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businessinsider.com
· 2025-12-08
Mastercard developed an AI fraud-detection system in partnership with UK banks (Lloyds, NatWest, TSB) to identify authorized-push-payment fraud, where scammers impersonate trusted figures to convince victims to transfer money. The AI system analyzes transaction patterns, account relationships, and suspicious behaviors in real-time to alert banks before fraud occurs, with results suggesting it could prevent an estimated £100 million ($126 million) in fraud losses across the UK banking sector if scaled broadly.
abnnewswire.net
· 2025-12-08
Refundaroo, a financial recovery organization founded in 2020, helps scam victims worldwide retrieve stolen funds using a team of lawyers, forensic accountants, and ex-military personnel. The company has recovered over $5 million in 2023 alone and reports that Australian scam losses reached $2.74 billion in 2023, with investment scams causing the most harm at $1.3 billion. Refundaroo offers an online case-tracking portal and maintains a database to help individuals verify company legitimacy and avoid fraudulent schemes.
katytimes.com
· 2025-12-08
Members Choice Credit Union released awareness tips for Older Americans Month highlighting common scams targeting seniors, including grandparent scams, intimidation scams impersonating authorities, text message scams, freebie scams, and romance scams. The organization provided prevention strategies for each scam type and recommended that family members monitor elderly relatives' financial activity, set up fraud alerts, encourage password changes, and utilize resources like AARP's elder fraud guidelines.
azcentral.com
· 2025-12-08
According to an FTC report, scammers most frequently impersonate Best Buy's Geek Squad (52,000 reports in 2023), followed by Amazon, PayPal, Microsoft, and Publishers Clearing House, using methods including fraudulent emails, phone calls, and social media to pressure victims into urgent action. Microsoft impersonators caused the highest financial losses, exemplified by a Mesa resident who lost nearly her entire life savings after being directed to a fake support line and tricked into depositing $25,000 in Bitcoin. Consumers can protect themselves by recognizing red flags such as demands for cryptocurrency payments, pressure to act immediately, and unsolicited contact, and should verify company ident
wbay.com
· 2025-12-08
In 2023, scammers impersonated well-known companies in fraud schemes that cost consumers over $600 million, with Best Buy/Geek Squad being the most frequently impersonated company (52,000 reports, $15 million in losses) and Microsoft impersonation scams causing the largest financial impact ($60 million lost). The Federal Trade Commission finalized a new rule in April 2024 that strengthens enforcement tools against business impersonation scams, including the ability to file federal court cases to recover money for victims and impose civil penalties on violators.
whmi.com
· 2025-12-08
Michigan Attorney General Dana Nessel warned consumers about a widespread Venmo scam where fraudsters "accidentally" send money to users and then request repayment, exploiting stolen funds that are later reversed. The AG advised consumers never to return such funds and instead report the error to Venmo, as refunding money linked to fraudulent charges results in the innocent user bearing the financial loss. The alert also detailed other P2P payment app scams including impersonation of banks and merchants, and recommended consumers never share personal information and treat P2P payments like cash.
states.aarp.org
· 2025-12-08
Medicare is a frequent target for criminal scammers, with the Senior Medicare Patrol reporting three prevalent scams in 2024: false billing for diabetes treatments and devices that were never received, offers of free products that are either never delivered or of poor quality, and fraudulent free genetic testing at health fairs used to obtain Medicare numbers. To protect themselves, beneficiaries should carefully review their monthly Medicare statements for unauthorized charges, never share their Medicare number with anyone except healthcare providers, and report suspected fraud to local law enforcement or the AARP Fraud Watch Network.
tristatealert.com
· 2025-12-08
Maryland Attorney General Anthony G. Brown warned consumers about the rising threat of imposter scams that use sophisticated technologies, including AI-generated voices, to impersonate trusted figures such as government officials, bank representatives, law enforcement, and family members in order to steal money or personal information. Common scam types include government imposters threatening fines or arrest, family/friend imposters claiming emergencies, and tech support scams demanding payment for unnecessary repairs. To protect yourself, verify callers' identities by contacting organizations directly using official numbers, establish code words with family members, avoid sharing personal information, and report suspected scams to the Attorney General's Consumer Protection Division, FTC, or AARP Fraud Watch
finance.yahoo.com
· 2025-12-08
An AARP report found that 141.5 million U.S. adults (42%) have been victims of fraud, with those buying or selling homes facing elevated risk from cyber-thieves using peer-to-peer payment platforms, fake social media ads, and high-pressure tactics. Key protective measures include avoiding peer-to-peer payments with unknown vendors, using credit cards for online transactions, verifying service providers through official websites rather than unsolicited contacts, and confirming wire transfer instructions directly with legitimate lenders before sending funds.
