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in Robocall / Phone Scam
yesweekly.com
· 2025-12-08
An increasing wave of AI-generated celebrity romance scams has defrauded Americans of millions of dollars, with victims including a 73-year-old who lost over $100,000 to a fake Kevin Costner on Facebook and an elderly woman scammed by a deepfake Liam Neeson voice. According to FBI data, Americans reported $672 million in losses to romance and confidence scams in 2024 alone, with elderly victims averaging $83,000 per person, though many cases go unreported due to embarrassment. The article emphasizes that while scammers continue to evolve their tactics using new technology and platforms, vigilance and skepticism—particularly about uns
bakersfieldnow.com
· 2025-12-08
Bear Valley Police Department is investigating a surge in romance scams targeting residents, in which criminals create fake dating or social media profiles, build trust with victims, and then request money for fabricated emergencies, medical expenses, travel, or cryptocurrency investments using untraceable payment methods. The department advises victims to stop communication immediately, perform reverse image searches on profile pictures, search online for red flags, and consult trusted friends or family, while recommending residents never send money to online-only contacts and be suspicious of individuals who avoid meeting in person or rush to leave dating platforms.
azag.gov
· 2025-12-08
Arizona Attorney General Kris Mayes and the Better Business Bureau launched an educational campaign warning consumers about AI voice cloning scams, where fraudsters use synthesized voices to impersonate loved ones, celebrities, or officials to extort money or solicit fake donations. Common targets include grandparents receiving calls about grandchildren in distress and parents receiving calls about injured children needing bail money. The agencies recommend verifying unexpected emergency calls by hanging up and calling the person directly through a trusted number, establishing code words with loved ones, avoiding unknown callers, and refusing requests for gift card or app-based payments.
wealthsolutionsreport.com
· 2025-12-08
Ultra-high net worth (UHNW) individuals face increasingly sophisticated scams that exploit publicly available data, AI technology, and deep social engineering to target them with highly personalized fraud schemes. The article identifies seven major scam types affecting wealthy Americans: whaling (executive phishing), deepfake-driven impersonation and family emergency scams, synthetic identity fraud, tax and authority impersonation scams, and romance scams—each using tailored personal details and urgent requests to extract sensitive information, authorize fraudulent transfers, or manipulate victims into fake investments. Wealth managers and advisors are advised to educate clients on red flags including unusual communication changes, urgent financial requests from trusted sources, and demands
gillibrand.senate.gov
· 2025-12-08
New Yorkers lost over $540 million to fraud in 2024. Senator Kirsten Gillibrand introduced the Stop the Scammers Act to restore Consumer Financial Protection Bureau funding that was reduced by a Republican tax bill, and to authorize the CFPB to reward whistleblowers who report financial crimes and fraud targeting seniors.
ocalagazette.com
· 2025-12-08
An 82-year-old Ocala woman lost $7,300 in cryptocurrency and nearly lost $160,000 in cash converted to gold in a multi-stage scam involving a fake computer hack, fraudulent bank officer call, and an accomplice attempting to pick up the gold at her home—the plot was foiled by law enforcement and a gold exchange company alert, resulting in the arrest of Jiann Cao. Local agencies report approximately $1 million stolen monthly from elder fraud victims in Marion County, with common scams including tech support fraud, romance scams, and investment schemes; officials recommend verifying the authenticity of unsolicited communications and emphasize education and reporting as key prevention strategies.
oakdaleleader.com
· 2025-12-08
In 2023, fraud cost Americans an estimated $158.3 billion, with new federal initiatives like the National Elder Fraud Coordination Center launching to combat organized fraud schemes through investigation and prosecution. The article highlights three prevalent scams: fake travel websites that appear in search results, utility company impersonators threatening service shutoff, and increasingly sophisticated grandparent scams enhanced by AI technology that create false emergencies to pressure victims into sending money via gift cards, wire transfers, or cryptocurrency.
escalontimes.com
· 2025-12-08
**Fraud Overview & National Response:**
The Federal Trade Commission reported fraud theft reached $158.3 billion in 2023 ($434 million daily), prompting the creation of the National Elder Fraud Coordination Center to investigate and prosecute fraud criminals at scale.
