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news5cleveland.com
· 2025-12-08
The Ohio Department of Commerce's Division of Securities reported a surge in investor scams, receiving approximately 250 fraud complaints in 2023, with Ohio residents losing over $150 million to financial scams that year. Scams ranged from $100 to $100 million and primarily targeted retirees seeking investment returns; victims should avoid unsolicited social media investment offers, overly complex opportunities, and verify companies before investing. Ohio offers a recovery fund for defrauded investors, and victims should report incidents to local police, the Division of Securities, or the FBI's Internet Crime Complaint Center.
goldcountrymedia.com
· 2025-12-08
This does not appear to be an article about elder fraud, scams, or elder abuse. The text is a generic system notification message regarding email verification and session renewal, likely from a website or application interface. It is not relevant to the Elderus database.
theregister.com
· 2025-12-08
Georgia resident Malachi Mullings received a 10-year prison sentence for laundering $4.5 million in proceeds from business email compromise (BEC) attacks targeting healthcare providers and romance scams targeting individuals, including numerous elderly victims, between 2019 and July 2021. Mullings used multiple bank accounts under his company name to conceal the fraud, purchasing luxury items including a Ferrari with stolen funds; one romance scam victim alone lost $260,000. He pleaded guilty to eight charges including money laundering and conspiracy to commit money laundering as part of a larger scheme involving nine other suspects across Georgia, South Carolina, and Virginia that defrauded state Medicaid programs
coindesk.com
· 2025-12-08
Major cryptocurrency exchanges Coinbase and Kraken, along with Meta, Match Group, Ripple, and Gemini, formed the "Tech Against Scams" coalition to combat online fraud schemes, particularly "pig butchering" scams where fraudsters use dating apps and social media to build trust before pitching fake cryptocurrency investment opportunities. U.S. losses from crypto investment scams reached $3.94 billion in 2023, up from $2.57 billion in 2022, prompting the coalition to share threat intelligence and best practices to protect users.
yahoo.com
· 2025-12-08
Major tech companies including Meta, Match Group, Coinbase, Kraken, Ripple, and Gemini launched the coalition "Tech Against Scams" to combat online fraud across dating apps, social media, and cryptocurrency platforms. Romance scams, social media fraud ($770 million in losses in 2021), investment scams ($3.8 billion in losses in 2022), and "pig butchering" crypto scams have cost consumers billions, prompting these companies to share data and collaborate on detection methods and consumer education to disrupt scammers' activities across multiple platforms.
indiatoday.in
· 2025-12-08
Meta has partnered with major cryptocurrency firms (Coinbase, Kraken, Ripple, Gemini) and dating apps like Match Group to launch "Tech Against Scams," a coalition aimed at combating the rising tide of online fraud including romance scams and pig butchering schemes. The initiative will work by sharing threat intelligence and best practices among tech companies to identify and disrupt scam networks, while simultaneously educating users about the risks of online interactions and financial transactions. Romance scams involve fraudsters creating fake identities to establish emotional connections and extract money, while pig butchering scams build trust over time before luring victims into fake investment opportunities.
therecord.media
· 2025-12-08
Malachi Mullings, a 31-year-old Georgia man, received a 10-year prison sentence for stealing over $3.8 million from a state Medicaid program through business email compromise (BEC) scams, where he impersonated trusted business associates to redirect payments to accounts he controlled, and an additional $260,000 from romance scams. This conviction is part of a broader federal crackdown on BEC schemes, with multiple recent prosecutions securing convictions for laundering millions in stolen funds, as BEC fraud caused nearly $3 billion in reported losses in 2023 alone.
forkast.news
· 2025-12-08
Major technology companies including Coinbase, Meta, Match Group, and others formed "Tech Against Scams," a coalition addressing the rising threat of romance scams and cryptocurrency investment fraud. Scammers use fake identities on dating apps and social media to build trust with victims before pressuring them into cryptocurrency investments and stealing their funds. The Department of Justice recently exposed a romance scam involving at least $73 million in stolen funds converted to cryptocurrency, prompting the coalition to share threat intelligence, best practices, and consumer education across digital platforms.
