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firststateupdate.com
· 2025-12-08
A New York man pleaded guilty to federal wire fraud conspiracy charges for his role in a nationwide elder fraud scheme that defrauded victims of over $2.1 million between May 2023 and May 2024. The scheme involved posing as federal agents to convince elderly victims that their identities were compromised, then instructing them to liquidate savings and convert funds into cash or gold bars, which the conspirators collected in person. Rakeshkumar Patel, 36, was arrested near Millsboro, Delaware in May 2024 and faces more than five years in federal prison upon sentencing.
kcbx.org
· 2025-12-08
Investment advisor Julie Anne Darrah of Santa Maria was sentenced to over 10 years in federal prison for embezzling approximately $2.25 million from elderly clients between 2016 and 2023. Darrah secretly transferred client assets into accounts she controlled and spent the funds on properties, luxury cars, and personal expenses, leaving some victims unable to afford end-of-life care and causing significant financial crisis. She pleaded guilty to wire fraud in March 2023 after the SEC filed a civil complaint, and her employer also suffered losses exceeding $5 million.
ilkleygazette.co.uk
· 2025-12-08
An online scam circulating in Ilkley, England targeted elderly residents through fraudulent emails and Facebook messages impersonating friends, requesting Apple Pay vouchers supposedly for a hospitalized daughter. Victims lost £400 each, with West Yorkshire Police urging residents to alert elderly neighbors and report incidents.
yourvalley.net
· 2025-12-08
Benevilla hosted a free "Fraud Prevention for Seniors" workshop led by Dan Pressler of NeighborCare on June 5 in Sun City, designed to help older adults recognize and avoid common scams targeting them. The session provided practical guidance on spotting red flags in financial and phone scams, protecting personal and financial information, and taking steps if fraudulent activity is suspected.
pennwatch.org
· 2025-12-08
The Pennsylvania Department of Banking and Securities is conducting educational outreach events throughout June 2024 to help seniors, service providers, and the general public recognize and avoid scams, fraud, and identity theft. The programs include interactive presentations such as "Fraud BINGO," "$camJam" (featuring law enforcement and state agency experts), senior expos, and sessions on common scam tactics, offered at various locations across Pennsylvania at no cost to attendees.
dailyhodl.com
· 2025-12-08
Scammers targeting senior citizens on Long Island impersonated banks to convince victims their accounts were compromised, then fraudulently obtained their debit and credit cards and PINs before stealing money from ATMs. Suffolk County police advised seniors to avoid answering unknown calls, never provide personal information or PINs to callers, and to independently verify any account security claims by calling the number on the back of their card.
wsoctv.com
· 2025-12-08
Social engineering and AI-powered fraud are among the top cybersecurity threats of 2025, with scammers now using deepfakes, hyper-personalized phishing, and AI automation to make deception more convincing and targeted than ever. Adults aged 60 and older reported the highest losses in 2024 at over $4.8 billion (up 43% from 2023), with phishing/spoofing and tech support scams hitting this demographic hardest, while investment fraud alone caused $6.57 billion in losses and cryptocurrency fraud reached $9.3 billion. To protect against these evolving threats, individuals and organizations should employ straightforward defense strategies including
wgauradio.com
· 2025-12-08
Social engineering and AI-powered fraud are recognized as major cybersecurity threats in 2025, with scammers increasingly using deepfakes, hyper-personalized phishing, and automation to deceive victims at scale. Adults 60 and older reported the highest losses in 2024 at over $4.8 billion (up 43% from 2023), particularly falling victim to phishing/spoofing and tech support scams, while investment fraud caused $6.57 billion and cryptocurrency fraud reached $9.3 billion in total losses. The article emphasizes that while classic scam methods like phishing and business email compromise remain dominant, AI technology is making
bernama.com
· 2025-12-08
A 75-year-old company director in Perak, Malaysia lost over RM1.47 million in an online trading scam that began in April when he received a call from an unidentified woman offering him a partnership opportunity. The victim was persuaded to download an app called SHV Shop and was promised 30% commissions on purchases, but deposited funds across six different bank accounts from April to May without receiving any returns. The case is under investigation for fraud under Section 420 of the Penal Code.
