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Immigrant Parents Scammed Out of Life Savings; Avoidable, Son Learned

His elderly, Chinese immigrant father got a text from an unknown number. It was an investment opportunity that scammed his parents' life savings.

Senior Asian couple scammed out of millions, donations sought to save home

Eric Jiang, a 29-year-old entrepreneur, is seeking donations to help save his elderly parents’ home after they had fallen victim to an online investment scam. About the scam: In an interview with NextShark, Jiang shared that his 78-year-old father, Amos, and 73-year-old mother, Yan, fell into what is now being investigated as a nationwide scam that targets victims for high-level investments in an allegedly fictitious company called "UpUp Fashion" in New York City. What happened: According to Jiang, the scammers initially contacted his father on Aug. 3, claiming that a friend had suggested him as a potential tour guide or advisor on living in the U.S. Despite Amos' initial denial, they allegedly continued trying to befriend him, leading to conversations on WeChat and Line.

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