Jeffrey Arthur Moynihan Jr., 56, was arrested Tuesday evening and charged with grand theft. (Bradenton Police Division)
A Florida man has been arrested after impersonating tech billionaire Elon Musk in a bid to rip-off an aged lady out of at the least 1 / 4 of one million {dollars}, in line with police.
Jeffrey Arthur Moynihan Jr. was arrested at his Bradenton house Tuesday evening and charged with grand theft.
Whereas reportedly working beneath the guise of the Tesla and SpaceX CEO, the 56-year-old businessman befriended the sufferer, a 74-year-old Texas resident, on Fb and commenced messaging her in 2023.
The sufferer was allegedly promised a $55 million return on funding. Her husband reportedly informed investigators that she was conned out of some $600,000 in whole.
JPMORGAN CHASE STARTS SUING CUSTOMERS WHO ALLEGEDLY STOLE FUNDS IN ATM GLITCH SCAM THAT WENT VIRAL
Jeffrey Moynihan, 56, of Bradenton, Fla., is accused of impersonating tech billionaire Elon Musk to defraud an aged lady out of at the least $250,000. (Bradenton Police Division)
Detective Jim Curulla of the Bradenton police was tipped off by authorities in Frisco, Texas, who have been investigating an incident wherein a lady had reportedly given a big sum of cash away to an entity posing because the tech billionaire, in line with a division spokesperson.
Almost half of that cash could possibly be traced again to banks in Bradenton, and the accounts have been decided to belong to Moynihan, the spokesperson continued.
REAL ESTATE SCAMS ARE ON THE RISE – HERE’S WHAT TO LOOK OUT FOR
Moynihan was arrested on grand theft prices Tuesday evening. (Bradenton Police Division)
“The victim felt like Elon really was her friend,” the spokesperson continued. “After ‘Elon’ built trust with her, he suggested she invest in his businesses. She made several transactions over a period of time.”
Data obtained by authorities present the sufferer transferred $250,000 to accounts belonging to Moynihan and his personal enterprise, Jeff’s Portray and Strain Washing LLC.
PERSON IN BEAR COSTUME ATTACKS LUXURY CARS IN INSURANCE SCAM, CALIFORNIA INSURERS SAY
Bodycam footage exhibits police approaching a shirtless Moynihan, informing him that he has a warrant out for his arrest. When he asks in regards to the nature of the costs – repeatedly inquiring, “Grand theft of what?” – officers inform him that he can be briefed by a detective.
When questioned, Moynihan stated the $250,000 he obtained was for a girlfriend with whom he had a strictly on-line relationship, in line with the division, leaving open the likelihood that Moynihan himself had been catfished and was a sufferer of a separate rip-off.
The investigation is ongoing, and authorities within the sufferer’s house state are working to find out the place the remainder of her cash went.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“The real Elon Musk was otherwise engaged with the most recent launch of SpaceX and is not under investigation by BPD,” Bradenton police stated in a press launch.