bangaloremirror.indiatimes.com
· 2025-12-08
A senior citizen in Bengaluru lost Rs 4.7 crore to scammers who impersonated bank officials, government agencies, and judiciary members in a "digital arrest" fraud scheme spanning two months. The fraudsters used psychological manipulation, fear tactics, and fake WhatsApp video calls to convince the victim they were under investigation for money laundering and could not contact family or leave home. This marks the third similar case reported in the city within one week, highlighting gaps in awareness initiatives despite efforts by police and banks to educate the public about such scams.
patch.com
· 2025-12-08
Alameda County's Adult and Aging Services is hosting a "Scam Jam" event on June 16th to help older adults protect themselves against increasingly sophisticated digital scams targeting seniors. The free community event at the San Leandro Senior Community Center will feature expert presenters from state agencies, consumer protection organizations, and high school students whose family members were scam victims. Older adults 60 and over can register via QR code or by calling (510) 577-3463 to learn how to recognize and prevent elder fraud.
pa.gov
· 2025-12-08
The Pennsylvania Department of Banking and Securities is hosting multiple free educational events throughout June 2024 aimed at seniors, service providers, and the general public to help them avoid scams, detect fraud, and prevent identity theft. Events include interactive presentations such as "Fraud BINGO" and "$camJam" held at senior centers and community locations across Pennsylvania, with Pennsylvanians encouraged to report scams via 1-866-PACOMPLAINT or pa.gov/consumer.
straitstimes.com
· 2025-12-08
Singapore has developed Meralion, a locally-trained AI model capable of understanding English, Mandarin, Tamil, Malay, Thai, and Singlish, to check in on elderly patients and intercept scam calls. The AI can analyze emotional cues, medication reminders, and well-being concerns among seniors while flagging urgent cases to social workers, and can identify suspicious calls at anti-scam centers. The $70 million initiative, funded by the National Research Foundation and IMDA, addresses gaps in existing AI systems that struggle with regional languages and local communication styles.
straitstimes.com
· 2025-12-08
Singapore has developed Meralion, an AI model trained to understand English, multiple regional languages, and Singlish, which can be deployed to check on elderly seniors' well-being and intercept scam calls at anti-fraud centers. The AI can analyze emotional cues in speech, remind seniors to take medication, flag urgent health concerns to social workers, and has been funded by a $70 million national initiative to create regionally-tailored language models. Talks are underway with social service agencies to deploy the chatbot for eldercare purposes.
atmorenews.com
· 2025-12-08
The Atmore Police Department issued a reminder that financial fraud occurs every 15 seconds in the United States, with scammers using personal information obtained through phishing, mail, and social connections to deceive victims of all ages. The department is offering a Senior Citizen Financial Fraud PowerPoint presentation to community groups, civic organizations, and churches that provides prevention tools, best practices, and guidance for fraud victims. Interested organizations can contact Sgt. Darrell McMann to schedule the presentation.
pillsburylaw.com
· 2025-12-08
A reconciliation bill aims to introduce a new tax deduction to help senior citizens, but conflicting provisions would eliminate Section 165(h)(5), an important tax relief for scam victims. Tax partner Larry Sannicandro warns this is problematic given the rising number of financial scams targeting seniors aged 65 and older, where concentrated wealth makes them vulnerable targets. The bill creates an inconsistency by offering seniors a benefit on one level while simultaneously limiting tax relief protections for those who have already fallen victim to fraud.
cleveland19.com
· 2025-12-08
Olmsted Falls Police are warning residents about an increasingly sophisticated scam targeting senior citizens in which fraudsters pose as celebrities or their family members to obtain personal information, bank details, or money. In one case, a scammer claimed to be Johnny Carson's son and told a resident they had won a large cash prize, then later called back impersonating police to pressure the victim further. Police advise residents to hang up and not respond immediately to suspicious calls, texts, or emails, and note that scammers are using spoofed phone numbers to appear as legitimate callers.
