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mexc.com
· 2026-06-23
The FBI is intensifying efforts to combat "pig butchering" scams, a sophisticated cryptocurrency fraud where criminals build trust with victims over time through social media and dating apps before convincing them to invest in fake crypto platforms and stealing their money. These scams, which have cost victims billions of dollars globally, typically involve fraudsters posing as romantic interests or investment advisors who gradually encourage victims to deposit increasing amounts into fraudulent accounts before disappearing. To protect yourself, be cautious of unsolicited investment opportunities from online contacts, verify any investment platform's legitimacy through official channels, and never transfer money to someone you've only met online claiming to offer guaranteed returns.
yahoo.com
· 2026-06-23
Over 88,000 elderly Americans fall victim to fraud annually, with Florida ranking second nationally for elder fraud cases—costing seniors over $293 million in losses in 2023 alone. One Martin County couple lost their home, car, and life savings totaling $141,000 to a years-long sweepstakes scam, ultimately becoming homeless. To protect yourself or loved ones, be wary of unsolicited contact, urgent demands for payment via gift cards or wire transfers, claims of prize winnings, and any requests that seem too good to be true.
paloaltoonline.com
· 2026-06-23
Santa Clara County is addressing a growing problem of financial scams targeting older adults, with county officials reporting 4,226 allegations of financial exploitation in 2025, nearly half involving scams. Common schemes include fraudsters impersonating the IRS or banks to trick victims into revealing personal information or transferring assets, with vulnerable seniors particularly at risk for real estate fraud and exploitation of declining cognitive abilities. To protect themselves, residents should avoid unsolicited financial requests, verify contact by calling official numbers on their cards, establish a family code word for verification during unexpected calls, and report scams immediately to law enforcement—as frozen funds can sometimes be recovered if reported quickly.
sg.finance.yahoo.com
· 2026-06-23
Precious metals company Monetary Gold is partnering with law enforcement in New Jersey to warn seniors and vulnerable Americans about courier scams, where criminals impersonate government agencies or banks to pressure victims into purchasing gold and silver or handing over cash and valuables to couriers at their homes. These sophisticated scams use fear and urgency tactics, often falsely claiming bank account compromise or identity theft to convince victims to act quickly and avoid contacting family or authorities. The key warning: legitimate government agencies, law enforcement, banks, or precious metals companies will never instruct you to buy gold, withdraw retirement funds, or give valuables to a courier—if they do, it's a scam.
sfgate.com
· 2026-06-23
Santa Clara County is launching educational efforts to combat rising financial scams targeting older adults, with a 2025 report showing 4,226 reported cases of financial exploitation, nearly half involving scams. Common schemes include scammers impersonating the IRS or banks requesting personal information, as well as real estate fraud targeting seniors with home equity. Residents are advised to verify unsolicited financial institution contacts by calling the number on their credit card, establish family code words for unusual calls, and report scams immediately to authorities, as recovering transferred money is difficult once it's gone.
sanjosespotlight.com
· 2026-06-22
Santa Clara County is raising awareness about financial scams that increasingly target older adults, with a 2025 report showing 4,226 reported allegations of financial exploitation, nearly half involving scams. Common scams include fraudsters impersonating the IRS or banks requesting personal information, as well as real estate fraud targeting seniors with home equity. Experts recommend residents be skeptical of unsolicited contact from financial institutions, use code words with family for verification, and report scams immediately—since recovering stolen money becomes difficult once it's transferred.
cnhi.com
· 2026-06-22
Romance scams targeting seniors are on the rise, and the Council for Older Adults is hosting a free educational workshop on Thursday featuring experts who will teach attendees how to identify warning signs such as rapid declarations of love, elaborate excuses to avoid meeting in person, pressure to move conversations off dating apps, and unsolicited investment advice. Key protective strategies include verifying information about the person and trusting your instincts if something feels suspicious. If you suspect you're communicating with a scammer, you should stop all communication immediately and seek guidance on reporting the fraud and exploring recovery options.
presidentialprayerteam.org
· 2026-06-22
The Department of Health and Human Services launched the Federal Elder Justice Action Plan and "Never EVER" campaign to combat fraud targeting seniors, who lose an estimated $28 billion annually to scammers posing as government agents or business officials. The key message for older Americans is to never trust anyone—including those claiming to be from government agencies—who asks you to move money to "protect it," as this is a common scam tactic. Families are encouraged to monitor aging relatives closely and help them recognize and avoid these fraudulent schemes.
keenesentinel.com
· 2026-06-21
Older adults in New Hampshire are increasingly falling victim to sophisticated scams including cryptocurrency fraud, investment schemes, romance scams, and government imposter scams, with many victims pressured into secrecy before they can consult family or authorities. These crimes often result in devastating financial losses and eroded sense of security, though many incidents go unreported. Authorities urge immediate reporting of suspected elder fraud and recommend that older adults consult trusted family members and financial institutions before acting on urgent financial requests.