**Common Summer Scams:**
Three prevalent scams target consumers: fake travel websites appearing in search results, utility company impersonators threatening service shutoff and demanding gift cards or wire transfers, and AI-enhanced grandparent scams using realistic voice manipulation to pressure victims into sending money for fabricated emergencies. Protection strategies include researching unfamiliar companies, contacting official numbers directly, and pausing before responding
trendmicro.com
· 2025-12-08
According to a July 2025 Trend Micro survey of over 1,000 Australians, two-thirds have been targeted by online scams and 27% have fallen victim, with nearly 30% of victims only discovering the fraud after significant financial loss or non-delivery of goods. Scammers increasingly use emotional, personalized social engineering on mobile platforms, exploiting the fact that 47% of Australians use no mobile security software despite spending 1-8+ hours daily on their phones. The research highlights that embarrassment prevents many victims from reporting scams, and recommends education, awareness, and mobile security software as critical protective measures.
financial-planning.com
· 2025-12-08
Pig butchering scams—which begin with casual text messages and evolve into romantic relationships—are rising in prevalence and causing significant financial harm. Scammers establish trust, often through romance and cryptocurrency investment promises, then direct victims to fraudulent trading platforms where they see initial gains but cannot withdraw funds due to fabricated fees; victims experience both financial loss and emotional trauma from the manufactured relationship. Financial advisors can help by monitoring for unusual withdrawal patterns and having nonjudgmental conversations with clients, while recognizing that many scammers themselves are human trafficking victims forced to operate from compounds in Southeast Asia run by organized crime networks.
wezl.iheart.com
· 2025-12-08
The Bobby Bones Show highlighted three technology-based scams currently circulating: fake social media accounts impersonating celebrities' family members to solicit private messages; fraudulent artist accounts offering to paint or create murals as a pretext to steal personal information; and text message scams claiming unpaid DMV tickets require immediate payment. The show advises listeners to avoid engaging with suspicious messages, delete suspicious accounts, and verify DMV communications by calling local DMV offices directly rather than clicking links in unsolicited texts.
kgun9.com
· 2025-12-08
Technical support scams disproportionately affect elderly victims, representing approximately 60% of cases in Pima County, Arizona. A 62-year-old Green Valley man lost $53,000 after responding to a fake Bank of America text directing him to withdraw funds and mail them to Florida; authorities recovered the full amount by intercepting the packages in New Mexico. The Pima County Sheriff's Department reports 260 tech support scams out of 550 total fraud cases this year and advises residents to avoid clicking unsolicited links, never provide banking information to callers, and hang up immediately on suspected scammers before verifying any request directly with their bank.
bobbybones.iheart.com
· 2025-12-08
The Bobby Bones Show highlighted three technology-based scams: fake social media accounts impersonating celebrity family members to initiate contact; fraudulent artist accounts offering to create portraits or murals as a pretext to steal personal information; and text message scams impersonating the Department of Motor Vehicles claiming unpaid tickets to pressure victims into payment. Listeners are advised to avoid engaging with unknown accounts claiming to be family members of public figures, delete suspicious artist solicitations immediately, and verify DMV communications by calling the local office directly rather than responding to unsolicited messages.
theregister.com
· 2025-12-08
A violent border clash between Thailand and Cambodia near an ancient temple was linked to cyber-scam slave camps operating in Cambodia, where an estimated 100,000+ people are forced to run romance and investment scams targeting primarily Chinese and other Asian citizens. Thailand's threat to cut off internet and electricity to disrupt these camps—which generate an estimated $12.5 billion annually and allegedly involve high-level Cambodian government officials—contributed to escalating tensions between the two nations. The camps are documented by Interpol and the UN as severe human rights violations, with workers enslaved and forced to perpetrate financial fraud.
gmtoday.com
· 2025-12-08
Vineyard Church in Grafton hosted a free community education event called Scam SINGO on August 8, designed to help older adults recognize and avoid common fraud schemes. The interactive bingo-style game combined music with learning about scam types including phishing, romance scams, and fake IRS calls, aiming to empower participants with fraud prevention knowledge.
ic3.gov
· 2025-12-08
The FBI warns of a scam variation where criminals send unsolicited packages with QR codes designed to trick recipients into revealing personal and financial information or downloading malicious software that steals phone data. This scheme evolved from traditional "brushing scams" used to boost product ratings online, and while not yet widespread, the public should avoid scanning QR codes from unknown origins and be wary of packages without sender information. Victims should monitor credit reports and report suspicious activity to the FBI's IC3 website, with seniors able to seek assistance through the DOJ Elder Justice Hotline.
