Search
Explore the Archive
Search across 19,276 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.
3,332 results
in Tech Support Scam
mishtalk.com
· 2025-12-08
AI tools like ChatGPT are enabling scammers to create convincing phishing emails, imitate voices and identities, and automate fraud schemes that bypass traditional red flags like poor grammar. Criminals can now use AI to target larger groups with personalized information, forge identification documents, and rapidly test stolen passwords across multiple platforms, making these scams significantly harder for individuals and banks to detect. Financial institutions like JPMorgan Chase are deploying AI-based fraud detection systems and increasing customer education, while experts recommend protective measures such as credit freezes and password hygiene to mitigate risk.
wvnews.com
· 2025-12-08
A U.S. Navy veteran from West Virginia lost nearly $2 million when Sam Bunner, a caretaker who befriended him at a local American Legion, obtained power of attorney and systematically emptied his bank and investment accounts and sold his real estate, exploiting the victim's declining cognitive abilities; Bunner was sentenced to 10 years in federal prison. The article notes that West Virginia seniors are particularly vulnerable to both caretaker/family fraud and stranger scams (including tech support, romance, investment, and government impersonation schemes), and recommends protective measures such as resisting urgency, avoiding online money transfers, carefully granting power of attorney, using trusts with restrictions
theintelligencer.net
· 2025-12-08
A U.S. Navy veteran from West Virginia lost nearly $2 million when his caretaker, Sam Bunner, used a power of attorney to drain his bank and investment accounts and sell his real estate; Bunner was sentenced to 10 years in federal prison. The article highlights that seniors in West Virginia face significant vulnerability to both caregiver fraud and stranger scams (tech support, romance, and government impersonation schemes), with recent AI advances making these scams harder to detect. The U.S. Attorney's Office recommends resisting urgency, avoiding unsolicited money transfers, securing valuables, and carefully limiting power of attorney authority to protect vulnerable adults.
southfloridareporter.com
· 2025-12-08
This educational piece examines why older adults are vulnerable to financial fraud and exploitation. In 2021, over 90,000 seniors fell victim to fraud totaling $1.7 billion in losses (a 74% increase from 2020), with perpetrators often being family members, caregivers, or friends rather than strangers. Research shows that age-related cognitive decline, emotional factors (like loneliness and isolation), lower digital literacy, and reduced ability to detect deception through body signals all contribute to heightened susceptibility, with some evidence suggesting financial exploitability may be an early marker of cognitive diseases like Alzheimer's.
weirtondailytimes.com
· 2025-12-08
A U.S. Navy veteran in West Virginia lost nearly $2 million when Sam Bunner, a caretaker who befriended him at a local American Legion, obtained power of attorney and emptied his bank and investment accounts and sold his real estate. The article outlines common elder fraud threats in West Virginia—including caretaker theft, romance and tech support scams from strangers, and family member exploitation—and provides protective measures such as resisting pressure to act quickly, avoiding unsolicited online money transfers, and securing valuables and documents when in-home care is needed.
timesleaderonline.com
· 2025-12-08
A U.S. Navy veteran in West Virginia lost nearly $2 million when his caretaker, Sam Bunner, obtained power of attorney and emptied his bank and investment accounts; Bunner was sentenced to 10 years in federal prison. Senior citizens in West Virginia are frequently targeted by both strangers (tech support scams, romance scams, government impersonation) and trusted individuals (family members, caregivers) who exploit their longevity, savings, and trusting nature. To protect against such fraud, individuals should resist pressure to act quickly, avoid sending money to online contacts, carefully consider power of attorney arrangements, and secure valuables and financial documents from in-home caregi
zeenews.india.com
· 2025-12-08
A 60-year-old retired investor from Mumbai lost Rs 2.56 crore in an online share trading scam that began in December 2023 when scammers added him to a WhatsApp group posing as representatives of an American investment company. The fraudsters used a fake website with a virtual trading account showing false profits to gradually convince the victim to invest incrementally, starting with Rs 50,000 in February, and later demanded an additional 20% investment to cover claimed stock market losses. When the victim requested a refund, his account access was blocked and the scammers became unreachable, prompting him to file a police complaint.
abc.net.au
· 2025-12-08
Harriet Spring lost $1.6 million of her elderly mother's life savings to scammers impersonating ING bank over several months of phone calls and emails, with the funds eventually transferred through multiple Australian banks and becoming untraceable. Despite her mother's bank questioning the unusual transfer to a Westpac "holding account" and confirming ING was not offering the advertised rate, the bank did not warn her of potential fraud before processing the transaction. Spring is now advocating for government action and bank accountability, as Australians lost $2.7 billion to scams in the previous year.
