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Month: July 2022

3 men plead guilty to defrauding seniors out of more than $350,000 in ‘Grandparent Scam,’ officials say

By Amy Simonson, CNN Three men pleaded guilty to defrauding 14 Rhode Island seniors out of more than $350,000 in what authorities described Tuesday as a “Grandparent Scam.” “Few things are more frightening than thinking a family member is in trouble,” U.S. Attorney Zachary A. Cunha said in a news release. “These defendants exploited that

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Sri Lanka is ‘bankrupt,’ Prime Minister says

By Iqbal Athas, Chris Liakos, Rhea Mogul and Daniela Gonzalez-Roman CNN Sri Lanka is “bankrupt,” Prime Minister Ranil Wickremesinghe said Tuesday, as the country suffers its worst financial crisis in decades, leaving millions struggling to buy food, medicine and fuel. Wickremesinghe told lawmakers that negotiations with the International Monetary Fund (IMF) to revive the country’s

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