kclyradio.com
· 2025-12-08
Kansas state agencies—the Department of Insurance, Department for Children and Families, and Department for Aging and Disability Services—are partnering to host World Elder Abuse Awareness Day events from June 9–13 and June 20, 2025, featuring presentations on recognizing and preventing financial scams targeting older adults. The initiative aims to educate Kansas communities about elder exploitation, with resources available through multiple state agencies and hotlines for reporting suspected investment fraud.
plansponsor.com
· 2025-12-08
In 2023, U.S. financial fraud losses reached $10 billion (up 14% from 2022), with investment scams accounting for $4.6 billion of that total and representing the fastest-growing fraud category at 21% year-over-year growth. The article provides plan sponsors and participants with resources and tools to identify vulnerable individuals, detect cognitive decline, and report financial fraud to protect retirement plan assets.
patriotledger.com
· 2025-12-08
Tom Clasby, former head of Quincy's Elder Services Department, is expected to reach a plea deal in September for embezzling over $120,000 in cash and goods from the department he oversaw from 1997 to 2024. Clasby used various schemes to steal the money, including funneling city funds through a friend's consulting company and stealing cash receipts from the senior center, spending embezzled funds on personal items such as steak tips, a self-portrait, and music recordings. He was arrested in January and fired by Mayor Tom Koch in May 2024 after decades of friendship.
foxbusiness.com
· 2025-12-08
Retail return fraud cost retailers approximately $101 billion of the $743 billion in total returns in 2023, with scams including "wardrobing" (returning used clothing), empty box schemes, and "bricking" (removing key components from electronics before return). Retailers face the challenge of implementing fraud detection systems while maintaining lenient return policies that influence purchasing decisions, particularly among younger consumers. Companies are increasingly investing in data analytics and end-to-end return management systems to identify suspicious patterns and verify item condition before processing refunds.
lsj.com.au
· 2025-12-08
Transnational organized crime groups operating "scam factories" in Southeast Asian countries (Philippines, Myanmar, Cambodia) force trafficked workers into sophisticated multilingual fraud operations targeting international victims. Between January 2024 and February 2025, Australia lost $384.2 million to scams, with investment scams causing the largest losses ($225.7 million), while over 300,000 people are estimated to be forced laborers in scam operations across the Mekong region, generating approximately $43.8 billion annually for criminal enterprises. These operations employ advanced technologies including deepfakes and AI language models to impersonate authority figures and craft convincing fraud scripts.
cointelegraph.com
· 2025-12-08
Seniors are increasingly targeted in cryptocurrency scams because scammers view them as wealthy, trusting, and less technologically savvy, exploiting the irreversible nature of crypto transactions and victims' reluctance to report fraud. The FTC reports growing losses from crypto investment fraud, romance scams, and government impersonation, with seniors in Beaufort County, South Carolina alone losing over $3.1 million in 2024, while sophisticated schemes using AI voice cloning and fake websites are becoming more prevalent. Examples include British pensioners losing hundreds of thousands to romance fraud operations in Cambodia, Minnesota crypto ATM scams that cost over $189 million in 2023, and government impersonation
yahoo.com
· 2025-12-08
Brian Ketchum, an 82-year-old retired engineer, lost at least $45,000 over three years to a romance scam on the Dream Singles website, communicating with fake profiles including a woman named "Vasilisa." His children discovered the scam but were unable to stop their father from continuing to spend money, fearing loss of the fantasy companionship, until his death. Americans 60 and older lost at least $389 million to romance scams in 2024 alone, according to the FBI, with scammers increasingly using sophisticated tools like AI-generated photos and convincing messages to exploit emotionally and socially isolated elderly victims.
justice.gov
· 2025-12-08
Nadine Jazimne Wade, a 30-year-old Bronx resident, was sentenced to 63 months in prison for laundering over $2 million in proceeds from romance scams targeting elderly victims across the United States between 2016 and 2021. Scammers based in Nigeria and South Africa used fake identities to build romantic relationships with victims online, then convinced them to send money to bank accounts controlled by Wade, who rapidly moved the funds through cash withdrawals, vehicle purchases, and transfers to other scheme members. Wade was ordered to pay $1,772,618 in restitution and forfeit $2,261,791.