ca.news.yahoo.com
· 2025-12-08
Consumer group Which? warns that "pig-butchering" romance scams are among the most convincing frauds seen this year, with victims losing thousands of pounds through fake investment schemes. Additional emerging threats include fake missing person appeals on social media, phishing emails impersonating PayPal, and malware-laden apps that compromise smartphone security.
goldrushcam.com
· 2025-12-08
In June 2024, the U.S. Attorney's Office and San Diego FBI recovered over $3.3 million in a coordinated operation targeting fraud schemes against seniors, obtaining more than 40 seizure warrants for $5.6 million since January 2024. The effort highlights California's disproportionate cyber fraud problem, with the state leading the nation in both victim count (over 77,000 in 2023) and losses ($2.1 billion), and emphasizes the need for early reporting of suspected fraud to interrupt transactions before funds are transferred. Common schemes targeting elderly victims include cryptocurrency investment scams (highest losses) and tech support/government impersonation scams
tradingview.com
· 2025-12-08
A MakerDAO governance delegate lost $11 million in aEthMKR and Pendle USDe tokens on June 23 after falling victim to a phishing scam that tricked them into signing multiple permit signatures, enabling scammers to access and drain the wallet. The incident highlights the growing prevalence of "approval phishing" attacks in crypto, where victims unknowingly grant scammers permission to transfer their digital assets. Phishing scams drained $300 million from 320,000 users in 2023 alone, with some individual cases exceeding $24 million in losses.
cointelegraph.com
· 2025-12-08
A MakerDAO governance delegate lost $11 million in cryptocurrency tokens (aEthMKR and Pendle USDe) in a phishing scam on June 23 after signing multiple fraudulent signatures that granted scammers access to their wallet. The incident highlights the growing threat of "approval phishing," a technique where victims are tricked into authorizing transactions that allow criminals to drain funds, with phishing scams having stolen $300 million from over 320,000 users in 2023 alone.
wng.org
· 2025-12-08
The U.S. State Department released an annual report highlighting how human traffickers are exploiting encrypted messaging, digital currencies, social media, and online platforms (dating apps, gaming sites, fake job websites) to recruit and exploit victims, while a growing trend involves trafficking people for organ harvesting. Law enforcement and NGOs are countering these efforts using artificial intelligence, data analytics, and monitoring of online platforms, with recent international operations resulting in multiple arrests and seizures of trafficking infrastructure. The report notes that traffickers target not only women and girls but also children, with thousands of teenagers annually becoming victims of sextortion scams demanding money in exchange for not publicizing sexual images.
wvnews.com
· 2025-12-08
A U.S. Navy veteran from Charles Town lost nearly $2 million to Sam Bunner, a caretaker who befriended him at the American Legion, obtained power of attorney, and systematically emptied his bank and investment accounts while selling his real estate; Bunner was sentenced to 10 years in federal prison. The article highlights that West Virginia seniors face significant risks from both caretakers and strangers perpetrating scams including tech support schemes, romance scams, government impersonation, and family member theft, with artificial intelligence making these schemes increasingly difficult to detect. Protective measures include resisting pressure to act quickly, avoiding sending money to online contacts, limiting power of attorney authority,
heraldmailmedia.com
· 2025-12-08
A U.S. Navy veteran in West Virginia lost nearly $2 million after his caregaker, Sam Bunner, obtained power of attorney and emptied his bank, investment, and real estate accounts; Bunner was sentenced to 10 years in federal prison. West Virginia experiences high rates of elder fraud involving both strangers (tech support scams, romance scams, government impersonation) and known individuals (caregivers, family members), targeting the state's large senior population. The U.S. Attorney's Office recommends resisting pressure to act quickly, avoiding unsolicited money transfers, limiting power of attorney authority, securing valuables during in-home care, and reporting suspected sc
audacy.com
· 2025-12-08
In 2023, elder fraud complaints increased 14% with total losses exceeding $3.4 billion, averaging $33,915 per victim, with tech support and investment scams identified as major threats causing over $1.2 billion in losses. Authorities recommend verifying identities during emergencies and using trusted contacts for financial accounts, while suspected victims should report incidents to the FBI or submit complaints online.
