Jeffrey Arthur Moynihan Jr., a Florida resident, was arrested on November 19, 2024, for allegedly posing as Elon Musk to defraud a 74-year-old woman of $250,000. The scam, which began in 2023, involved Moynihan contacting the victim via Facebook and using Musk’s public persona to gain her trust. He convinced the woman to invest in his “businesses,” funneling funds into his own accounts.
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After his arrest, Moynihan denied any involvement, despite evidence linking him to the fraudulent transactions. The case highlights the emotional manipulation used in scams targeting vulnerable individuals, particularly seniors, and emphasizes the need for caution in online interactions.
Moynihan faces grand theft charges, with significant legal consequences expected.