Victim of investment scam turns to crowdfunding to recover his life
Written by suleman
Conned out of $180,000, Charles Litten is hoping for support from caring people around the country.
Midlothian, VA - Charles Litten of Midlothian, Va., needs your help and he’s quickly running out of options.
Litten, 71, has COPD and other debilitating medical conditions. Over the past few years, he was scammed out of his entire life savings and is now in danger of losing his home as well as his ability to pay for food and the medication he needs to stay alive.
“This is still an ongoing investigation so I cannot reveal the name of the person who took advantage of me,” said Litten, who had to stop working in 2003 and was given 1-5 years to live at that time. “But I was scammed out of $180,000.
“My wife and I knew this couple who were living very well but neither of them worked. The husband claimed that he made his income through investments and convinced me to give him some money.”
Litten was conned into taking out an equity line on his home for investment purposes. “This man did not invest the money,” he said. “He kept it. Then he told me that he would pay me back at a rate of $1,400 a month until the entire debt was paid. But he only made five payments and then stopped.”
According to Litten, the man ran investment scams with people in and out of Virginia, and did not provide contact information other than an e-mail address. “I’m not sure how many other people he scammed,” Litten said, “but I have proof of at least three others.”
Living solely on his disability check, Litten has filed a lawsuit but has been advised that the chances of recovering any money are slim. He is turning to crowdfunding as a last resort.
He can be reached directly at
Contact Name: Charles Litten
Company Name: Charles Litten
Zip Code: 23112
Phone Number: 804-744-4072
Website URL: https://www.indiegogo.com/projects/save-a-family-life