jpost.com
· 2026-06-21
Israel's Welfare Ministry reported a 61% surge in elder fraud cases, with the majority of perpetrators (92%) being family members—particularly children (48%) and spouses (33%)—targeting vulnerable seniors experiencing confusion and memory decline. Elderly individuals and their families should remain vigilant about financial decisions, consider establishing trusted oversight of accounts, and report suspected fraud to authorities immediately. If you're concerned about an elder's financial safety, involve other trusted family members or legal representatives to help protect their assets.
jdsupra.com
· 2026-06-21
Seniors lost approximately $16 billion to scams in 2025, with imposter scams being one of the most common type, where fraudsters pose as government agencies, banks, or family members via phone, text, or email to steal financial information and money. These scams often use fear tactics—such as threatening tax penalties or legal action—to pressure victims into quickly sharing credit card details or personal information. To protect yourself, stay aware of imposter scam tactics, verify the identity of anyone requesting personal or financial information through independent contact methods, and remember that legitimate agencies won't demand immediate payment or threaten you over the phone.
kob.com
· 2026-06-21
A 27-year-old caregiver in Albuquerque was accused of stealing nearly $6,000 from an elderly bedridden man by using his credit card without permission for purchases at stores like GEICO and Albertsons, with the victim's daughter discovering the fraud after the caregiver stopped working and the landlord checked the mail. The victim's family learned the hard way that elder fraud is a persistent problem, as this was the second time in four years someone had stolen from the father. To protect elderly loved ones, families should monitor financial statements regularly, especially when caregivers have access to personal information, and consider limiting caregiver access to credit cards and financial accounts.
ground.news
· 2026-06-21
FBI Director Kash Patel has announced an intensified crackdown on "pig butchering" scams—cryptocurrency fraud schemes where criminals pose as romantic interests or investment advisors to lure victims, often older adults, into sending money. Scammers are increasingly using cash couriers to collect payments in person to avoid detection by bank security systems, and the FBI's new Operation Level Up aims to intervene early before victims lose more money. To protect yourself, be cautious of unsolicited investment offers on social media or messaging apps, verify investment opportunities through official channels, and never send cash to couriers or wire money to unknown parties.
lockportjournal.com
· 2026-06-21
Romance scams are becoming increasingly prevalent and pose a particular threat to seniors. The Council for Older Adults and the Dale Association are hosting a free educational workshop on Thursday featuring experts in fraud prevention who will teach attendees how to detect and avoid dating scams and other common scams. If you or an older adult you know is interested in learning protective strategies, the free event includes snacks and trained professionals who can help identify fraudulent activity and guide victims through reporting and recovery options.
thecommunityvoice.com
· 2026-06-20
The IRS Criminal Investigation division reports a significant surge in fraud targeting seniors, with 97 new elder fraud cases opened in fiscal year 2025 alone and $885.86 million in alleged fraud uncovered between 2021-2026. Common schemes include criminals impersonating government officials or attorneys, claiming emergencies involving loved ones, or building fake romantic relationships to extract money and personal information from older adults. Seniors should be wary of unsolicited contact demanding immediate payment, verify caller identities through official channels, and consult trusted family members or authorities before sending money.
chronicleonline.com
· 2026-06-20
Florida residents lose approximately $1 billion annually to scams, with seniors being disproportionately targeted, prompting the Florida Attorney General's Office and Florida Bankers Association to launch a joint awareness campaign in June (Elder Abuse Awareness Month) to educate the public about fraud prevention. The state has been designated the "Fraud Capital of the United States," with scams becoming increasingly sophisticated and coordinated, causing elderly victims to suffer long-term financial and emotional consequences. The campaign encourages residents to recognize red flags, report fraud quickly, and work with banks and law enforcement to stop scams before money is transferred.
yourohionews.com
· 2026-06-20
Wayne County commissioners declared June 15 as Elder Abuse Awareness Day and highlighted a growing problem: the county received over 400 protective services reports in 2025, with more than 200 cases investigated, though officials believe many more incidents go unreported. Older adults in the county are particularly vulnerable to financial scams, with romance scams and gift card scams being the most common threats. Authorities urge residents to watch for signs of abuse and exploitation, and advise being cautious about requests for money or gift cards, especially from people claiming to be celebrities or in distress.
news.bitcoin.com
· 2026-06-20
FBI Director Kash Patel has declared an intensified crackdown on "pig butchering" scams—sophisticated crypto fraud schemes where criminals build fake online relationships to trick victims into investing money in fraudulent cryptocurrency platforms. These scams particularly target elderly Americans and teenagers, and the FBI has already achieved significant results, including seizing $8 billion in cryptocurrency and arresting over 300 suspects across Asia and the Middle East in "Operation Blackout." To protect yourself, be skeptical of online investment opportunities and romantic interests asking for cryptocurrency deposits, verify investment platforms independently, and report suspicious activity to the FBI.