irs.gov
· 2025-12-08
Roger Roger, a Costa Rica resident, was sentenced to over 15 years in prison for leading a telemarketing fraud scheme that stole more than $4 million from hundreds of U.S. victims, many of them elderly, by posing as government officials and convincing them they had won sweepstakes prizes requiring upfront payments. He was convicted of conspiracy to commit mail and wire fraud, wire fraud, conspiracy to commit international money laundering, and international money laundering, and was ordered to pay $3.3 million in restitution and forfeit $4.2 million.
uppermichiganssource.com
· 2025-12-08
Phone scams are circulating in Michigan's Upper Peninsula, including schemes where callers impersonate Michigan State Police to solicit money or personal information. MSP Lieutenant Ben Eckola advises residents not to provide financial or personal details over the phone and to be cautious of unsolicited calls requesting such information.
oag.ca.gov
· 2025-12-08
California's Attorney General issued a consumer alert during Military Consumer Month warning service members, veterans, and their families about targeted scams, noting that military consumers reported over 99,400 fraud complaints nationwide last year, including 44,587 imposter scams costing over $199 million. The alert identifies key fraud tactics targeting the military community—including charity scams using deceptive veteran-related names, predatory for-profit schools using high-pressure tactics, and home loan scams impersonating government agencies—and advises victims to verify charities through the Registry of Charitable Trusts and to pause before accepting offers that seem too good to be true.
wwltv.com
· 2025-12-08
Scammers in New Orleans are impersonating NOPD officers and court officials, calling residents and claiming they owe money for missed jury duty, then demanding payment or personal information for identity theft. The Orleans Parish Criminal District Court and NOPD warned that law enforcement never contact citizens this way and urged people to hang up and report such calls immediately. According to a cybersecurity expert, these scams are becoming increasingly sophisticated through AI and social media data, making it critical for people to recognize red flags like artificial urgency, pressure to keep calls secret, and unusual payment methods like gift cards or cryptocurrency.
unfilteredwithkiran.com
· 2025-12-08
Louisiana residents are warned of a summer surge in scams including vacation rental fraud, AI voice cloning impersonations, toll violation/DMV phishing texts, and jury duty scams. Scammers are using increasingly sophisticated tactics—from fake travel listings requiring upfront wire transfers to AI-generated voices claiming relatives are in emergencies—to steal identities and drain bank accounts. Authorities recommend victims verify requests through official channels, resist immediate action, and never provide personal information to unsolicited contacts.
finance.yahoo.com
· 2025-12-08
Social Security scams employ three primary tactics: fake remote job offers that request personal information and upfront fees, phishing emails impersonating the Social Security Administration to direct victims to fraudulent websites, and in-person schemes where imposters posing as government officials convince victims to provide cash or valuables. Recent cases include a victim who gave $2 million in gold bars to someone claiming to be a CIA agent and an Ohio woman who liquidated $500,000 in retirement savings to purchase gold for phone scammers. Protect yourself by avoiding unsolicited job offers and payment requests, verifying emails end in ".gov," and reporting suspicious activity to the Social Security Administration or Office of the Inspector General.
krebsonsecurity.com
· 2025-12-08
Fraudsters are operating a network of over 1,200 fake online gambling and wagering websites advertised on Discord and social media, using fake endorsements from celebrities like MrBeast and offering $2,500 free credits to lure victims. Once users attempt to cash out winnings, the sites demand cryptocurrency "verification deposits" (typically $100+) that are never returned, with all displayed winnings being fabricated. The scam network uses identical technical infrastructure, unique Bitcoin wallets per domain, and AI-assisted support to prevent withdrawals and block victims.