independentri.com
· 2025-12-08
Narragansett, Rhode Island police warned residents about increasing social media scams, including impersonation, extortion, identity theft, romance schemes, and sweepstakes fraud. Detective James Wass reported that while the number of reported cases fluctuated between 10-18 annually from 2020-2023, losses peaked in 2021 at $614,466 before declining, suggesting scammers may be targeting smaller payouts. The department advised residents to be skeptical of unsolicited sweepstakes and to resist pressure to act quickly.
washingtonexaminer.com
· 2025-12-08
Pennsylvania's aging population faces growing elder fraud risk, prompting Rep. Joe Hogan to introduce House Bill 2064, which would allow banks to flag suspicious transactions, delay potentially fraudulent payments, and share information with law enforcement and area agencies on aging. The National Council on Aging reported nearly 90,000 fraud complaints in 2022 totaling over $3 billion in losses nationally, with common scams including government impersonation, grandparent schemes, and romantic fraud targeting vulnerable seniors. The legislation aims to protect elders through financial institution safeguards, public education, and coordination between banks and protective services.
justice.gov
· 2025-12-08
Former Epsilon Data Management executives Robert Reger and David Lytle were convicted of conspiracy and mail/wire fraud for knowingly selling targeted consumer data lists to perpetrators of mass-mailing fraud schemes over a 10-year period. The defendants used Epsilon's algorithms to identify millions of consumers most vulnerable to fraud, including elderly people, and sold approximately 100 lists to fraudster clients who sent deceptive letters falsely promising cash prizes and wealth. The case demonstrates corporate accountability for facilitating consumer fraud through the misuse of personal data and targeting vulnerable populations.
witl.com
· 2025-12-08
Scammers in Michigan are using Venmo and other peer-to-peer payment apps to defraud users by "accidentally" sending stolen money and then requesting it back; when Venmo's fraud detection catches the transaction, the recipient's account is charged back, leaving them liable for the loss. Michigan's Attorney General Dana Nessel advises recipients not to return such funds but instead contact Venmo support directly, and warns residents to avoid other P2P scams including fake fraud department calls and fraudulent bank alerts requesting personal information like Social Security numbers.
insurancenewsnet.com
· 2025-12-08
Medicare Fraud Prevention Week educates beneficiaries, caregivers, families, healthcare providers, and community members on protecting themselves and others from Medicare fraud, which costs the program an estimated amount annually. Key prevention strategies include monitoring Medicare statements for unauthorized services, safeguarding Medicare numbers, reviewing medical equipment shipments, and reporting suspicious activity to the Senior Medicare Patrol (SMP), which provides free resources and educational services to detect and report fraud, errors, and abuse. Individuals can contact the SMP at 1-800-963-5337 for questions and assistance with potential Medicare fraud concerns.
michigan.gov
· 2025-12-08
Michigan Attorney General Dana Nessel issued a consumer alert regarding a widespread Venmo scam in which fraudsters "accidentally" send stolen funds to users and then request the money be returned, ultimately causing financial loss when the fraudulent charges are reversed. The alert advises consumers never to return such transfers and to contact the payment service instead, and outlines additional P2P payment scams including impersonation of banks, phishing for personal information, fake business payment requests, and stolen credit card schemes. Victims can file complaints with the Federal Trade Commission or Michigan's Attorney General office.
cbs58.com
· 2025-12-08
A financial expert highlighted that criminals steal over $28 billion annually from seniors, noting that scammers often target older Americans due to their substantial savings and that most thefts are committed by acquaintances including family or caregivers. Three key red flags to watch for are sudden unexplained banking habit changes, unexpected alterations to financial documents, and unnecessary services. Legislation such as the Financial Exploitation Prevention Act is being pursued to help reduce senior fraud.
chicagofed.org
· 2025-12-08
Financial scams targeting older adults are rising, and while seniors are not more likely to be scammed than younger people, they experience greater harm when victimized. The Chicago Federal Reserve convened experts who identified key vulnerabilities—including declining financial literacy masked by high confidence, social isolation, and emotional manipulation tactics used by scammers—and recommended strategies such as consulting trusted advisors, establishing power of attorney, recognizing urgency/secrecy red flags, and approaching victims with sensitivity to shame and resistance.