justice.gov
· 2025-12-08
Malachi Mullings was sentenced to 10 years in federal prison for laundering over $4.5 million obtained through romance fraud scams and business email compromise schemes that targeted elderly victims and companies from 2019 to July 2021. Operating under the fake company name "The Mullings Group LLC," Mullings opened 20 bank accounts to conceal fraud proceeds, including $310,000 diverted from a state Medicaid program and $260,000 obtained from an elderly romance scam victim, which he used to purchase luxury items including a Ferrari. The case was prosecuted as part of the Department of Justice's Transnational Elder Fraud Strike Force and involved investigation by
thesenior.com.au
· 2025-12-08
This educational article explains that modern scams are sophisticated operations run by international fraud gangs targeting victims across all ages and education levels, with common types including investment, romance, banking, cryptocurrency, and identity theft scams. The Australian Financial Complaints Authority recommends the "Stop, Think, Check" approach to protect yourself, advising people to question suspicious messages, think critically, and act quickly if something feels wrong. AFCA, along with other organizations, offers resources and free webinars to help consumers understand scams and learn protective measures.
witl.com
· 2025-12-08
In 2022, Michigan seniors aged 60 and older lost $52.5 million to fraud, with 2,243 victims averaging $23,416 in losses per person—a rate of 87.2 victims per 100,000 residents. Tech support scams disproportionately affected seniors, who are 517% more likely to fall victim to these schemes than younger people. Online scams were the primary method of fraud targeting Michigan's elderly, with investment scams, business impostor schemes, and romance scams representing the largest fraud categories nationally.
columbiacommunityconnection.com
· 2025-12-08
From 2022 to 2023, the Financial Crimes Enforcement Network reported approximately $27 billion in suspicious activity related to elder financial exploitation, with 80% of all suspicious activity reported by banks involving elder scams. Elder financial exploitation—the unauthorized or improper use of an older person's funds, property, or assets—can be perpetrated by strangers, family members, friends, neighbors, or caregivers using tactics such as government impersonation, fake prizes, tech support scams, and the grandparent scam. The article emphasizes preventive measures including protecting sensitive documents, reviewing credit reports, verifying credentials, and trusting instincts when suspicious activity occurs.
ca.sports.yahoo.com
· 2025-12-08
Antony Linton Stewart, a 39-year-old Jamaican national, pleaded guilty to conspiring to defraud elderly U.S. victims through a fake lottery scheme in which he falsely told victims they had won and needed to pay taxes on their "winnings." Victims wired hundreds of thousands of dollars to intermediaries in the United States and Jamaica, who forwarded the money to Stewart. Stewart faces up to 20 years in prison for the conspiracy to commit mail and wire fraud.
timesofindia.indiatimes.com
· 2025-12-08
Southeast Asian cybercrime operations have replaced traditional Indian fraud hotspots, with organized gangs in Cambodia, Myanmar, and Laos operating "corporate-style" compounds that defrauded Indian victims of Rs 1,775 crore between January-April 2024 through investment scams (Rs 1,420 crore), trading scams (Rs 222 crore), digital arrest scams (Rs 120 crore), and romance scams (Rs 13 crore). Indian nationals are recruited through illegal agents with false job promises, then coerced into perpetrating fraud against fellow citizens via social media and messaging apps, with authorities intervening to save
applevalleynewsnow.com
· 2025-12-08
Seniors in the Yakima Valley are increasingly targeted by scammers, with those over 60 reporting over $3.4 billion in losses to the FBI's IC3 in 2023, an 11% increase from the prior year. Common scams include romance schemes (such as a 75-year-old woman who lost $25,000-$30,000 in gift cards to an imposter), grandparent scams, and fake investment schemes promising quick returns in cryptocurrency. Scammers exploit seniors' vulnerabilities including loneliness, cognitive decline, and free time online, with artificial intelligence expected to make future scams more sophisticated and believable.
refinery29.com
· 2025-12-08
This article presents four real scam experiences and lessons learned. The cases include: fake concert ticket fraud ($amount unspecified, victim recovered funds), a camera sale scam ($3,000 loss via fake verification email), a money-flipping scheme involving a former roommate ($350 dispute), and a fake tattoo deposit scam ($200 loss). Common tactics across these incidents include creating artificial urgency, using trusted platforms and social media, impersonation, and exploiting personal relationships—with victims learning to verify legitimacy, act quickly on disputes, and question unusual requests even from seemingly credible sources.
