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hjnews.com
· 2026-08-03
Box Elder County officials are warning residents about fraudulent ticket scams for the Golden Spike Rodeo at the Box Elder County Fair, urging buyers to purchase only through the official ticketing website. Scammers are posting fake tickets on Facebook and third-party websites with warning signs including incorrect dates, nonexistent seating rows, and inflated prices, with one case involving an $11,000 ticket listing. Officials advise buyers to only purchase from trusted individuals and to be suspicious of anyone offering to transfer official tickets before one week before the August 26-29 event.
protos.com
· 2026-08-03
Over 4,585 Bitcoin wallet owners lost cryptocurrency due to a firmware vulnerability in Coinkite's Coldcard hardware wallets affecting devices from March 2021 through late 2024. The article provides guidance for victims to file reports with local police and the FBI's Internet Crime Complaint Center, consult licensed attorneys about civil claims against Coinkite, and seek tax advice regarding their losses. Victims are warned to independently verify the credentials of any attorneys or officials offering assistance and to avoid responding to unsolicited contact claiming to represent law enforcement.
military.com
· 2026-08-03
A former U.S. Postal Inspector, Scott Kelley, pleaded guilty to stealing over $340,000 in cash from elderly people and veterans between 2019 and 2023 by intercepting parcels containing money mailed by victims of lottery fraud scams. Kelley, who worked in the Boston division and was ironically tasked with investigating mail fraud targeting seniors, exploited his position by accessing a tracked list of suspicious parcels and stealing the cash inside them, then laundering the money and evading taxes. His victims included a 76-year-old retired Army veteran in Kansas from whom he stole $19,100, and he used the stolen funds for personal expenses including prostitutes
streamlinefeed.co.ke
· 2026-08-03
A 60-year-old Welsh man was sentenced to nearly two and a half years in prison for concealing his deceased mother's body in a chest freezer for nearly three years to fraudulently continue accessing her state benefits. Christopher Phillips stole approximately £78,190.92 (KES 12.9 million) across multiple UK welfare programs by intercepting medical inquiries and preventing authorities from discovering his mother's death in March 2023. The case highlights critical vulnerabilities in welfare verification systems globally, as Phillips's scheme went undetected until a police welfare check in February 2026 revealed the remains.
ibtimes.co.uk
· 2026-08-03
An 86-year-old woman with dementia in Cincinnati lost $10,000 in a grandparent scam after fraudsters posing as her grandson's lawyer convinced her he was in jail and arranged for a driver to take her to the bank to withdraw cash. The scam exploited her cognitive vulnerabilities and the bank's failure to question an unusually large withdrawal by an elderly customer with no history of large cash transactions. The case exemplifies a growing trend in elder fraud, with Americans aged 50+ losing $4.3 billion annually, and impersonation scams showing a four-fold increase since 2020 in victims reporting losses of $10,000 or more.
georgeherald.com
· 2026-08-03
Legally You and Pacaltsdorp Police held their fourth annual elderly awareness campaign on July 18, focusing on senior citizen rights, health, and safety through crime prevention education, legal guidance, and fraud awareness training. The event brought together government departments and community organizations to educate older persons on recognizing scams, reporting abuse, and accessing support services, while also providing wellness screenings and mental health assessments.
crypto.news
· 2026-08-03
Cryptocurrency kiosks located in convenience stores and gas stations have become the primary collection point for impersonation scams, with the FBI logging 13,460 complaints in 2025 resulting in approximately $389 million in losses, with roughly two-thirds of victims over age 60. While federal law treats kiosk operators as money services businesses subject to FinCEN registration and anti-money-laundering requirements, state regulation is highly fragmented, ranging from outright bans (Indiana, Tennessee, Minnesota) to licensing regimes with transaction caps and fraud protections to complete absence of oversight (such as in Texas, which leads the nation in reported losses). The regulatory inconsistency means operators face vastly
ourquadcities.com
· 2026-08-03
Romance scams affect approximately 1 in 10 people age 50 and over, resulting in billions in losses worldwide annually, according to AARP. Scammers create fake online identities—often posing as celebrities or semi-professional athletes—to build emotional relationships over months before requesting money or financial favors. Key warning signs include requests for financial help, "love bombing" with excessive affection, and pressure from someone claiming to be a legitimate celebrity seeking a romantic connection with an average person.
