Maryland woman met a man, moved into his home and vowed to invest his $400K — then blew it on casinos and a $55K car

In a recent case, 72-year-old Janey Sears from Maryland received a 20-year sentence for scamming a man out of over $400,000. The victim met Sears on a dating app in 2019 and moved in with her shortly after. Sears allegedly convinced the victim to give her money under the guise of investment, when in reality the money was being used for her personal gain.

She used fake credentials to gain the victim's trust and convinced him to take out a home equity line of credit, which she encouraged him to borrow against. The judge found her guilty of theft scheme, securities fraud, and misappropriation of funds by a fiduciary.