goldrushcam.com
· 2025-12-08
Jiaci Liu, 34, was arrested in San Diego for his role in a multinational fraud conspiracy targeting seniors using a layered scam involving fake tech support, bank impersonation, and government impersonation. A 63-year-old Poway victim was tricked into withdrawing $28,000 after being told his computer had viruses and his bank account had unauthorized transfers; investigators found evidence Liu had collected over $348,000 from multiple victims across Southern California and Phoenix in just one week in June 2023. Liu faces charges of conspiracy to commit wire fraud with a maximum penalty of 30 years in prison and $1 million fine.
ftc.gov
· 2025-12-08
Scammers frequently impersonate well-known companies like Best Buy's Geek Squad, Amazon, PayPal, Microsoft, and Publishers Clearing House to deceive victims, with Microsoft and Publishers Clearing House impersonation scams resulting in the highest reported losses in 2023. While email and phone calls are the most common contact methods, scammers achieve the largest financial losses through social media-initiated investment scams paid via cryptocurrency or bank transfers, along with romance and tech support scams demanding payment through gift cards (particularly Apple gift cards). The FTC advises consumers to verify unexpected communications through official channels, avoid clicking links from unknown sources, and refuse payment methods that scammers insist
currypilot.com
· 2025-12-08
Internet scams targeting elderly Oregonians increased significantly in 2023, with individuals aged 60 and over losing $3.4 billion nationally and $44 million in Oregon alone, according to the FBI's Internet Crime Complaint Center report. Over 101,000 victims aged 60+ reported fraud to the IC3, with tech support scams being most common and investment scams causing the largest losses (over $1.2 billion). Local law enforcement in Oregon has also documented cases involving seniors being defrauded of homes and retirement savings through online scams and identity theft.
theworldlink.com
· 2025-12-08
**Elder fraud targeting Oregonians increased significantly in 2023, with individuals aged 60 and older losing $44 million in that state alone and $3.4 billion nationally—a 14 percent increase in complaints and 11 percent increase in losses compared to 2022.** Tech support scams were the most commonly reported type of elder fraud, while investment scams caused the highest losses at over $1.2 billion; other prevalent schemes included romance scams, government impersonation, and cryptocurrency fraud. The average elderly victim lost $33,915, with over 101,000 Americans aged 60+ reporting elder fraud to the FBI's Internet Crime
finance.yahoo.com
· 2025-12-08
Cryptocurrency scams resulted in over $24 million in losses during 2023, with common schemes including high-yield investment scams (Ponzi schemes), phishing attacks on fake trading platforms, and impersonation of celebrities or authorities. Users are advised to verify investment authenticity, access platforms only through official channels, avoid suspicious links, use strong cybersecurity software, and authenticate payment requests through official channels before providing personal information or funds.
arabnews.pk
· 2025-12-08
The Saudi Central Bank (SAMA) launched a new "Account Finder" service to help retail banking customers verify account ownership and reduce risks of unauthorized access, impersonation, and suspicious transactions. The initiative is part of SAMA's broader efforts to combat financial fraud in Saudi Arabia, where a joint study with Interpol identified five major types of fraud affecting Arab countries—including investment scams, business email compromise, romance scams, and sextortion—with fraudulent sites receiving over 137,000 daily visits from potential victims.
newstalkzb.co.nz
· 2025-12-08
A New Zealand woman lost over $580,000 to an international romance scam spanning 14 months between November 2019 and December 2020, after meeting a scammer posing as a US oil rig worker named "Scott Thomas" on Tinder. The perpetrator convinced her he needed funding for an oil project and claimed access to a $3 million UK bank account that had been hacked, promising to repay her once he regained the funds and traveled to New Zealand to marry her. The victim made 21 international transfers from her own and her elderly father's accounts before the scam was discovered by a family member who found an incriminating email; she
mlive.com
· 2025-12-08
Two members of an international fraud conspiracy targeting senior citizens were sentenced to federal prison: Jmyla Elaine Sha'Taria White received eight years, one month and was ordered to pay $3.2 million in restitution, while McKhaela Katelynn McNamara received four years, three months and $693,073 in restitution. The scheme used fake tech support warnings and fake federal agents to deceive elderly victims into sending money, with one West Michigan resident losing $398,000 and total losses reaching millions of dollars. Victims can report suspected elder fraud at ic3.gov or contact the FBI at 313-965-2323.
