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Elder fraud case is as tragic as it is infuriating
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Maryland Advisor Charged With Draining Elderly Client of Retirement Savings The DOJ charged Eddy Blizzard with wire fraud and aggravated identity theft. The alleged crime caused the victim s house to go into foreclosure.
A Maryland-based financial advisor is facing federal charges for allegedly embezzling more than $1 million from a retiree client’s account, according to the Department of Justice.
The DOJ filed the complaint against Eddy Blizzard last week for wire fraud as well as a charge of aggravated identity theft. According to acting U.S. Attorney Jonathan F. Lenzner, Blizzard’s actions caused the unnamed victim’s house to go into foreclosure and the victim to owe taxes to the IRS. The elderly victim passed away last March.