crestviewbulletin.com
· 2025-12-08
Medicare Fraud Prevention Week (observed around June 5) educates Medicare beneficiaries, caregivers, families, and healthcare providers on protecting themselves from fraud, errors, and abuse through monitoring statements, protecting Medicare numbers, and reporting suspicious activity. The Senior Medicare Patrol (SMP) program offers free resources like My Health Care Trackers and educational support to help individuals detect and prevent Medicare fraud, which causes significant harm to both beneficiaries and the Medicare program.
fox43.com
· 2025-12-08
A Dauphin County resident was scammed out of $20,000 in a grandparent scam where they received a phone call claiming a family member was in legal trouble and needed money urgently. An older man posing as a "courier" later collected the cash from the resident's home, though the family member was confirmed to be in no actual legal trouble. Lower Swatara Township Police are seeking surveillance footage from the area and note this scam primarily targets senior citizens.
pennwatch.org
· 2025-12-08
The Pennsylvania Department of Banking and Securities hosted multiple educational presentations throughout June to help seniors and the public recognize and prevent financial fraud and elder abuse. Programs covered topics including elder financial abuse recognition, cybersecurity, identity theft prevention, and investment fraud awareness, with sessions delivered through interactive formats like Fraud BINGO in partnership with organizations such as AARP Pennsylvania and local libraries across the state.
azag.gov
· 2025-12-08
**Summary:**
Ariell Dix, age 37, was convicted of two felonies related to illegal control of an enterprise and sentenced to three and a half years in prison for her role in an Arizona Medicaid (AHCCCS) fraud scheme. Dix helped establish fraudulent clinics, obtained patient lists for illegal billing, and falsified records to enable the scheme, which defrauded the state of tens of millions of dollars between January 2019 and September 2021.
mlive.com
· 2025-12-08
A 70-year-old Jackson, Michigan woman was barred by federal court order in May 2024 from participating in romance scams after repeatedly serving as a "money transmitter" for fraudsters while also being victimized herself. Holly Locke received packages of money from scam victims and forwarded them to fraudsters she met online, beginning with someone in Ghana in 2022 who claimed to need funds for an orphanage; despite being warned by postal inspectors and signing a cease-and-desist order, she resumed the activity in May 2023 with new scammers met on Facebook. The consent decree, approved by U.S. District Judge Paul D.
desmoinesregister.com
· 2025-12-08
John F. Clarke, 55, a Des Moines man who targeted single women on dating sites by posing under aliases and gaining access to their phones and credit to purchase and resell electronics, was sentenced to up to 15 years in prison in Black Hawk County for probation violations connected to felony theft and lottery theft charges, with additional cases pending in other counties. Clarke had an extensive criminal history spanning decades with nearly two dozen felonies, and his arrest in December came after victims reported him on social media and law enforcement discovered he had expanded his scheme to multiple states including Minnesota, Missouri, and Wisconsin.
benzinga.com
· 2025-12-08
**Summary:**
Canadian authorities warned of a surge in "pig butchering" romance scams operating on dating apps and websites, where scammers build relationships with victims before redirecting them to fraudulent cryptocurrency investment platforms. In 2023, Canadians lost $309.4 million to investment fraud, with $172 million stemming from social media-related scams, and globally, such schemes have caused an estimated $75 billion in losses since 2020. The Canadian Anti-Fraud Centre and Canadian Investment Regulatory Organization urge citizens to be wary of cryptocurrency investment discussions with online matches and to report suspected fraud to authorities.
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.
nbcwashington.com
· 2025-12-08
Unpaid toll text message scams are rapidly increasing, targeting drivers across the country by falsely claiming outstanding toll balances and directing recipients to fraudulent websites designed to steal credit card and personal information. To protect themselves, recipients should avoid clicking suspicious links, verify toll accounts directly through official state websites, and freeze credit with all three bureaus if compromised. The Identity Theft Resource Center and FBI's Internet Crime Complaint Center track these incidents, which can result in identity theft and financial fraud.
