News

Florida gypsies took $40 million in scam, prosecutor says

THE ASSOCIATED PRESS

August 20, 2011 - 12:55 pm

FORT LAUDERDALE, Fla. -- Prosecutors say a South Florida family of gypsies amassed $40 million in a fortune telling scam, warning victims if they didn't follow their advice, terrible things would happen to them or their loves ones.

Details spilled out in federal court Friday after eight people were arrested earlier this week.

Assistant U.S. Attorney Laurence Bardfeld said victims who were going through vulnerable phases in life forked over gave cash, gold coins and jewelry. The defendants promised victims they wouldn't spend the money, but then refused to return it.

The Sun Sentinel (http://lb.vg/gLR1E) reported one victim, a bestselling author, gave an estimated $20 million.

Authorities started investigating in 2007 after a victim complained about losing $3,000.

An attorney for one family member said the clan provided counseling for victims who had nowhere to turn.

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