denverpost.com
· 2025-12-08
A scam called "financial sextortion" has become the fastest-growing cybercrime, targeting young men and teenage boys through fake romantic profiles on social media that collect explicit images and demand ransom payments (typically $300-$3,500) via cryptocurrency or gift cards. Between October 2021 and March 2023, the FBI received 13,000 reports of financial sextortion, with the vast majority involving minors, and at least 20 teenagers have died by suicide after being victimized, including 15-year-old Riley Basford in 2021. Scammers, often operating from Nigeria and other countries, use explicit images as leverage to extort
theworldlink.com
· 2025-12-08
Elderly Oregonians lost $44 million to internet scams in 2023, with FBI data showing a 14% increase in elder fraud complaints and an 11% rise in associated losses that year. The average victim aged 60 and older lost $33,915, with over $3.4 billion in total losses nationwide, with tech support scams being the most commonly reported type and investment scams causing the greatest financial damage at over $1.2 billion.
greaterkashmir.com
· 2025-12-08
The Indian Embassy in Laos rescued and repatriated 13 Indian workers who were deceived by false employment promises and trapped in illegal work arrangements, bringing the total rescued from Laos to 428; the workers were found in a wood factory and a special economic zone. Indian authorities warn citizens against fraudulent overseas job offers, particularly those involving human trafficking networks that lure victims into cyber scams, money laundering, and cryptocurrency fraud, and advise using only authorized employment channels and conducting background checks on prospective employers in Southeast Asia.
marketrealist.com
· 2025-12-08
Malachi Mullings, 31, from Sandy Springs, Georgia, was sentenced to 10 years in federal prison for laundering over $4.5 million stolen through business email compromise (BEC) scams, romance fraud, and healthcare benefits fraud. Mullings opened approximately 20 shell company bank accounts between 2019 and 2021 to launder the proceeds, which he spent on luxury items including a Ferrari purchased with $260,000 fraudulently obtained from an elderly romance scam victim. His criminal network targeted businesses, healthcare programs, and vulnerable elderly individuals across the United States.
ifamagazine.com
· 2025-12-08
In 2023, £1.17 billion was stolen through fraud in the UK (£3.2 million daily), with a notable 50% increase in "authorised payment" scams where victims are tricked into sending money themselves. Romance scams reached record highs at £36.5 million stolen (up 17% year-on-year), with victims typically making an average of 10 payments to the same scammer, while bank reimbursement rates improved to 64p per pound lost. The figures likely underestimate total fraud as many victims, particularly in romance scams, fail to report due to embarrassment and emotional manipulation.
local12.com
· 2025-12-08
In 2023, the Internet Complaint Center received over 880,000 complaints with losses exceeding $12.5 billion, with investor scams representing a significant portion. Scammers contact victims via social media, phone, or email offering complex investment opportunities in areas like real estate, cryptocurrency, or Ponzi schemes, often building trust before soliciting money. Protection strategies include requesting comprehensive investment documentation, researching companies and advisor credentials via BrokerCheck, being cautious of cryptocurrency/precious metals investments, and reporting suspected fraud to local police, the Ohio Division of Securities, and the FBI's Internet Crime Complaint Center.
securelist.com
· 2025-12-08
Online marketplace scammers increasingly operate under a "Fraud-as-a-Service" model, targeting message board users through two main schemes: impersonating sellers to deceive buyers, or impersonating buyers to trick sellers into entering payment card details on phishing sites. Scammers strategically target sellers with promoted ads and mobile payment preferences, using convincing conversations to build trust before sending fake payment links that harvest financial information and drain bank accounts.
wsbradio.com
· 2025-12-08
Malachi Mullings, a Sandy Springs man, was sentenced to 10 years in federal prison for laundering over $4.5 million stolen from romance fraud schemes and business email compromise scams between 2019 and 2021. Mullings operated 20 fraudulent bank accounts under a fake company name to hide proceeds from schemes targeting elderly victims and healthcare programs, using some stolen funds to purchase luxury items including a Ferrari purchased with $260,000 taken from an elderly romance fraud victim. He was ordered to pay restitution and faces three years of supervised release following his prison sentence.
m.economictimes.com
· 2025-12-08
**Summary:**
Two software engineer brothers from Charholi Budruk were victims of a stock market investment scam in which cybercriminals added them to a WhatsApp group, showed them fake trading profits using manipulatable screen software, and convinced them to invest in high-value shares. The victims transferred a combined Rs 2.45 crore (approximately $300,000 USD) to various bank accounts before being falsely told their accounts were locked by SEBI, at which point they realized the fraud and filed a complaint with police.
