FREMONT — Scammers claiming to be federal and state agents fleeced a man out of more than $2 million over a year after falsely telling him he was being investigated for money laundering and drug trafficking, authorities said.

No arrests have been announced in the case, which was reported to police Sept. 25.

Because the investigation is still ongoing, only some details about the case have been released.

Police said the victim is a 52-year-old man who is a “working medical professional” whose funds were in investment and bank accounts.

The man told police the scam began in April 2024 when he was contacted by telephone and text messages from people claiming to be investigators with the FBI, IRS and Medical Board of California. They accused him of being involved in money laundering and dru

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