aarp.org
· 2026-08-03
I cannot provide a summary because the content provided is not an article about a scam or fraud. This appears to be a navigation menu/sitemap from AARP's website showing various topic categories and links. There is no actual article text describing any fraudulent scheme, scam, victims, or dollar amounts to summarize.
channelnewsasia.com
· 2026-08-03
Singapore removed most public officers' contact details from its online Government Directory effective July 1, 2026, to combat rising government impersonation scams and phishing attacks. Government official impersonation scams more than doubled in 2025, with 3,363 cases resulting in S$242.9 million in losses, representing the second-highest loss category among all scam types. The directory now lists only senior officials and political appointees while directing the public to official agency feedback channels and quality service managers instead.
crimewatch.net
· 2026-08-03
The East Lansdowne Police Department issued a warning alert about common scams targeting senior citizens, including phantom hacker scams, grandparent scams, government impersonation schemes, tech support fraud, lottery scams, and romance scams. The department emphasized that legitimate organizations never demand payment via gift cards, cryptocurrency, wire transfers, or payment apps, and advised seniors to hang up on suspicious callers, protect personal information, and report suspected scams to local law enforcement.
govtech.com
· 2026-08-02
Both the U.S. House and Senate have passed bipartisan bills to protect seniors from financial fraud and scams, including the Financial Exploitation Prevention Act of 2025 and the Senior Security Act. These laws would allow financial institutions to pause transactions from older adults or people with disabilities when fraud is suspected, and establish a Senior Investor Taskforce at the SEC to identify challenges and trends affecting senior investors. The legislation represents rare bipartisan agreement on combating fraud targeting vulnerable populations, though specific dollar amounts of fraud losses are not mentioned in this overview of the legislative efforts.
swoknews.com
· 2026-08-02
AI-powered scammers are increasingly using personal data harvested from social media and public sources to create sophisticated, personalized frauds targeting elderly individuals. These scammers leverage AI technology to impersonate family members by mimicking phone numbers, email addresses, voices, photos, and videos, enabling them to deceive victims within seconds. The article warns that social media and data mining have made it easier for fraudsters to gather the raw materials needed to execute these highly targeted scams.
facebook.com
· 2026-08-02
Colorado residents are increasingly reporting "You're Invited" scams involving fake Evite and Paperless Post emails that compromise email accounts through phishing. AARP ElderWatch has documented rising incidents of this scam targeting victims in the state, with fraudsters using legitimate-looking party invitation platforms to steal personal information.
yahoo.com
· 2026-08-02
A Thousand Oaks senior was defrauded of $14,000 after clicking a malicious link that triggered a pop-up warning, leading scammers posing as FTC and Treasury Department officials to convince her she was under investigation for money laundering and needed to withdraw cash. She withdrew $14,000 from multiple banks and handed it to a courier who provided a password at her home, with the scammer remaining on the phone throughout and falsely claiming two people were watching her residence. Yongan Ma, 44, faces three felony charges for allegedly providing transportation for the courier and benefiting from the scheme.
mirror.co.uk
· 2026-08-02
A 67-year-old retired teacher from London lost £128,000 to a romance scammer who posed as a retired British Army general with a knighthood, meeting her through an online pen-pal website after she became vulnerable following her husband's death three years earlier. The scammer built trust over months by sending daily messages and claiming he was deployed on covert military work in Mali, then requested money for supposedly transporting legally discovered gold, with costs escalating through various fees and obstacles. Diana has kept the fraud secret from her adult son and remains deeply ashamed despite recognizing she was lonely and emotionally vulnerable at the time.
mcknightsseniorliving.com
· 2026-08-02
The Senate Special Committee on Aging sent letters to nine major AI companies requesting information about safeguards they have in place to protect older adults from AI-enabled scams, with responses due by August 31. The committee hearing revealed that AI has significantly increased financial fraud against seniors, with $893 million of the $21 billion in 2025 cybercrime losses attributed to AI-enabled scams, and older adults reported nearly $8 billion in internet fraud losses overall, up 59% from 2024. The senators are demanding accountability on how AI companion products are tested, how adverse events are tracked, and whether older adults are included in product development to help combat what they call an "alarming and highly complex
kompas.id
· 2026-08-02
Young Indonesians are being trafficked to Cambodia and Myanmar through fake job offers promising salaries of 13-25 million rupiah monthly, then forced to operate online scams including romance and investment fraud schemes targeting wealthy Indonesians. Victims face torture, exploitation, and legal complications as illegal migrants, with rescued individuals like PU and Bumbum spending months or years trapped before repatriation, using sophisticated AI technology to conduct fraudulent video calls posing as romantic interests.