newindianexpress.com
· 2025-12-08
A 44-year-old private school teacher from Coimbatore lost Rs 28.55 lakh in an online trading scam after responding to a WhatsApp message promising stock trading returns in April. She was directed to install a fraudulent trading app, which initially showed profits to build trust before she invested the full amount by May 15. Police registered a case under IPC sections 419, 420, and IT Act Section 66, and warned the public against sharing banking credentials with online advertisers.
mix957gr.com
· 2025-12-08
A 72-year-old Michigan woman lost $40,000 after scammers posing as federal agents convinced her that her money was at risk due to identity theft and bank insolvency, then persuaded her to withdraw her life savings for "safekeeping." When the two men from Illinois attempted to return a week later for more money, an alert neighbor reported the activity to authorities, leading to their arrest. Authorities urge the public to verify the identities of anyone claiming to be law enforcement or government officials before providing personal information or transferring funds.
wgrd.com
· 2025-12-08
A 72-year-old Michigan woman lost $40,000 after scammers posing as federal agents convinced her that her life savings were at risk due to identity theft and bank insolvency, then persuaded her to withdraw the cash for "safekeeping." When the perpetrators returned a week later seeking additional funds, an alert neighbor reported them to authorities, leading to the arrest of two men from Illinois. Authorities stress the importance of verifying the identities of anyone claiming to represent law enforcement or government agencies before transferring funds or sharing personal information.
choice.com.au
· 2025-12-08
A CHOICE survey of 280 scam victims in Australia found that four out of five victims reported their banks failed to flag suspicious transactions before money was transferred to scammers, and about half received inadequate support afterward. Australians lost $2.7 billion to scams last year, with over half of initial contact occurring on websites or social media platforms, yet banks and tech companies face minimal consequences while victims often suffer shame and financial loss with little recourse for recovery.
khaleejtimes.com
· 2025-12-08
A WhatsApp-based fake job scam has defrauded an estimated Dh400 million from thousands of victims globally, according to cybersecurity firm CloudSEK. The scheme lures victims with promises of easy money for simple tasks like rating restaurants on Google Maps, then requires increasingly larger upfront payments to complete higher-paying tasks, ultimately preventing withdrawals through additional fees or endless new tasks. A Dubai hotelier lost nearly her entire life savings of Dh66,000 to the scam after paying Dh46,000 in deposits and an additional Dh20,000 in fraudulent "taxes."
herald-review.com
· 2025-12-08
A Mount Zion woman was charged with stealing over $100,000 in cash and property from an elderly female victim between May 2022 and July 2023. Ali L. Fisher, 31, faces two counts including financial exploitation of an elderly person and obtaining control of property through deception, with the alleged theft totaling more than $40,000 in additional cash. Fisher was arrested on May 14 and released on pretrial release pending a preliminary hearing scheduled for June 24 in Macon County Circuit Court.
richmondmagazine.com
· 2025-12-08
Teens are the fastest-growing victims of online scams, with losses to those 20 and younger increasing from $8.2 million in 2017 to $210 million by 2022, according to the FBI. Common scams targeting teens include phishing emails, deceptive pop-up ads, direct message offers, and catfishing schemes on social media platforms like Facebook, Instagram, and Snapchat. Parents and educators can reduce risk by teaching teens to verify sources, recognize red flags like poor grammar and suspicious links, adjust privacy settings, and maintain open communication about online dangers.
cointelegraph.com
· 2025-12-08
Scammers are targeting Canadian dating app and website users with sophisticated crypto romance and investment scams, where fraudsters build fake relationships or pose as investment advisers to convince victims to invest in bogus crypto schemes on fraudulent platforms. Once victims deposit funds, they can only withdraw small amounts to create legitimacy, after which their money becomes locked and inaccessible after identity compromise. In 2023, Canadians lost $309.4 million to investment fraud, with $172 million stemming from social media-related schemes, prompting warnings from the Canadian Anti-Fraud Centre and Canadian Investment Regulatory Organization.
