Eye on New Mexico: Billion dollar scamming industry
April 28, 2019 07:44 PM
ALBUQUERQUE, N.M. — On this week's edition of Eye on New Mexico, Colton Shone discussed scamming New Mexico. Fraudulently taking people's money is a billion dollar industry, and it's hitting New Mexicans hard.
According to a new study put out by Comparitech, there's an estimated 5 million cases of elder fraud every year, with losses topping $27 billion. In New Mexico alone, there's an estimated 34,130 cases, losing a projected $143 million.
Featured on this show is Cholla Khoury, attorney with the New Mexico Attorney General's Office.
Watch the full episode above.
Created: April 28, 2019 07:44 PM
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