SJPD Arrests Suspect for Elder Fraud

FOR IMMEDIATE RELEASE

 

On September 12, 2024, at approximately 8:00 AM, the San José Police Department received a report of an elder fraud. The elderly victim received a virus notification on his computer directing him to call a phone number. The person answering the phone directed the victim to mail over $1,000 to fix the issue.

San José Police Department’s Financial Crimes Fraud Detectives immediately began an investigation and were able to intercept the suspect, Liqun Fan, in possession of the package containing the money.

Suspect Fan was arrested and booked into Santa Clara County Main Jail for possession of stolen property.

Elder fraud cases have become increasingly common over recent years. The San Jose Police Department Financial Crimes Unit would like to remind everyone to take precautions to avoid becoming a victim of a financial scam. 

Four Signs It’s A Scam:

• Scammers pretend to be from a known organization
• Scammers say there’s a problem or a prize
• Scammers pressure you to act immediately
• Scammers tell you to pay in a specific way

 

Payment Methods For Scams:

• Gift Cards
• Cash by Mail
• Cash by Hand Delivery
• Cryptocurrency ATM
• Wire Transfer to Unrelated Party

 

How To Avoid A Scam:

• Block unsolicited communications
• Don’t give personal or financial information
• Resist pressure to act immediately
• Know scammer payment methods
• Stop and talk to a trusted person, such as law enforcement

 

To learn more about financial crimes or about the SJPD Financial Crimes Unit, please call 408-277-4521 or visit our website.

Submit crime tips and remain anonymous by using the P3TIPS mobile app, calling the tip line at (408) 947-STOP, or on www.siliconvalleycrimestoppers.org. If the information you submit leads to an arrest, you are eligible for a cash reward from the Silicon Valley Crime Stoppers Program.