NY Feds Charge Upstate "Investment Manager" Of Screwing Seniors Out Of $500K

In Rochester, New York, WHEC-TV Channel 10 reports:

• A man from Livonia is accused of bilking at least two elderly women out of nearly half a million dollars. So where did their life savings go? His name is Vincent Miller and he claims to be an investment manager but the FBI says he's a crook using elderly women to enrich himself financially. Miller, who lives in Livonia, is charged with wire fraud. Investigators say he told at least two elderly clients he was investing their money but instead took nearly half a million dollars of it and put it into his own bank account.

• The FBI says the scam came to light when the head of security at Miller's bank noticed suspicious activity in his account. Miller had been depositing large insurance checks payable to elderly widows and appeared to be using the money to cover personal expenses.

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• In speaking with the elderly women involved in this case, both told News 10NBC they didn't want to comment publicly because they're embarrassed they lost their money.

For more, see I-Team 10 investigates: Livonia man accused of bilking elderly women.

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