nasdaq.com
· 2025-12-08
An AARP report found that 141.5 million American adults (42%) have been victims of fraud, with those buying or selling homes facing heightened risk from scammers using peer-to-peer payment apps, fake social media ads, and high-pressure tactics. Common scams targeting homebuyers include fake service provider ads on social media, unsolicited home warranty solicitations, wire transfer fraud, and account hacking, with experts recommending consumers verify service providers through official channels, avoid peer-to-peer payment apps for unfamiliar vendors, use credit cards for online purchases when possible, and monitor accounts for suspicious activity.
therecord.media
· 2025-12-08
Since January, cybercriminals have targeted college students and faculty with an advance fee scam offering free pianos, sending at least 125,000 messages claiming pianos were available due to circumstances like deaths in the family. When victims respond, scammers direct them to fake shipping company emails that request upfront payment via cryptocurrency or money transfer apps; once payment is sent, contact ceases. One Bitcoin wallet connected to the campaign contained over $900,000 in transactions, with researchers tracing at least one IP address to Nigeria.
autisticadvocacy.org
· 2025-12-08
A scam using the Autism Society of America Network's (ASAN's) name and logo on a fraudulent Facebook account ("Madison Daniels") falsely recruits copywriters for a fake autism conference, sends counterfeit contracts, and then requests victims wire money to pay a supposed second contractor, promising overpayment via fake check. ASAN clarifies it has no upcoming conferences, does not recruit copywriters, and never asks contractors to pay other contractors; the organization has reported the account to Facebook and urges the public to verify any employment opportunities directly with ASAN.
news-leader.com
· 2025-12-08
Scammers are impersonating toll collection services with phishing text messages claiming recipients owe small amounts (typically $12) with threats of large late fees ($50), directing them to fake payment links to steal personal and financial information. The Better Business Bureau received multiple reports of this scam in spring 2024, including cases targeting travelers in Illinois and Missouri, where scammers falsely claimed to represent toll agencies in states without toll roads or services. Consumers should verify toll balances directly through official agency websites or phone numbers rather than clicking unsolicited text links, and should report suspicious messages to BBB Scam Tracker or the FBI's Internet Crime Complaint Center.
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).
actionnews5.com
· 2025-12-08
The FTC reported over 330,000 impersonation scam complaints in 2023, with consumers losing $1.1 billion to fraudsters pretending to be businesses or government agencies. The Better Business Bureau advises consumers to scrutinize email addresses for suspicious characteristics, verify suspicious communications directly with companies, and avoid providing payment information to unfamiliar entities, while encouraging reporting of suspicious emails and texts to the BBB Scam Tracker.
1011now.com
· 2025-12-08
Two Lincoln businesses lost a combined $9,310 to phone scams targeting their employees: one employee purchased $6,000 in Sephora gift cards after communicating with a scammer via text, while another employee bought $3,310 in Bitcoin after receiving fraudulent calls and texts claiming to be from their supervisor. The Lincoln Police Department advises verifying caller identity by independently contacting the person they claim to be, and recommends filing a police report if scammed.
techreport.com
· 2025-12-08
I appreciate you reaching out, but this doesn't appear to be an article about scams, fraud, or elder abuse. The content you've shared is a tech product review about the Insta360 X4 Air camera.
I'm specifically designed to summarize content related to elder fraud, scams, and elder abuse for the Elderus research database. Could you please share an article or transcript that covers:
- Scams targeting seniors
- Fraud cases or schemes
- Elder abuse incidents
- Fraud prevention or awareness information
I'd be happy to provide a summary once you have relevant content to share.
au.finance.yahoo.com
· 2025-12-08
An Australian businesswoman fell victim to a phishing text scam impersonating Coles supermarket, which lured her to a fake website by claiming her loyalty rewards points were expiring soon. The scam, which has been circulating for months and targeting multiple Australian loyalty programs (Coles, Qantas Frequent Flyer, and Telstra), is designed to steal personal information like passwords and banking details for fraudulent activities. Scamwatch received 209 reports of this scam in four months, with authorities warning Australians not to click links in unsolicited messages claiming to be from major retailers or loyalty programs.
sauconsource.com
· 2025-12-08
Scams targeting seniors aged 60 and older resulted in over $3.4 billion in losses during 2023, with individual victims losing an average of $34,000, and incidents increased 11 percent year-over-year. To address this growing problem, Pennsylvania Rep. Jeanne McNeill's office is hosting a free Senior Scam Prevention Presentation on May 29 featuring Dave Shallcross from the Pennsylvania Attorney General's office, who will provide guidance on avoiding scams and steps for victims. The event includes a question-and-answer session and is open to people of all ages.
