Florida conman who claimed he was billionaire Elon Musk stole $600,000 from an elderly woman whom he promised millions in return, according to police

Jeffrey Moynihan, 55, impersonated the world’s richest man and struck up a friendship with a 74-year-old woman from Texas on Facebook

The pair exchanged messages for months in 2023, then he convinced her to send over $600,000 as an investment in what he claimed were Musk’s businesses

He promised to deliver $56 million in return – that promise never materialized

Jeffrey Moynihan [photo], is accused of claiming he was billionaire, then stole $600,000 from an elderly woman whom he promised millions in return. He pled no contest to charges against him on Thursday

A Florida conman who claimed he was billionaire Elon Musk bilked over half a million dollars from an elderly woman whom he promised millions in return, according to police.
Jeffrey Moynihan Jr., impersonated the world’s richest man and struck up a friendship with a 74-year-old woman from Texas on Facebook, cops in Bradenton said.
After the pair exchanged messages for months in 2023, he convinced her to fork over $600,000 as an investment in what he claimed were Musk’s businesses, promising $56 million in return.

Jeffrey Moynihan, impersonated the world’s richest man, Elon Musk, [photo], when he struck up a friendship with a 74-year-old woman from Texas on Facebook, he then bilked her of $56 million in return

Moynihan, 55, was arrested in November 2024, by the Bradenton Police Department for allegedly defrauding a woman in Frisco, Texas, while pretending to be Elon Musk
Moynihan is accused of targeting the victim through Facebook where he acted as Elon Musk to get her to send him at least $250,000 in investments that he claimed could give her a return of $55 million
The woman’s husband told police the sum is likely much higher, nearly $600,000, which was transferred into the Moynihan’s business accounts, Jeff’s Painting and Pressure Washing, LLC
The pot-bellied fraudster was arrested, shirtless, at his home in Bradenton last year after the victim’s husband reported the crime to police.
Florida’s Senior Friendship Centers said this is a classic case of elder fraud that they are working to warn older folks about.

Fraudster Jeffery Moynihan, [photo], was arrested shirtless, for elder fraud, at his home in Bradenton in November, 2024, after the woman’s husband reported the crime to police

“A lot of times, people that are older may not have such a large social group,” a spokesperson said. 
“And if you’re home alone, you know, for a day or two or whatever, and someone calls you or sends an email, and it’s a very friendly email, it can really trick people,” they added.