vladtv.com
· 2026-08-02
"Pig butchering" scams involve fraudsters building trust with victims online through romance or investment schemes, then using fake trading platforms to show small profits before draining their savings and retirement accounts. A Southern California victim lost approximately $2.3 million in three months through this scheme, with criminals from Nigeria, the Philippines, and Eastern Europe using deepfake videos and fake websites to manipulate targets. Recovery is typically impossible once cryptocurrency funds move through multiple transfers, making these scams particularly devastating for victims.
modernghana.com
· 2026-08-02
West African fraud networks operating primarily from Nigeria and Ghana have targeted millions of Americans, with the FBI reporting $16.6 billion in scam losses in 2024 alone, including over $1 billion from romance scams targeting American women. The "Yahoo Boys" and "Sakawa Boys" typically pose as White American men or military personnel on dating platforms and social media to defraud victims. While law enforcement operations like INTERPOL's Operation Red Card 2.0 resulted in over 650 arrests and $4.3 million recovered, the schemes persist due to high unemployment in West Africa, AI-enabled impersonation tools, and the transnational nature of the crime.
dailyvoice.co.za
· 2026-08-02
Seven individuals accused of defrauding an elderly widow of approximately R14 million through a romance scam have been brought before the Muizenberg Magistrate's Court, with one defendant released on R20,000 bail. The scam involved a fraudster posing as a wealthy Italian businessman named Ael Alzondo on a Christian dating site, fabricating stories about business problems in Luanda and requesting money under false pretenses between July 2017 and October 2022. The accused face charges of fraud and money laundering for receiving and distributing the victim's deposits across multiple bank accounts.
pulse.com.gh
· 2026-08-02
Ghanaian national Frederick Kumi (Abu Trica) faces charges in a US federal court for allegedly orchestrating an $8 million romance scam targeting over 80 elderly Americans, using fake online identities to deceive victims into transferring money. A US court has designated the case as complex, granting his defense additional time to review extensive evidence, with a pretrial conference scheduled for August 25, 2026, and Kumi remaining in custody while pleading not guilty to wire fraud and money laundering charges. The complex-case designation does not determine guilt or innocence but allows adequate preparation time for the defense to handle the voluminous digital and financial records involved.
aol.co.uk
· 2026-08-02
A 67-year-old retired teacher lost over £128,000—including her children's inheritance—to a romance scammer posing as a retired British Army general with a knighthood who she met online in October 2022. The fraudster built trust over months by messaging daily, claiming he couldn't video call due to covert military work, then gradually requested increasing sums of money under the pretense of transporting gold discovered in Mali and paying associated fees and taxes. The victim, still using a pseudonym over two years later due to shame, was particularly vulnerable after losing her husband three years prior and initially seeking friendship on a pen-pal website.
outlooknewspapers.com
· 2026-08-01
This article announces free events and activities at the Pasadena Senior Center for adults 50 and older throughout August, including educational workshops, social activities, health services, and food assistance. The events cover topics such as elder abuse and fraud prevention, legal consultations, medication management, and recreational programs like book clubs and movie matinees. No fraud or scam incident is described in this article; it is purely informational about senior services.
aol.com
· 2026-08-01
As Georgia's population grows by nearly 100,000 residents annually, law enforcement reports increasing cybercrime and scams, with the state ranking among the top 10 for reported cybercrime nationwide and experiencing a 24% increase in cyber-enabled crime. Older adults are disproportionately targeted through gift card scams, fake grandchild emergency calls, and impersonation schemes where scammers pose as law enforcement claiming victims owe money for arrest warrants or unpaid citations. State officials are expanding partnerships with the FBI and Georgia Attorney General's Office to combat these emerging threats through coordinated investigations and intelligence sharing.