pewresearch.org
· 2025-12-08
Online scams and internet crimes reached a record $16.6 billion in losses reported to the FBI in 2024, with 73% of U.S. adults reporting they have experienced at least one type of online scam or attack. The most common scams involve fraudulent credit card charges (48%), counterfeit or undelivered online purchases (36%), and hacked personal accounts (29%), with a majority of Americans receiving scam communications via phone calls, emails, and text messages at least weekly. While older adults are perceived as more vulnerable, significant portions of both younger and older adults have been victimized, with Black, Hispanic, and Asian adults reporting higher rates of experiencing multiple types of frau
daijiworld.com
· 2025-12-08
A senior woman doctor in Gandhinagar was defrauded of over Rs 19 crore in a "digital arrest" scam lasting three months, where fraudsters posing as government officials (telecommunications, police, and prosecutors) used fake legal threats and constant surveillance to coerce her into liquidating assets and transferring money to multiple accounts. The scam involved forged ED documents and claims of FEMA/PMLA investigations, with the victim kept under constant contact via video calls and threatened with asset seizure. One suspect, Lalji Jayantibhai Baldaniya, was arrested, though investigations continue to identify other perpetrators and recover funds; authorities note this scam pattern is increasingly common
portal.ct.gov
· 2025-12-08
Attorney General William Tong warned servicemembers, veterans, and their families about scams that specifically target the military community, noting that the Federal Trade Commission reported nearly 100,000 fraud cases in 2024 costing over $580 million. The press release detailed common scams including payday loan schemes, benefits fraud targeting senior veterans, OTP bot scams, loan and credit card fraud, car sales scams, fraudulent use of Military OneSource branding, fake military charities, and job scams. The Attorney General urged military community members to remain vigilant and report suspected fraud immediately, emphasizing that scammers often appear legitimate and exploit detailed knowledge of military incomes and benefits.
northshorejournal.co
· 2025-12-08
The Senior LinkAge Line is offering a free virtual presentation on August 13, 2025, on health care fraud, waste, and abuse prevention, noting that scams targeting older adults are on the rise. The presentation, delivered via Zoom and informed by the Senior Medicare Patrol program, will cover fraud detection, prevention strategies, and reporting procedures to help seniors protect their personal information. Registration is available through Eventbrite or by calling 800.333.2433.
soycarmin.com
· 2025-12-08
This educational article identifies 11 common "silent scam" billing schemes targeting seniors, including deceptive free trials, fake magazine renewals, hidden medical alert fees, identity protection upsells, and difficult-to-cancel gym memberships. These subtle, recurring charges exploit seniors' trust and digital literacy gaps, accumulating significant financial losses over time despite individual charges being small. The article recommends protective measures such as carefully reading fine print, using virtual credit cards with spending limits, verifying billing sources directly, and scrutinizing contracts before purchase.
wellingtonadvertiser.com
· 2025-12-08
A Rockwood senior lost $24,500 after seeking help from an online chatbot for computer issues; the scammer gained remote access to the computer, then demanded payment to remove a fake virus and threatened to expose allegedly leaked personal information, with the victim eventually providing cash at a parking lot and gift cards over the phone. Police were alerted on July 28 after a family member became suspicious. The article warns of common scam indicators including unsolicited communications at odd hours, false urgency, poor grammar, and generic company names.
inkl.com
· 2025-12-08
Modern scams targeting older adults are increasingly sophisticated and personalized, exploiting seniors' trust, digital inexperience, fixed incomes, and desire to help family members. According to the FBI, older adults lost over $3 billion to scams in recent years, with many victims unaware they've been defrauded or too embarrassed to report it. The article identifies 10 warning signs including urgent demands for action, requests for untraceable payments (gift cards, wire transfers, cryptocurrency), instruction to keep the scam secret, too-good-to-be-true offers, callers claiming government authority, and requests for personal information confirmation.
fox43.com
· 2025-12-08
An elderly Adams County, Pennsylvania resident was targeted by an impersonation scam in which a caller claiming to be an FBI agent demanded $20,000, stating the resident's account had been compromised and arranging for an Uber driver to transport him to the bank. A vigilant bank teller recognized the scam and prevented the loss. Local police departments are increasing community awareness by reminding residents that government agencies never request cash via unsolicited phone calls and advising people to independently verify any such contact before responding.
gillibrand.senate.gov
· 2025-12-08
Senators Kirsten Gillibrand (D-NY) and Katie Britt (R-AL) introduced the GUARD Act, legislation designed to enhance law enforcement's ability to investigate cryptocurrency-facilitated fraud against seniors by providing federal grants for blockchain investigation resources and tools. According to the FBI, seniors lost over $4.8 billion to scammers in 2024, with cryptocurrency involved in over 30,000 fraud reports resulting in $2.84 billion in losses, particularly through "pig butchering" schemes that exploit victims into fake crypto investments. The bipartisan bill aims to strengthen federal-local law enforcement cooperation in tracking and prosecuting scammers who
yahoo.com
· 2025-12-08
Scammers in Connecticut are spoofing the Greater Norwalk Chamber of Commerce's phone number and impersonating organization representatives to solicit money from residents and businesses. The Chamber warned the public not to share personal information with callers and clarified that the organization does not solicit funds via unsolicited phone calls.