plansponsor.com
· 2025-12-08
This article presents resources and statistics on financial fraud affecting retirement plan participants. In 2023, nationwide financial fraud losses exceeded $10 billion (up 14% from 2022), with investment scams accounting for over $4.6 billion of those losses—the largest category. The piece curates tools and educational resources from government agencies and medical institutions to help plan sponsors and participants identify fraud vulnerabilities, recognize signs of cognitive decline, and report fraudulent activity.
hometownstations.com
· 2025-12-08
Ohio's older adults face significant financial exploitation risk, with projected losses exceeding $60 million in 2025 and complaints to the Division of Securities increasing 22% year-over-year (302 complaints in 2024 versus 247 in 2023). Common scams targeting seniors include romance schemes, tech support impersonations, and grandparent scams, with warning signs including unexplained withdrawals, changes in banking practices, and unpaid bills. The Ohio Department of Commerce and Department of Aging are partnering during Elder Abuse Awareness Month to educate the public on recognizing exploitation and providing resources for reporting, including hotlines for securities fraud, adult protective services, an
newscentermaine.com
· 2025-12-08
Maine's Senate unanimously approved LD 1445, a bill enabling banks and credit unions to delay transactions for customers age 65 and older when financial exploitation is suspected, while notifying the customer and the state Attorney General. The legislation, sponsored by Sen. Anne Carney, allows elders to designate a "trusted contact," defines financial exploitation in state law, and permits financial institutions to share records with law enforcement—measures supported by the Maine Bankers Association and AARP Maine in response to rising scams targeting older adults.
states.aarp.org
· 2025-12-08
Nearly 7,500 AARP members and New Yorkers delivered letters to state legislative leaders urging support for bills (S.6379 and A.7019) to protect older adults from financial exploitation, following an FBI report showing scams targeting New Yorkers age 60+ resulted in over $257 million in losses from more than 6,200 victims in 2024—a significant increase from $203 million in 2023. The proposed legislation would require bank employees to identify signs of financial exploitation, place holds on suspicious transactions, and refer cases to law enforcement. AARP is calling on lawmakers to pass this measure before the 2025 legislative session ends in June
cbc.ca
· 2025-12-08
North Vancouver RCMP reported a spike in fraud targeting seniors, including an incident on May 15, 2025, where an older woman lost $23,000 after being contacted by someone impersonating a bank fraud investigator who later visited her home to collect her cards; eight similar frauds have been reported in the area, with suspects potentially operating throughout the Lower Mainland. The RCMP advises seniors to avoid sharing personal information, verify the legitimacy of organizations before engaging with them, recognize spoofing tactics, and report suspicious contacts to police immediately.
yahoo.com
· 2025-12-08
San Diego seniors lost $108 million to elder fraud scams, according to reporting from KGTV San Diego. The article highlights the significant financial impact and emotional toll these scams have on older adults in the region. Specific details about the types of scams involved or number of victims affected are not provided in the headline and excerpt available.