en.cryptonomist.ch
· 2026-08-01
Minnesota enacted a complete ban on cryptocurrency ATMs effective August 1, 2026, after state officials documented approximately $1 million in scam losses connected to crypto kiosks between 2023 and 2025, with seniors disproportionately targeted through schemes involving manufactured emergencies and pressure to send funds irreversibly. The law required operators to deactivate functioning machines immediately and physically remove them by December 31, 2026, joining Tennessee in adopting an outright ban rather than regulation, as federal data showed Minnesota residents lost over $151 million to crypto-related fraud in 2025 alone.
sent-trib.com
· 2026-08-01
Wood County Sheriff Mark Wasylyshyn and Prosecutor Paul Dobson conducted educational presentations at senior centers to warn older adults about scams, noting that seniors are targeted three to five times more often than other groups due to loneliness, trust, and limited technology knowledge. From 2020 to 2024, cases involving losses of $10,000 or more increased four-fold, while cases with losses exceeding $100,000 increased seven-fold in the county, though authorities believe actual numbers are higher due to underreporting. The officials advised seniors to never provide personal information to callers, avoid clicking suspicious links, be wary of urgency and fear tactics, and recognize red flags such as
foxbusiness.com
· 2026-08-01
Minnesota enacted a ban on cryptocurrency ATMs that took effect Saturday after residents reported losing nearly $1 million in scams involving the machines since 2023, with criminals impersonating law enforcement to pressure elderly victims into sending money through the kiosks. In 2025 alone, there were 70 reported cases resulting in over $540,000 in losses with an average loss of nearly $6,800 per transaction, as crypto transactions cannot be reversed once sent to a scammer's digital wallet. The ban requires removal of all existing machines by December 31, addressing a scam disproportionately targeting seniors who are often too embarrassed to report their losses.
uk.news.yahoo.com
· 2026-08-01
Three defendants have been federally indicted for operating a gold-courier scam targeting elderly victims, involving approximately $3 million across multiple cases. The scheme involved impersonating FTC and Social Security Administration agents who convinced victims their savings were connected to criminal activity and needed to be converted to gold for "protection." An 87-year-old Michigan couple nearly lost $250,000 in gold before undercover deputies intervened and arrested two of the defendants during the attempted pickup.
wrbl.com
· 2026-08-01
Georgia is experiencing a surge in cybercrime and scams as its population grows, with the state ranking among the top 10 nationwide for reported cybercrime and experiencing a 24% increase in cyber-enabled crime. Older adults are being disproportionately targeted through gift card scams, fake grandchild emergency calls, and impersonation schemes where scammers pose as law enforcement demanding payment for arrest warrants or unpaid citations. State law enforcement agencies are expanding partnerships with the FBI and Georgia Attorney General's Office to combat these threats through coordinated investigations and intelligence sharing.
cryptobriefing.com
· 2026-08-01
Minnesota banned cryptocurrency kiosks after residents lost nearly $1 million to scams between 2023 and 2025, with over 100 complaints filed and an 80-year-old victim losing $80,000 in a single incident. Governor Tim Walz signed the prohibition into law on May 5, 2026, making Minnesota the third state to fully outlaw the machines following Tennessee and Indiana. The scams typically involved fake emergency calls and impersonation schemes that pressured victims to convert cash to cryptocurrency through the kiosks, with funds then disappearing into untraceable wallets.
nbcboston.com
· 2026-08-01
Massachusetts residents lost over $77 million to cryptocurrency kiosk scams in 2024, with scammers targeting victims by impersonating customer service representatives and convincing them to deposit cash into Bitcoin ATMs to transfer funds to criminal-controlled digital wallets. Lawmakers are considering a statewide ban on crypto ATMs to eliminate this key mechanism used by fraudsters, as law enforcement officials report that recovering stolen funds is extremely difficult once scammers move cryptocurrency through mixing services and foreign exchanges. One notable case involved a Middleton woman who lost over $11,000 after being deceived by someone posing as PayPal customer service, though police were able to recover some funds through a search warrant.
tuberville.senate.gov
· 2026-08-01
Senator Tommy Tuberville held a Senate Special Committee on Aging hearing discussing AI-enabled scams targeting seniors, featuring testimony from experts and an AI scam victim. Panelists emphasized education as a primary solution, recommending national awareness campaigns about AI deepfakes and fraud, particularly targeting Baby Boomers through trusted channels like banks, alongside technological filters to remove AI-generated media and prevent caller ID impersonation.