malwarebytes.com
· 2025-12-08
In May, a 67-year-old Ohio man was targeted by scammers who falsely claimed his Apple ID was compromised with $27,000 in fraudulent charges, then sent an accomplice to his home to collect cash in person; the victim handed over money before becoming suspicious, leading to the arrest of 42-year-old Liwei Zhang on charges of theft, identity fraud, and telecommunications fraud. Similar in-person collection scams have targeted multiple elderly victims across the country, with perpetrators like Canadian citizen Jia Hua Liu collecting over $300,000 from vulnerable seniors. The article advises victims to verify suspicious texts independently using official phone numbers, never send money
cbsnews.com
· 2025-12-08
Collin County, Texas is experiencing a surge in fake jury duty scams where criminals contact residents by phone or mail, threatening arrest and demanding payment to avoid legal consequences. Sheriff Jim Skinner's newly formed cyber crimes unit has executed 800 search warrants and recovered $1.5 million in recent months, with scammers increasingly using cryptocurrency ATMs to collect payments and targeting vulnerable elderly residents. The sheriff's office is launching a public awareness campaign urging residents to recognize that law enforcement will never demand money by phone and encouraging convenience store owners to monitor suspicious transactions.
legaltalknetwork.com
· 2025-12-08
This is an educational podcast episode featuring cybersecurity expert Steve Weisman discussing scam prevention and identification strategies. The episode covers various scam types (including VA imposter and "free piano" scams), the role of AI in modern fraud schemes, and protective measures such as a "zero trust" verification approach where all transactions—particularly checks—must be independently confirmed before trusting them.
newschannel6now.com
· 2025-12-08
**Summary:**
AI-powered tools have enabled scammers to automate and personalize attacks at scale, making fraudulent calls, emails, and text messages more convincing and widespread than ever. AI researcher Thomas Fellows recommends establishing safety phrases and code words with family members to verify identity and prevent impersonation scams, and advises victims to contact police rather than attempting to handle scams independently.
upi.com
· 2025-12-08
According to Pew Research Center data, nearly 75% of U.S. adults experience online scams or cyber attacks weekly, with Americans reporting over $16.6 billion in scam losses during 2024. Common attacks include fraudulent credit card charges, counterfeit purchases without refunds, personal information breaches, and scam calls/texts that trick victims into sharing personal data, with young adults aged 18-29 experiencing the highest victimization rates despite the perception that older adults are most vulnerable.
cybershack.com.au
· 2025-12-08
Research from Trend Micro reveals that 1 in 4 Australians have fallen victim to online scams, with 30% of victims only discovering the fraud after losing money or not receiving goods. Scammers increasingly exploit social media, messaging apps, and mobile phones—which nearly half of Australian users operate without security software—using tactics like fake marketplace products, impersonation, and mid-conversation app switching to appear legitimate. The article recommends Australians verify sources, avoid switching apps during sensitive conversations, use mobile security software, pause before clicking suspicious links, and stay informed about evolving scam tactics.
newskarnataka.com
· 2025-12-08
A man received a spoofed call impersonating Blue Dart delivery service and was tricked into dialing a number that activated call forwarding on his phone, allowing the scammer to intercept SMS messages and hijack his WhatsApp account. Though he recovered access to both services and prevented financial loss by quickly blocking credit cards and emptying UPI apps, the incident highlights the vulnerability of phone-based authentication to coordinated social engineering attacks. The victim recommends verifying caller information through official channels, immediately dismissing suspicious on-screen codes, and enabling two-factor authentication on messaging apps.
goldrushcam.com
· 2025-12-08
**Military Consumer Fraud Alert** - California Attorney General Rob Bonta issued a consumer protection alert warning service members, veterans, and their families about targeted scams, noting that military consumers nationwide reported over 99,400 fraud complaints last year, including 44,587 imposter scams costing victims and families over $199 million. The alert identifies common threats including charity scams (fake veteran organizations), predatory schools using high-pressure tactics to exploit GI Bill benefits, and home loan scams impersonating government agencies, advising consumers to pause on seemingly too-good-to-be-true offers and verify legitimacy before engaging.