consumerfinancemonitor.com
· 2025-12-08
On June 14, 2024, President Biden declared June 15th World Elder Abuse Awareness Day, prompting FinCEN to remind financial institutions to vigilantly identify and report elder financial exploitation. FinCEN's analysis of 155,415 suspicious activity reports revealed approximately $27 billion in EFE-related suspicious activity between June 2022 and June 2023, while the FBI's 2023 Elder Fraud Report documented over $3.4 billion in losses affecting more than 101,000 victims aged 60 and over, with tech support scams being most prevalent and investment scams causing the greatest financial harm. FinCEN and the
elpasoinc.com
· 2025-12-08
An 87-year-old El Paso resident lost approximately $10,000 after falling victim to a tech support scam impersonating Microsoft, during which scammers convinced her she had fraudulent Amazon charges and obtained her personal financial information. El Paso experienced 93 elder fraud reports totaling $6.2 million in losses this year, with the FBI noting that common schemes include investment scams, tech support scams, government impersonation, and romance scams—many originating from organized crime rings in Eastern Europe and Africa. The FBI reports that nationwide, seniors over 60 filed 101,068 fraud complaints in 2023 resulting in $3.
pymnts.com
· 2025-12-08
AI-powered scams targeting travelers have surged, with fraudsters using generative AI to create convincing fake travel websites and listings that steal credit card information or install malware on devices. According to a McAfee report, 30 percent of adults have fallen victim to or know someone who has fallen victim to online travel scams. Experts recommend paying only through official websites, avoiding suspiciously low prices, researching unfamiliar sites, and being wary of generic reviews and missing contact information to protect against these increasingly sophisticated threats.
travelnews.co.za
· 2025-12-08
Booking.com reported a 500-900% increase in online accommodation scams over the past 18 months, with artificial intelligence enabling scammers to create convincing phishing emails that mimic legitimate booking platforms and target unsuspecting travelers. Scammers exploit property listing aggregators by posing as hosts, collecting payment for fake accommodations, and disappearing with the funds. Booking.com's Internet Safety Boss recommended that hotels and travelers implement additional security checks to protect themselves, while noting that AI technology is also being used to detect and remove fraudulent listings.
siliconeer.com
· 2025-12-08
In 2023, Americans aged 60 and older lost $3.4 billion to fraud, with California accounting for over $620 million across 11,000+ reports, and monolingual Chinese seniors in the Bay Area facing particularly high risk. Common scams targeting elders include investment fraud (especially cryptocurrency), tech support scams, romance scams, and impersonation schemes (often posing as government officials), with typical victims losing over $33,000. Experts recommend immediate reporting to financial institutions and law enforcement (FBI at 1-800-CALLFBI), noting that shame, language barriers, and fear of retaliation prevent many victims—particularly Asian Americans—from coming forwar
jdsupra.com
· 2025-12-08
On June 14, 2024, President Biden declared June 15th World Elder Abuse Awareness Day, prompting FinCEN to remind financial institutions to identify and report elder financial exploitation (EFE). Between June 2022 and June 2023, approximately $27 billion in EFE-related suspicious activity was reported through Bank Secrecy Act filings, with the FBI's 2023 data showing that individuals aged 60 and over reported over $3.4 billion in fraud losses (averaging $34,000 per victim), with tech support scams being the most commonly reported type and investment scams causing the greatest financial harm. Financial institutions are expecte
itpro.com
· 2025-12-08
Nearly two-thirds of finance professionals have been targeted by deepfake fraud, with 44% actually falling victim, according to new research by Medius. Cybercriminals are using AI-generated audio impersonating C-suite executives to trick finance employees into making unauthorized payments to fraudulent suppliers, with a notable case in which Arup's employee transferred £20 million to scammers. The research reveals critical vulnerabilities: 80% of finance workers said they would authorize payments based on a CEO or CFO's call, yet only 16% prioritize deepfake protection and just 5% are aware of defensive technology being used.
tech.hindustantimes.com
· 2025-12-08
A 33-year-old woman from Udupi, Karnataka lost ₹7.9 lakh in a FedEx courier scam where fraudsters impersonating FedEx officials and Mumbai Police claimed her parcel contained illegal items (passports, debit cards, and MDMA drugs) and demanded money for police verification via Skype. The scam exploits victims by creating false urgency around seized parcels and fake law enforcement involvement to extract payments, though legitimate authorities never demand money for criminal verification purposes.