okcfox.com
· 2025-12-08
This editorial discusses the evolution and pervasiveness of fraud from ancient times to 2024, noting that the FBI received 859,532 online crime complaints in 2024 with losses exceeding $16 billion—a 33% increase from the prior year. The article highlights emerging threats including cryptocurrency fraud ($24.2 billion in illicit transfers in 2023), AI-powered deepfakes (which surged 1,740% in North America between 2022-2023, with one incident targeting a Hong Kong firm for $25 million), and voice-cloning scams targeting individuals through fake calls from loved ones. Williams emphasizes that fraud affects all demographics—not just the
etnownews.com
· 2025-12-08
This article outlines ten common fraud schemes targeting Indian consumers, including phishing impersonations of banks and government agencies, Ponzi schemes promising unrealistic returns, fake law enforcement extortion, fraudulent work-from-home jobs, UPI PIN theft, ATM skimming, predatory loan apps, pump-and-dump stock schemes, romance scams targeting vulnerable individuals, and fake parcel delivery scams. The piece emphasizes that fraudsters exploit trust through multiple channels (email, SMS, calls, apps) and advises victims to verify legitimacy through official channels, avoid sharing sensitive information like OTPs and UPI PINs, use only RBI-registered financial services, and report suspicious
bankingjournal.aba.com
· 2025-12-08
According to a Federal Reserve survey on U.S. household economic well-being, more than one in five adults experienced financial fraud or scams in 2024, with older adults (ages 45+) significantly more vulnerable than younger individuals. Credit card fraud was the most common type of fraud at 17% of respondents, while non-credit-card fraud affected 8% of adults and resulted in an estimated $84 billion in losses, with roughly one-third of victims unable to recover their money.
ctvnews.ca
· 2025-12-08
I appreciate you providing this content, but I should clarify: these appear to be three unrelated news headlines, and none of them relate to elder fraud, scams, elder abuse, or financial exploitation of seniors.
The Elderus database summarizer is designed to process articles specifically about:
- Scams targeting older adults
- Financial fraud or exploitation
- Elder abuse
- Fraudulent schemes or cons
The headlines you've shared cover homelessness/addiction policy, historical architecture, and nuclear safety—topics outside the scope of elder fraud documentation.
If you have an article about elder fraud, scams, or elder abuse that you'd like summarized, please share that, and I'd be happy to help
10news.com
· 2025-12-08
Seniors in San Diego County lost at least $108 million to elder fraud scams in 2024, with over 1,300 victims over age 60 reporting an average loss of $80,000 each. The FBI reports sophisticated scams—often originating from overseas criminals in India—typically involve fake tech support or overpayment schemes where couriers are dispatched to collect cash from victims' homes, with the money laundered internationally. In response, San Diego created the Elder Justice Task Force, a first-of-its-kind multi-agency collaboration combining local law enforcement, the FBI, social workers, and Adult Protective Services to combat the crime.
uk.news.yahoo.com
· 2025-12-08
Between April 2022 and March 2025, online dating scams defrauded UK victims of over £271 million across 21,976 reported cases, with Lancashire residents losing £4 million across 554 incidents (average £7,281 per victim). Women and transgender individuals suffered disproportionately higher average losses (£16,370 and £27,234 respectively), and some victims lost as much as £500,000 or more to scammers posing as romantic interests. Reports to Action Fraud increased 17% in 2024/25 to 8,122 cases, reflecting a concerning rise in this type of fraud targeting increasingly older
moneysense.ca
· 2025-12-08
Relationship fraud and romance scams are increasing in Canada, typically beginning when scammers contact victims on social media, dating apps, or email, then gradually build trust over months before requesting money or promoting fraudulent investment schemes, often involving cryptocurrency. Victims suffer not only financial losses but also emotional trauma from the betrayal, and scammers may use harvested personal information for identity theft. Key warning signs include pressure and urgency in requests, and protection strategies include verifying requests with trusted individuals and being cautious of AI-generated personas.
bbc.com
· 2025-12-08
Gavin Butters, 27, was sentenced to two years and nine months in prison for courier fraud targeting elderly people across eight UK areas, stealing over £50,000. Butters impersonated police officers and bank investigators in phone calls, convincing victims to hand over cash, bank cards, and jewellery, then collected the items in person; in one case, he used a victim's three bank cards to purchase £5,896 worth of iPhones.
tucson.com
· 2025-12-08
Financial scams targeting seniors (age 60+) have increased significantly in the digital age, leading the U.S. Department of Justice's Elder Justice Initiative to educate older adults about common fraud schemes. The article describes four prevalent scams targeting seniors: Social Security Administration impostor scams (using caller ID spoofing to demand money be moved to gift cards), tech support scams (falsely claiming viruses exist and requesting remote device access to steal information), lottery scams (claiming winners owe fees until funds are depleted), and romance scams (using dating sites to manipulate victims into sending money).