freep.com
· 2025-12-08
Based on 2023 FTC data, the five most-impersonated brands in scams are Best Buy's Geek Squad, Amazon, PayPal, Microsoft, and Publishers Clearing House, with Microsoft impersonation scams causing the highest financial losses at $60 million and Publishers Clearing House scams at $49 million. Common scams include fake tech support pop-ups claiming to be from Microsoft that trick victims into calling scammers, and fraudulent calls impersonating Publishers Clearing House claiming victims have won prizes and must pay upfront fees or taxes; some victims have lost hundreds of thousands of dollars to these schemes.
prweb.com
· 2025-12-08
According to an FBI report, Americans over 60 experienced elder fraud crimes at record levels, with victims losing an estimated $3.4 billion in reported losses. Common scams targeting seniors include the grandparent scam (impersonating grandchildren claiming arrest), sweepstakes fraud requiring upfront payment, gift card serial number schemes, and government imposter fraud. Elderwerks, a Palatine, Illinois nonprofit, is hosting free educational presentations on scam prevention and identity theft protection to help seniors and caregivers recognize and avoid these crimes.
justice.gov
· 2025-12-08
A 70-year-old Jackson resident agreed to a civil court order permanently prohibiting her from participating in romance scams after acting as a money transmitter for an international fraud ring. Holly Locke received packages of money from multiple victims and forwarded the funds to her online romantic partner, unknowingly facilitating fraud against people who believed they were helping their own romantic partners. This civil consent decree marks the first of its kind in the Eastern District of Michigan and is part of a broader Department of Justice effort to disrupt international romance scam operations targeting U.S. citizens.
cgsentinel.com
· 2025-12-08
Elder fraud complaints to the FBI's Internet Crime Complaint Center increased 14 percent in 2023, with victims aged 60 and over losing $3.4 billion total and an average of $33,915 per victim. Tech support scams were the most commonly reported type of elder fraud, while investment scams proved the costliest, exceeding $1.2 billion in losses, with over 12,000 victims also targeted through cryptocurrency schemes. Oregon specifically saw elderly residents lose $44 million in 2023, with scammers exploiting older Americans' relative lack of technological proficiency.
menafn.com
· 2025-12-08
A Dubai hotelier lost her entire life savings of nearly Dh66,000 to a fake task-completion job scam that operates via WhatsApp, promising easy money for rating restaurants and completing online shopping orders. The scam uses a "trust-building" model: victims complete initial low-value tasks that pay out, then are progressively asked to pay larger top-up fees to unlock higher commissions before finally being prevented from withdrawing their funds through invented tax demands or endless new task requirements. This particular scam has defrauded thousands globally of an estimated Dh400 million according to cybersecurity firms.
kwbu.org
· 2025-12-08
Teresa Gingles, a geriatric physical therapist, founded the nonprofit Better At Last to address elder fraud, which disproportionately affects older Americans who lost an average of $33,000 per victim to scams in 2023. The organization is hosting a free "Protect Yourself!" conference on June 7 at the Waco Convention Center featuring 20+ speakers including fraud experts and law enforcement to educate seniors on protecting themselves against tech support scams, romance scams, investment fraud, and other schemes. The conference emphasizes community connections and trusted relationships as key defenses against elder fraud.
wlos.com
· 2025-12-08
This educational article addresses the rising trend of financial scams targeting elderly people and emphasizes that knowledge and community vigilance are key defenses. It recommends that seniors protect themselves by exercising caution with unsolicited communications, utilizing security software, maintaining strong passwords, monitoring financial statements regularly, and reporting suspected fraud to the FTC and local authorities. The article also encourages families and communities to stay informed about common scams through trusted resources like the FBI and National Elder Fraud Hotline (1-833-FRAUD-11).
oodaloop.com
· 2025-12-08
Malachi Mullings, 31, was sentenced to 10 years in prison for laundering over $4.5 million through business email compromise and romance scams conducted between 2019 and June 2021. Mullings used 20 fraudulent bank accounts under the fake company name "The Mullings Group LLC" to process stolen funds from schemes targeting elderly individuals, healthcare benefit programs, and private companies.
wokv.com
· 2025-12-08
In 2022, Florida's population aged 60 and over lost over $328 million to fraud, with 8,480 victims averaging $38,693 in losses per person—ranking the state ninth nationally. Investment scams were the most costly fraud type nationally ($400 million), followed by business impostor and romance scams, with online fraud and bank transfers being the primary methods used by scammers to target and steal from older adults.