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A Florida man named Jeffrey Arthur Moynihan Jr. was recently arrested for pretending to be Elon Musk and cheating an elderly woman out of hundreds of thousands of dollars. Moynihan was taken into custody at his home in Bradenton and charged with grand theft.

He managed to trick a 74-year-old woman from Texas by posing as the billionaire CEO of Tesla and SpaceX. The victim was lured in through Facebook messages and was convinced to invest $250,000 in what she thought was Elon Musk’s business. Unfortunately, she never saw the promised $55 million return on her investment.

Detective Jim Curulla from the Bradenton police got involved after authorities in Frisco, Texas, alerted him to a similar case. The victim’s husband revealed that his wife had lost a total of $600,000 to the scam. The police were able to trace almost half of the money back to accounts owned by Moynihan in Bradenton.

The victim genuinely believed that she was dealing with Elon Musk and felt a personal connection to him. She was regularly updated on his activities and recent news stories to establish trust. The scammer even convinced her to invest more money by claiming it was for Musk’s businesses.

When the police arrived at Moynihan’s home to arrest him, he seemed confused about the charges and claimed that the $250,000 was for an online girlfriend. This raised the possibility that Moynihan himself might have been a victim of a separate scam.

The investigation is still ongoing, and authorities are trying to recover the rest of the victim’s money. It’s important to note that the real Elon Musk had nothing to do with this incident and was focused on the recent SpaceX launch.

Scams like these are unfortunately common, especially when it comes to impersonating wealthy individuals like Elon Musk. It’s crucial to be cautious when investing money and to verify the identities of people you’re dealing with online. If something seems too good to be true, it probably is. Stay vigilant and protect yourself from falling victim to fraudsters.