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.
goldendalesentinel.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. Common scams targeting seniors include government impersonator scams, fake prizes/sweepstakes, computer tech support scams, and grandparent scams, perpetrated by strangers, family members, friends, or caregivers. Prevention strategies include protecting sensitive documents, monitoring financial accounts, avoiding unsolicited requests for personal information, consulting financial advisors before making decisions, and building relationships with trusted financial institutions.
kfoxtv.com
· 2025-12-08
El Paso police reported a rise in identity theft scams targeting elderly residents over the past two years, with victims particularly vulnerable to text and phone scams due to high trust levels and limited awareness of technology capabilities. Sgt. Cristina Mendoza of the Financial Crime Unit identified key warning signs including unsolicited contact, pressure to pay in specific ways, and inability to verify the other party's identity.
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.
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.
tampafp.com
· 2025-12-08
Florida ranked second nationally in elder fraud complaints and losses in 2023, with Americans aged 60+ losing $3.4 billion that year, an 11% increase from 2022. Governor Ron DeSantis signed SB 556 into law, which takes effect January 1 and permits banks to delay money disbursements if employees suspect financial exploitation of seniors or vulnerable adults, while providing legal immunity to banks acting in good faith. The legislation was developed in response to widespread scams targeting Florida's retiree population, particularly tech support fraud schemes.
webcenterfairbanks.com
· 2025-12-08
The FTC reported over 330,000 impersonation scam complaints in 2023, with consumers losing $1.1 billion as fraudsters impersonated businesses and government agencies to steal money and personal information. The Better Business Bureau advises consumers to scrutinize email addresses for suspicious characteristics, verify questionable emails directly with companies, avoid providing payment information to unknown entities, and report suspicious communications to the BBB Scam Tracker.
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.
home.barclays
· 2025-12-08
Barclays research found that ticket scams cost victims an average of £243, with men losing more than twice as much as women (£325 vs £156), primarily because men pay higher prices for fraudulent tickets. Football matches accounted for half of sports-related ticket scam reports, with tennis and cricket also commonly targeted, and scam reports peaked in July 2023. The bank warns that 82% of Britons fail to verify website authenticity before purchasing tickets and recommends checking seller legitimacy and using trusted platforms to avoid these scams, which tend to spike during summer event season.
wbko.com
· 2025-12-08
The Better Business Bureau warns residents affected by severe storms to be cautious of storm-chasing scammers who exploit disaster victims for repair work. Key fraud tactics include unlicensed contractors demanding upfront payments, roof inspectors creating damage to justify work, FEMA imposters, and utility company impersonators. The BBB recommends verifying contractor licenses, obtaining multiple quotes, paying by credit card, getting written contracts with insurance documentation, and reporting suspected price gouging or fraud to authorities.
kfvs12.com
· 2025-12-08
The FTC reported over 330,000 impersonation scam complaints in 2023, with consumers losing more than $1.1 billion. Fraudsters impersonate legitimate businesses and government agencies to trick victims into providing money and personal information through fake emails and forms. The BBB recommends verifying suspicious emails by examining sender addresses carefully, contacting companies directly to confirm requests, avoiding payment to unknown entities, and reporting suspicious communications to the BBB Scam Tracker.
foxnews.com
· 2025-12-08
A Privacy Journal study analyzing FBI, CDC, FTC, and Internet Crime Complaint Center data ranked U.S. states by danger levels for online dating users, identifying Nevada, Alaska, Georgia, Florida, and Arizona as the five most risky states. The analysis considered romance scams, identity theft, fraud, violent crime, STD rates, and registered sex offender concentrations, with Arizona having the highest romance scam rate (9.2 per 100,000), Nevada the second-highest (8.1 per 100,000), and Georgia leading in identity theft and fraud victimization rates. The findings highlight that geographic location can predict vulnerability to various threats when using dating apps.
thehackernews.com
· 2025-12-08
Malachi Mullings, 31, of Georgia was sentenced to 10 years in prison for laundering over $4.5 million obtained through business email compromise (BEC) schemes targeting healthcare programs and companies, as well as romance scams targeting elderly victims, between 2019 and 2021. Mullings opened 20 fraudulent bank accounts under a fake company name to conceal the proceeds and used funds to purchase luxury items, including a Ferrari bought with $260,000 from a romance scam. The case highlights ongoing efforts to prosecute money launderers facilitating cyber fraud schemes.
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.