptocurrency News
//

We support the traditional finance investor’s journey into the cryptocurrency space, using education and traditional terms. Get involved in crypto directly or through adjacent stocks and funds. Time to get off the sidelines.

– Sponsored Spotlight –

Get Around

  • Home
  • Headline News
  • Spotlight Stories
    New
  • Economy
  • Step Into Crypto

Get Involved

  • Advertise With Us
  • Join Us
    Hot
  • My Bookmarks
  • Privacy Policy & Legal Disclaimer
  • Contact US
2024 Investor's Crypto Daily | InvestorsCryptoDaily.com | Privacy
Welcome Back!

Sign in to your account

Lost your password?