cryptobriefing.com
· 2026-07-31
Texans lost approximately $57 million to cryptocurrency kiosk scams in 2025, primarily targeting elderly victims who are tricked into depositing cash into crypto ATMs to send funds to scammers' wallets. Texas lawmakers plan to ban crypto kiosks entirely, joining Indiana, Tennessee, and Minnesota in prohibiting the machines, as three states have already enacted or scheduled bans to take effect between March and August 2026. The scam typically involves fraudsters contacting victims with urgent stories about unpaid taxes or compromised accounts, directing them to withdraw cash and convert it to cryptocurrency that cannot be recovered once transferred.
latrobebulletinnews.com
· 2026-07-31
A jury duty scam targeting Westmoreland County residents for approximately two years has defrauded victims by posing as sheriff's office representatives and demanding payment via Bitcoin or gift cards to avoid arrest for missed jury duty. In one recent case, a 52-year-old Hempfield Township woman lost $11,250 in Bitcoin after receiving such a call. The scam is part of a broader trend of fraud in the county, including cases where a 69-year-old woman lost nearly $247,000 to romance and impersonation scams over three years.
newsbreak.com
· 2026-07-31
Scammers are increasingly using in-person couriers to collect cash and gold bars from elderly victims' homes after convincing them their accounts have been hacked or compromised. The scheme typically begins with fraudulent calls impersonating banks, tech companies, or government agencies, instructing victims to withdraw savings or purchase precious metals, which are then handed directly to a courier at the door. Between May and December 2023 alone, over $55 million in losses from this "Phantom Hacker" scam variant were reported to federal authorities, with the true total likely much higher due to underreporting among embarrassed victims.
dailyhodl.com
· 2026-07-31
Scott Kelley, a former Boston postal inspector who led the Mail Fraud Unit, pleaded guilty to stealing over $330,000 from nearly 2,000 packages sent by elderly victims (averaging age 75) and using the funds for personal expenses including escorts, home renovations, and Caribbean cruises. Kelley intercepted cash meant to be recovered from scammers and faces 44 federal counts including wire fraud, mail fraud, money laundering, and false tax filings. The case reveals significant vulnerabilities in mail-handling processes designed to protect elderly fraud victims and their recovered funds.
coronadonewsca.com
· 2026-07-31
San Diego County Credit Union is hosting a free educational webinar on August 5 led by Deputy District Attorney Scott Pirrello to help seniors and vulnerable adults recognize and prevent elder financial abuse, which affects approximately 10% of older adults annually in the United States. The webinar will cover common scams, warning signs, and protection strategies as part of SDCCU's Financial Wellness Wednesdays program.
mynbc5.com
· 2026-07-31
Senator Kirsten Gillibrand is taking action to combat AI-enabled scams targeting seniors, particularly those involving companion chatbots. She hosted a Senate Aging Committee hearing on the issue, sent inquiries to nine major AI companies including OpenAI and Meta about their safeguards for older adults, and introduced two bipartisan bills designed to give law enforcement and federal agencies tools to protect consumers from fraud.
wtoc.com
· 2026-07-31
Savannah police warn residents about evolving phone and relationship scams where callers impersonate government agencies or claim family members are in jail to demand immediate payment, often through gift cards. Key warning signs include demands for urgent payment with tight deadlines, and victims are advised to hang up, contact their bank immediately, file a police report, and block unknown callers. Police also recommend that elderly residents secure personal and financial documents at home and remain vigilant about protecting vulnerable family members from scam attempts.
wjbf.com
· 2026-07-31
Georgia law enforcement reports a surge in cybercrime and scams as the state's population grows, with cybercrime increasing 24% nationwide and Georgia ranking in the top 10 states for reported cyber-enabled crimes. Older adults are being disproportionately targeted through gift card scams, fake grandchild emergency calls, and impersonation schemes where scammers claim victims owe money for arrest warrants or unpaid citations. State officials are expanding partnerships with federal agencies to combat these emerging threats through intelligence sharing and coordinated investigations.
commbank.com.au
· 2026-07-31
Tax impersonation scams are targeting Australians via SMS, email, and phone calls that mimic the ATO or myGov, claiming refunds are waiting, money is owed, or details need updating, with links leading to fake websites designed to steal personal information. CommBank research found 62% of participants are exposed to scams at least once weekly, with both individuals and small businesses vulnerable, particularly during tax season as the October 31 lodgment deadline approaches. The scams succeed because they appear legitimate and exploit authority bias and psychological factors like stress and time pressure, rather than relying on obvious warning signs.
