Lottery & Prize Scam

A local woman fell victim to a lottery/sweepstakes scam in which she believed she had won $6 million but was asked to pay upfront fees to claim the prize. The scammer initially extracted $100 from her and attempted to obtain her bank account information before she contacted Publishers Clearing House and discovered the fraud. The segment highlights that legitimate lottery organizations never call winners or request payment upfront—winners are visited in person with flowers and balloons—and warns consumers about similar schemes that exploit hopes of winning large sums.

The Alabama Regional Council of Governments is hosting an educational event to help senior citizens protect themselves from online scams, which affect thousands of Alabama seniors annually. The event will feature presentations from the Huntsville Police Department, Better Business Bureau, and Alabama Securities Commission discussing current fraud schemes and practical prevention strategies, designed to be accessible to seniors regardless of their technology proficiency level.

This is a podcast introduction featuring Arun Rao, Deputy Assistant Attorney General for the DOJ's Consumer Protection Branch, discussing the growing sophistication of fraud schemes targeting consumers and elders. Rao explains how technological advances such as robocalls, text, email, and social media have enabled fraudsters to refine their tactics and target victims with greater precision. The discussion covers the DOJ's consumer protection work, cybercrime, elder fraud, and data privacy issues.

Senator Bob Casey led a Senate Aging Committee hearing on fraud targeting older Americans, during which the committee released its annual "Fighting Fraud" resource book. The hearing addressed multiple scam types affecting seniors including grandparent scams, investment fraud, government impostor schemes, lottery scams, and tech support scams, while noting that scammers have become increasingly sophisticated in their tactics over recent years. The committee discussed both fraud prevention strategies and how federal law enforcement agencies respond to fraud reports.

In 2023, nearly 1,000 Oklahomans aged 60 and older lost over $22 million to fraud, with scams targeting seniors increasing 15% in Oklahoma compared to 11% nationally. Tech support scams and sweepstakes prize frauds are among the most common schemes, with one Oklahoma couple nearly falling victim to a $500,000 sweepstakes scam before becoming suspicious of personal questions. The FBI emphasizes the importance of reporting scams without shame and advises seniors to be cautious about unsolicited contacts and requests for personal financial information.

This is an introductory webinar hosted by the Consumer Finance Protection Bureau on payments industry practices for combating elder financial exploitation. The session provides participants with access to slides, resources, and a discussion platform to explore strategies and tools for preventing elder financial abuse within the payments sector.

AARP Louisiana hosted an educational presentation titled "Unmasking Fraud" featuring nationally recognized fraud expert and former prosecutor Paul Greenwood to address senior fraud targeting older adults in Louisiana. The event emphasized that fraud against seniors impacts not only financial security but also causes lasting emotional and psychological harm, and provided practical strategies for protection. AARP directs people to its Fraud Watch Network resource for current scam information and personal data protection guidance.

AARP Louisiana hosted a fraud awareness townhall event featuring nationally recognized fraud expert and former prosecutor Paul Greenwood to educate seniors about scams targeting older adults. The event aimed to provide practical protection strategies and highlight how fraud impacts seniors beyond financial loss, including emotional and trust-related consequences. AARP encourages seniors to utilize resources like their FraudWatch Network to stay informed about emerging scams and safeguard personal information.

Halloween spending reached a record $12.2 billion last year, but experts warn consumers to beware of scams including fake sweepstakes texts and deceptive giveaways that trick people into sharing personal information. When purchasing costumes, consumers should buy from reputable retailers that verify products meet safety standards and are non-flammable, and should check tags for material listings to avoid allergen exposure, particularly latex allergies.

Cryptocurrency and other online scams targeting Americans aged 60 and older reached alarming levels, with the number of seniors defrauded of $100,000 or more tripling between 2020 and 2023. The FTC reported $1.9 billion in confirmed fraud losses for this age group in 2023, though estimates suggest the actual figure may reach $62 billion when accounting for unreported cases. Common scams include romance schemes, impersonation of family members or government agencies like Social Security, lottery schemes, and cryptocurrency investment fraud.