digitalreviews.net
· 2025-12-08
A June 2025 Trend Micro study of 1,025 Australian consumers found that 65% have been targeted by online scams and 27% have fallen victim, with nearly a third of victims unaware they were scammed until experiencing significant financial loss. Scammers increasingly use social engineering tactics including fake marketplace listings (25% of victims), investment/loan offers (19%), fake official warnings (18%), and impersonation of trusted contacts, often requesting victims switch to less secure communication apps. The research reveals that nearly half of Australians lack mobile security software despite heavy phone usage and reliance on banking apps, with many falsely believing their devices or personal caution provide sufficient protection,
eftm.com
· 2025-12-08
Research from Trend Micro found that 1 in 4 Australian consumers have fallen victim to online scams, with common schemes including fake products on social media (25% of victims), investment scam texts (under 20%), and fake urgent messages from organizations (18%). Scammers are increasingly sophisticated, with 39% of users targeted to switch to unsecured apps during conversations and one-third of victims only realizing they were scammed after losing money or ordered goods never arriving. The research emphasizes that despite nearly half of Australians using phones for banking and shopping daily, nearly half lack mobile security protection, making education and security software essential defenses against evolving scam tactics.
wlrn.org
· 2025-12-08
Senator Rick Scott led a bipartisan effort to introduce the GUARD Act, legislation designed to equip local and state law enforcement with advanced tools—including blockchain tracing technology—to investigate and combat financial scams targeting older Americans. The bill addresses a growing crisis: Americans over 60 lost $4.8 billion to scams in 2024, while those aged 50-59 lost an additional $2.5 billion, with estimates suggesting total fraud losses affecting seniors range from $28.3 billion to $137 billion annually. The legislation aims to expand federal grant programs for specialized training and improve coordination between federal and local agencies to prosecute scammers and recover stolen funds.
berkshireeagle.com
· 2025-12-08
The FBI's Boston Division has reported a spike in "vishing" scams across New England in which callers impersonate law enforcement and government officials to extort money or steal personal information, with recent cases in Berkshire County demanding $2,500 for fake warrant clearances. In 2024, approximately 17,367 people nationwide reported losses exceeding $405 million from government impersonation scams, with over 500 Massachusetts victims losing around $9.5 million. Legitimate law enforcement agencies never call threatening arrest or demanding immediate payment; victims should verify caller identity, avoid engaging, and report suspected scams to local police and the FBI's Internet Crime Complaint Center.
witn.com
· 2025-12-08
The Martin County Sheriff's Office warned residents of scam calls in which a man impersonates a law enforcement captain and claims victims have outstanding warrants for failing to report for jury duty, demanding $500 in gift cards. Law enforcement agencies clarified they never call demanding money and urged residents receiving such calls to refuse payment and report the incident to Martin Central Communications.
abc7.com
· 2025-12-08
The Federal Trade Commission warns of a phishing scam where fraudsters send fake text messages impersonating Amazon, claiming products are recalled and offering refunds through malicious links designed to steal money or personal information. Recipients are advised to avoid clicking links in unsolicited texts and instead verify any recall information by accessing their Amazon account directly.
michigan.gov
· 2025-12-08
John Burkman and Jacob Wohl pleaded no contest to orchestrating racially targeted robocalls in Detroit during the 2020 election that falsely warned nearly 12,000 Black voters that mail-in voting would expose their personal information to police, debt collectors, and federal health authorities. The scheme was designed to suppress voter turnout through intimidation and deception, and both men face multiple felony charges including election law violations and computer fraud with sentences up to 7 years.
themortgagepoint.com
· 2025-12-08
Sen. Kirsten Gillibrand introduced the Stop the Scammers Act to restore Consumer Financial Protection Bureau (CFPB) funding that was reduced under President Trump's tax bill, and to authorize the CFPB to financially reward whistleblowers who report financial wrongdoing. The legislation aims to protect seniors from scams and fraud by ensuring the CFPB has adequate resources and incentivizing insiders to expose bad actors in the financial industry. The bill has support from multiple Democratic senators and proposes restoring CFPB funding to 12% of the Federal Reserve's operating budget.
buzzfeed.com
· 2025-12-08
Millennials are vulnerable to a distinct set of scams despite believing themselves resistant to fraud, including crypto/bitcoin schemes promising quick wealth, multilevel marketing companies, romance scams, fake government websites, sham investment gurus, and algorithmic manipulation through rage bait and influencer culture. Other common vulnerabilities include online sports betting, QR code scams, fake job postings, buy-now-pay-later debt traps, and deceptive fast-fashion shopping platforms like Temu and Shein that misrepresent products or deliver hazardous items.