legis1.com
· 2026-07-31
A Senate Special Committee on Aging hearing examined AI-powered fraud schemes that clone voices to impersonate loved ones and create deepfakes, with online scam losses increasing 26% in 2025 to an average household loss of $1,009. Experts testified that AI tools have made existing scams more sophisticated while lowering barriers for criminals, prompting lawmakers to introduce bipartisan legislation including the Guard Act and National Strategy for Combating Scams Act to strengthen law enforcement efforts and create reporting systems targeting elder fraud.
wislawjournal.com
· 2026-07-31
Roshan Shah, 22, was sentenced to four years in federal prison for conspiracy to commit money laundering after collecting over $3.7 million from 15 elderly victims across the United States. Co-conspirators in India called victims claiming their identities were used in crimes, then instructed them to surrender cash or gold to Shah, posing as a federal agent, for safekeeping. Shah was ordered to pay $4.2 million in restitution, including $526,095 to a New Berlin couple who liquidated investment accounts to purchase gold coins they believed would be placed in government protection.
psca.org
· 2026-07-31
Scammers impersonate retailers or government agencies and falsely transfer calls to fake SSA representatives who claim the victim's identity has been stolen, then request signatures on documents and promise a new Social Security number. The SSA warns that legitimate agencies cannot transfer calls directly to SSA or OIG, and that caller ID can be spoofed, making any such call a scam. Consumers should report suspected SSA scams to oig.ssa.gov/report.
wlwt.com
· 2026-07-31
An 86-year-old woman with dementia from Mount Washington lost $10,000 in a grandparent scam after a caller posing as a public defender claimed her grandson had been arrested and needed bail money. The scammer instructed her to withdraw cash from her bank and picked her up by car to transport her there, exploiting her concern for her grandchild and instructing her to keep the situation secret. Cincinnati police are investigating the case, and experts recommend families establish financial safeguards and open conversations about fraud prevention with elderly relatives.
en.antaranews.com
· 2026-07-31
Indonesia and Cambodia are establishing a joint task force to combat online scams, with deputy foreign minister Arif Havas Oegroseno meeting with Cambodia's Senior Minister Chhay Sinarith in Phnom Penh to discuss the initiative. The cooperation aims to address the growing problem of online fraud affecting both nations through coordinated efforts and information sharing between the two countries.
1380kcim.com
· 2026-07-31
A Ghanaian national living in Maryland, 43-year-old Nana Takyiwa Adonu, was sentenced to nearly six years in federal prison for operating a nationwide romance scam that defrauded victims of over $1.6 million, including an Iowa victim who lost more than $55,000. Adonu created fake online dating profiles and operated a fraudulent company to receive stolen funds from victims seeking romantic relationships, and she was ordered to pay $1.65 million in restitution. According to FBI statistics, an estimated 59,000 people have fallen victim to romance scams losing over $672 million, with many cases going unreported due to victim embarrass
biometricupdate.com
· 2026-07-30
AI-enabled fraud against older Americans is escalating rapidly, with criminals using voice cloning, deepfakes, and stolen personal data to impersonate loved ones and trusted professionals, exploiting emotions like fear and urgency more effectively than ever before. A 64-year-old California woman lost $5,400 in a kidnapping scam after being convinced by an AI-cloned voice of her daughter, while the Senate Special Committee on Aging reported that Americans over 60 lost $7.7 billion to scams in 2025, with $893 million specifically linked to AI-enabled fraud across over 22,000 complaints. The hearing emphasized that while AI hasn't changed the emotional tactics of
americanbanker.com
· 2026-07-30
The Federal Reserve banned two former bankers for stealing from elderly customers: Simon Alberto Gonzalez stole approximately $203,000 from an elderly Regions Bank customer in Orlando between August 2023 and November 2024, while Ralph Mojica took $33,300 from two elderly customers at First Interstate Bank's Nampa, Idaho branch between July and September 2025, plus an additional $8,000 from the bank itself. Both men were fired and barred from banking industry work without Federal Reserve approval, as regulators intensify efforts to combat elder financial exploitation amid a broader trend of seniors losing billions to fraud annually.