Audio Transcript

Mollie Halpern: The FBI took part in a global, coordinated effort to hold accountable those who take advantage of the country’s seniors through financial fraud.

The Department of Justice says the effort resulted in criminal, civil, or forfeiture action against more than 250 people.

These individuals allegedly bilked more than a half-billion dollars from more than a million Americans—most of whom were elderly.

Elder fraud abuse is a growing threat, in part because of increased access to victims through technology and the aging of the wealthy Baby Boomer generation.

FBI Acting Deputy Director David Bowdich says the Bureau…