indiatoday.in
· 2025-12-08
A businessman from Cherthala, Kerala, lost Rs 7.55 crores over two months in an online investment scam where fraudsters impersonating Invesco Capital and Goldman Sachs representatives promised high returns on share trading and then froze his account, demanding additional funds to unfreeze it. Police are investigating the case and have warned the public to verify investment firm credentials, be skeptical of unusually high returns, use only regulated platforms, and report suspected scams immediately to authorities.
thestar.com.my
· 2025-12-08
Romance scams using deepfake technology to impersonate others during video calls are emerging as a major threat, with the FBI reporting over $652 million in losses from romance and confidence scams in the US in 2023. Criminal groups known as "Yahoo Boys," primarily based in Nigeria, are using AI-generated fake video and audio to deceive victims into sending money by posing as romantic interests. To protect themselves, people should avoid sending money to strangers, secure their social media privacy settings, use secure communication channels, and report suspicious activity to authorities.
goldendalesentinel.com
· 2025-12-08
Americans age 60 and older lost more than $3 billion to scammers in 2023, with the FBI reporting a 14% increase in complaints and an 11% rise in financial losses compared to 2022. Older adults face heightened vulnerability due to factors including greater trust, financial assets, and lower comfort with technology, with tech-support scams being the most commonly reported fraud type and investment scams causing the largest financial losses. Beyond monetary damage, elder fraud causes significant psychological harm including shame, trauma, and erosion of trust, making prevention education critical to combating what experts characterize as an epidemic.
telegram.com
· 2025-12-08
Elder fraud losses in the FBI-Boston Division reached $89.6 million across 2,689 victims in 2023, with Massachusetts accounting for $63.7 million of those losses, and financial fraud targeting adults over 60 increasing by double digits. The most common scams include tech support, romance, investment, and government impersonation schemes, with investment scams showing the sharpest growth (419% increase in losses from 2021-2023, largely driven by cryptocurrency fraud). The FBI emphasizes that actual losses are likely higher due to underreporting and recommends that seniors avoid unsolicited contacts, resist pressure to act quickly, never share personal information with un
hampshirereview.com
· 2025-12-08
A U.S. Navy veteran and federal employee from Charles Town lost nearly $2 million after befriending Sam Bunner at a local American Legion; Bunner, recognizing the veteran's cognitive decline, obtained power of attorney and systematically emptied his bank and investment accounts and sold his real estate, resulting in Bunner's 10-year federal prison sentence. The article highlights common elder fraud schemes in West Virginia, including caretaker theft, romance and tech support scams, government impersonation, and family member exploitation, while recommending protective measures such as resisting urgency, avoiding online money transfers, limiting power of attorney authority, and securing valuables for in-home care situations.
bostonglobe.com
· 2025-12-08
Fraud targeting people aged 60 and older increased 11 percent nationwide last year, resulting in $3.4 billion in total losses, with Massachusetts accounting for $63.6 million across 1,610 reported victims. Common schemes include tech support scams, romance scams, investment fraud, and government impersonation, with the average victim losing nearly $34,000; the FBI warns that actual numbers may be higher since only half of complaints include victim ages, and scammers are increasingly employing artificial intelligence tactics.
heraldnews.com
· 2025-12-08
Elder fraud in the New England region resulted in $89.6 million in reported losses across Maine, Massachusetts, New Hampshire, and Rhode Island in 2023, with Massachusetts accounting for $63.7 million of that total, though the FBI estimates actual losses are significantly higher due to underreporting. The FBI-Boston reports a double-digit increase in financial fraud targeting adults over 60, with investment scams showing the sharpest growth (victimization up 209% and losses up 419% from 2021-2023), largely driven by cryptocurrency schemes, alongside common scams including tech support, romance, and government impersonation fraud. The FBI recommends elderly individuals and their families be
wibx950.com
· 2025-12-08
Credit One Bank issued a public warning about imposter scams in which fraudsters contact victims via phone, text, or email while impersonating trusted individuals or company employees, using caller ID spoofing to appear legitimate, and requesting personal or financial information. The scams employ social engineering tactics such as building trust or using scare tactics to extract sensitive data like credit card numbers, expiration dates, and online banking credentials. Credit One advises customers to recognize that legitimate financial institutions never request such information and to verify any suspicious contact by calling the number on the back of their credit card.