massretirees.com
· 2025-12-08
halifax.ca
· 2025-12-08
Police responded to five reports in one week from seniors targeted by an advanced "grandparent scam" where fraudsters used artificial intelligence to clone family members' voices, claiming the victim's loved one was arrested and demanding bail payment via courier pickup. Authorities warn that law enforcement never collects bail money in person and advise victims to hang up immediately and not confirm personal or financial information when receiving such calls.
mycouriertribune.com
· 2025-12-08
This is an educational awareness piece by senior news writer Matilda Charles discussing phone scams targeting seniors. The article addresses the prevalence of scam calls and offers guidance on how to recognize and avoid falling victim to phone-based fraud schemes. The piece emphasizes the importance of seniors learning strategies to protect themselves from scammers who target their demographic.
patch.com
· 2025-12-08
**Event Type:** Educational Webinar
Melissa Negrin-Wiener and Ken Kern, Senior Partners at Cona Elder Law, are hosting a webinar for World Elder Abuse Awareness Day to educate seniors, caregivers, and families about protecting older adults from scams and financial exploitation. The session covers common scams targeting seniors (phishing, fake charities, grandparent schemes), warning signs of fraud, strategies to protect identity and assets, and steps to take if scammed, including reporting and accessing legal support.
dfpi.ca.gov
· 2025-12-08
This article announces a free educational event hosted by California legislators Sen. Monique Limón and Asm. Steve Bennett designed to help seniors protect themselves from fraud and scams. The event features representatives from the California Contractor's State License Board, Department of Financial Protection and Innovation, and Department of Insurance, with a live Q&A session, and takes place at the Museum of Ventura County in Ventura, California.
law.georgia.gov
· 2025-12-08
During May 2025's Older Americans Month, Georgia's Attorney General Consumer Protection Division reached over 1,300 seniors to educate them on recognizing, preventing, and reporting financial abuse and exploitation. The division highlighted common scams targeting older adults—including government imposter schemes, investment/cryptocurrency fraud, and romance scams—and provided resources such as their free "Georgia Consumer Protection Guide for Older Adults" (available in English, Spanish, and Korean) along with reporting contacts for suspected financial abuse.
newtondailynews.com
· 2025-12-08
Jasper County RSVP is offering a free scam prevention presentation for seniors on June 24, delivered by Aging Resources, to help participants stay informed about evolving fraud tactics. The event is open to RSVP members and all seniors in Jasper County, with registration available by calling 641-792-6433 or emailing Sarah Patterson.
midislandtimes.com
· 2025-12-08
Nassau County District Attorney Anne T. Donnelly and the Town of Oyster Bay partnered to host an educational seminar on June 9 aimed at protecting seniors from increasingly prevalent scams by teaching them to identify common fraud tactics, safeguard personal information, and report suspicious activities. The initiative recognizes that seniors face heightened vulnerability to scams due to limited familiarity with technology, loneliness, and other risk factors, and encourages attendees to share the information with family and friends.
toledocitypaper.com
· 2025-12-08
The Better Business Bureau of Northwest and West Central Ohio and Southeast Michigan operates ScamGuard, an educational program launched three years ago to protect seniors from increasingly sophisticated fraud schemes. The program warns older adults about common scams including telephone/tech support scams, gift card tampering, fake charities, grandparent scams, sweepstakes fraud, and online dating schemes, providing practical advice such as verifying unfamiliar callers, researching charities before donating, and never sending money to individuals met only online.
the420.in
· 2025-12-08
The Central Bureau of Investigation registered a corruption case against a senior audit officer in Raipur for allegedly accumulating ₹3.32 crore in assets disproportionate to his legitimate income between 2013 and 2025, with properties and valuables held in his name and those of his family members. The officer, posted at the Principal Accountant General's office, is accused of violating the Prevention of Corruption Act by deliberately concealing the sources of these acquisitions and using his position to manipulate audit oversight. CBI raids on his residential and official premises recovered documents and digital evidence suggesting illicit enrichment through criminal misconduct by a public servant.
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