Mexican cartels have stolen over $300 million from American seniors in elaborate timeshare property scams
Money seized by the National Police during the dismantling of the Sinaloa Cartel.
Europa Press News/Getty Images
- Mexican cartels are exploiting timeshare scams, targeting older Americans for over $300 million.
- Cartels use call centers and cyber tactics in the elaborate fraud, the FBI says.
- Cartels often conduct "extensive research on their potential victims" before the scam, the FBI said.
It seems even Mexican drug cartels are cashing in on the day's most lucrative criminal enterprise: online scams.
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