indiatoday.in
· 2025-12-08
WhatsApp has become a platform for investment scams in India, with victims losing lakhs of rupees to fraudulent schemes. Scammers use a multi-step method: contacting users with fake job or investment offers, adding them to groups posing as legitimate financial firms, directing them to fake websites showing false profits, and then blocking account access while demanding additional payments for withdrawals. Notable cases include a 60-year-old retired Mumbai resident who lost Rs 2.56 crore and a 35-year-old Coimbatore bank manager who lost Rs 48.57 lakhs.
indiatoday.in
· 2025-12-08
PAN card fraud—where scammers misuse individuals' Permanent Account Numbers to commit identity theft, open fraudulent accounts, secure unauthorized loans, or file fake tax returns—is rising in India, with recent high-profile victims including actor Rajkummar Rao and actress Nagma Morarji who lost Rs 1 lakh. To protect yourself, regularly monitor credit reports, bank statements, and tax filings for unauthorized activity, and report suspected misuse immediately to police (FIR), your bank, and the Income Tax Department through their e-filing portal or by contacting your Assessing Officer.
homenewshere.com
· 2025-12-08
The Middlesex Sheriff's Office and Winchester Housing Authority partnered on June 20 to present a scam awareness and prevention program as part of the L.E.A.R.N. initiative, educating local residents—particularly seniors—on recognizing common and emerging frauds. The presentations covered government imposter scams, grandparent scams, check washing, and romance scams, emphasizing red flags such as requests for pre-paid gift cards and encouraging residents to seek help without shame if they suspect they've been targeted.
fedweek.com
· 2025-12-08
**Summary:**
In 2023, the FBI reported an 11 percent overall increase in fraud complaints, with a 14 percent surge in scams targeting adults 60 and older, who lost $3.4 billion of the $12.5 billion in total reported losses. Tech support fraud was the leading crime affecting seniors with nearly 18,000 complaints and $600 million in losses, while investment scams proved costliest at over $1.2 billion, and call center schemes disproportionately impacted older adults who lost almost $770 million—more than all other age groups combined, with some victims reportedly taking their own lives. The FBI recommends resisting pressure to
lowndessignal.com
· 2025-12-08
Internet-enabled scams like spoofing and phishing allow criminals to impersonate trusted sources and steal personal and financial information from victims. Law enforcement recommends three prevention strategies: never provide personal information or payment via gift cards to unsolicited callers, avoid engaging with unknown calls and suspicious links, and verify caller identity by independently contacting the organization through official channels. Victims can report scams to the Federal Trade Commission at reportfraud.ftc.gov or 877-382-4357, or to local law enforcement.
interpol.int
· 2025-12-08
Operation First Light 2024, a global police operation spanning 61 countries, disrupted transnational online scam networks by freezing 6,745 bank accounts, seizing USD 257 million in assets, and arresting 3,950 suspects involved in phishing, investment fraud, romance scams, and impersonation schemes. Notable successes included recovering AUD 5.5 million (USD 3.7 million) for an Australian impersonation scam victim and saving a 70-year-old Singapore resident from losing SGD 380,000 (USD 281,200) in a tech support scam, while also rescuing 88 you
vallartadaily.com
· 2025-12-08
**Summary:**
The FBI reported a rise in timeshare fraud scams primarily targeting older Americans who own part-time properties. Criminals deceive timeshare owners into paying substantial sums of money under false pretenses related to their properties, constituting a form of elder fraud aimed at extracting cash or cryptocurrency from senior victims.
yahoo.com
· 2025-12-08
Elder fraud losses in the Boston FBI Division (Maine, Massachusetts, New Hampshire, and Rhode Island) totaled $89.6 million across 2,689 victims in 2023, with national losses reaching $1.6 billion from January to May 2024—a significant increase from the prior year. The most common scams targeting seniors include tech support, romance, investment, and government impersonation schemes, with investment scams involving cryptocurrency showing a particularly sharp rise of 419% in losses between 2021-2023. The FBI emphasizes that actual losses are likely higher due to underreporting and recommends elders be cautious of unsolicited contact, resist pressure
santaclaritamagazine.com
· 2025-12-08
AI-driven scams targeting seniors employ various deceptive tactics including robocalls impersonating banks, fake tech support claims, AI-generated personas, fraudulent websites, and healthcare fraud schemes that exploit older adults' unfamiliarity with technology. Protection strategies include verifying unsolicited calls through official channels, using only reputable tech support, avoiding sharing personal information online, shopping only from trusted sources, and establishing family passwords to verify the identity of callers claiming to need help.
