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Senior Citizen in Southern California Loses Nearly $100K in Crypto Transfers

Summary by KTLA 5
A man accused of befriending an 89-year-old Ventura County resident and stealing more than $97,000 through dozens of cryptocurrency transactions has been arrested, authorities announced. The investigation began in November 2025 after the Ventura County Sheriff's Office Investigations Bureau received a report of financial theft involving an elderly victim. Investigators said the victim was introduced [...]

5 Articles

An 89-year-old retiree in Thousand Oaks lost over $97,000 in a cryptocurrency scam. (Illustrative image. [Shutterstock])

·New York, United States
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KTLA 5 broke the news in Los Angeles, United States on Monday, August 10, 2026.
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