rbcroyalbank.com
· 2025-12-08
**Grandparent/Emergency Scam**
In 2023, the Canadian Anti-Fraud Centre reported the grandparent scam caused $11.3 million in losses, making it one of the top 10 frauds by dollar loss, though actual losses are likely higher due to underreporting. The scam involves fraudsters impersonating a grandchild (often using voice-altering technology or spoofing caller IDs) claiming to be in an emergency—injured, arrested, or in trouble abroad—and urgently requesting money while instructing the senior not to tell anyone. To protect against this highly effective scam that exploits seniors' emotional vulnerability,
techbullion.com
· 2025-12-08
The IRS has issued a warning about escalating scams targeting seniors, who are particularly vulnerable to impersonation, phishing, spoofing, and lottery scams that exploit trust and create urgency. Common tactics include fraudsters posing as IRS agents via phone, email, or text to threaten legal action or extract personal information and money through gift cards or wire transfers. The IRS recommends seniors verify caller identity before sharing information, report suspicious activity to the IRS and FTC, and stay informed about scam tactics to protect themselves from financial exploitation.
therecord.media
· 2025-12-08
International law enforcement from 61 countries conducted Operation First Light, arresting over 3,900 suspects and seizing $257 million in assets obtained through phishing, investment fraud, romance scams, and impersonation scams. The operation identified an additional 14,600 suspects, froze 6,745 bank accounts, and recovered millions for victims, including $3.7 million for an Australian impersonation scam victim and $281,200 saved for a 70-year-old targeted in a tech support scam. Police also rescued 88 youths in Namibia who were forced to conduct scams as part of international criminal networks.
cxotoday.com
· 2025-12-08
This educational article outlines common financial fraud tactics and prevention strategies, noting that bank frauds in India exceeded 302.5 billion rupees in fiscal year 2023. Key warning signs include unsolicited contact, pressure to act quickly, requests for personal information, unrealistic investment promises, and demands for payment via unconventional methods. The article recommends staying informed about scams, verifying identities before sharing information, using strong passwords, enabling two-factor authentication, and being cautious with app downloads to protect against fraud.
microsoft.com
· 2025-12-08
Celebrity scams use artificial intelligence tools like deepfakes and voice cloning to impersonate trusted public figures and celebrities, tricking victims into investing money, sharing personal information, or signing up for fraudulent platforms. To identify these scams, consumers should examine deepfake videos for unnatural movements, facial expressions, background distortion, and verify sources through official channels, while also recognizing red flags in voice cloning scams such as unusual speech patterns and urgent requests for personal information. These scams pose significant risks to victims' identity and finances.
timesnownews.com
· 2025-12-08
A 62-year-old woman from Thane, Maharashtra lost Rs 1.5 crore (approximately $1.8 million USD) between April and June 2024 to a cyber fraud scheme promising high investment returns. Seven accused individuals contacted the victim via fake investment platform links and a WhatsApp group, gradually building trust before convincing her to invest Rs 1,45,35,600, after which she received no returns and reported the case to police. The incident underscores the importance of skepticism toward unrealistic investment promises, verification of secure connections, and thorough research before committing funds.
thehindu.com
· 2025-12-08
A 31-year-old software engineer in Hyderabad lost ₹18 lakh (~$21,600 USD) to a parcel scam in which fraudsters impersonated FedEx and falsely claimed his Aadhaar card was used to transport illegal drugs, demanding he transfer funds for "verification" with the Ministry of Finance. A constable at the National Cybercrime Reporting Portal registered the complaint and escalated it to the victim's bank within 11 minutes, successfully blocking the entire transaction before the funds were withdrawn.
timesofindia.indiatimes.com
· 2025-12-08
A 62-year-old woman from Thane lost approximately Rs 1.5 crore after being lured into an investment scam between April and June, where seven accused individuals promised high returns through WhatsApp groups and fraudulent links. Seven suspects have been identified and charged under the IPC and IT Act. The article advises potential victims to avoid unrealistic investment promises, verify secure website connections (HTTPS), research trading platforms thoroughly, and watch for red flags such as pressure to act quickly or requests for personal information.
southfloridareporter.com
· 2025-12-08
In Operation First Light 2024, international police coordinated by Interpol arrested 3,950 people and seized $257 million in assets from online scammers engaged in phishing, investment fraud, fake shopping sites, and romance scams. The operation aims to disrupt transnational organized crime networks at a time when U.S. authorities report consumers lost over $10 billion to online fraud in the previous year.