u.today
· 2026-06-20
Americans lost a record $20.9 billion to cybercrime last year, with cryptocurrency fraud accounting for over half of that—$11 billion—through schemes like fake exchanges, investment scams, and "pig butchering" tactics that exploit victims' pseudonymity on blockchain. Elderly Americans were hit particularly hard, losing nearly a third of the total amount, with California, Texas, and Florida seeing the most crypto-related losses. In response, FBI Director Kash Patel vowed to intensify enforcement efforts, noting the bureau has already frozen over 3,000 illicit crypto wallets and recovered $500 million, with plans to expand these asset-recovery operations.
kucoin.com
· 2026-06-20
Americans lost $20.9 billion to cybercrime last year, with investment scams—including crypto fraud—accounting for approximately $10.7 billion of those losses, prompting FBI Director Kash Patel to announce intensified efforts to combat crypto scams. Common tactics include fake exchanges, "pig butchering" schemes, and fraudulent DeFi projects that exploit blockchain's anonymity to evade tracking, with elderly Americans being disproportionately targeted and accounting for nearly one-third of total losses. To protect yourself, avoid unsolicited investment opportunities promising high returns, verify the legitimacy of exchanges and platforms before transferring funds, and be cautious of unfamiliar cryptocurrency projects or complex financial terminology used by bad actors.
yahoo.com
· 2026-06-20
Elder fraud cases in Israel surged 61% in 2025, with the Welfare Ministry reporting that 92% of perpetrators were family members—primarily adult children (48%) and spouses (33%)—targeting primarily women over 75. The report also documented increases in sexual abuse, financial exploitation, and rights violations against seniors, though there was a positive uptick in public reporting and victims seeking legal assistance. Authorities urge the public to report suspected elder abuse to welfare agencies and police without hesitation, as increased awareness and intervention are critical to protecting vulnerable seniors.
yahoo.com
· 2026-06-20
The Coffee County Sheriff's Office is alerting residents about a rising threat of elder fraud, where scammers are using increasingly convincing tactics through phone calls, texts, emails, and social media to target senior citizens. The office advises families to warn elderly relatives never to share personal or financial information with unknown contacts, be suspicious of payment requests via gift cards or wire transfers, and verify any suspicious requests with trusted contacts before acting. Anyone who suspects they've been targeted by a scam should contact the Coffee County Sheriff's Office at (334) 894-5535.
punchng.com
· 2026-06-20
Thai police arrested six Nigerians in Bangkok for their suspected involvement in an international cocaine trafficking ring and an AI-powered romance scam targeting elderly women. The suspects, who had entered Thailand on student visas but lived in luxury apartments without legitimate employment, were caught during raids that recovered phones, computers, and bank records showing evidence of drug transactions and fraudulent online relationships created using AI-generated images. To protect yourself, be cautious of online relationships with attractive strangers claiming to be wealthy professionals, and verify identities through video calls before engaging financially or sharing personal information.
wsaw.com
· 2026-06-20
Wisconsin has seen over $10.3 million stolen through investment scams since 2024, with reported cases surging 35% from 2023 to 2025, particularly targeting seniors and vulnerable individuals who have already lost money. Scammers are using sophisticated schemes including romance scams, fake digital assets, and especially fraudulent "asset recovery" services that falsely claim they can retrieve stolen funds for an upfront fee—sometimes even impersonating state regulators. To protect yourself, verify investment companies through trusted government sources before investing, be wary of unsolicited recovery offers, and report suspected scams to Wisconsin's Department of Financial Institutions.
livemint.com
· 2026-06-20
Former MP Naresh Gujral lost ₹7.8 crore when scammers impersonated him on a messaging app and tricked his company's CFO into making four wire transfers over four days in June. The fraud was discovered by Gujral's daughter when she noticed suspicious transactions, and she quickly contacted cybercrime authorities who managed to freeze ₹4.28 crore of the stolen funds. To protect yourself, verify any urgent financial requests directly with the person through a known contact method, be cautious of messages requesting large transfers, and monitor your company accounts for unauthorized activity.
beachmetro.com
· 2026-06-19
Seniors, particularly women, are increasingly vulnerable to romance scams on dating apps and social media, where scammers build fake relationships to extract money from victims. In 2023 alone, Canadians lost over $50 million to these schemes, with older adults lacking the peer verification that younger dating app users typically employ. To stay safe, seniors should verify matches' identities online before sharing personal information, and anyone who suspects they've been scammed should report it to the Canadian Anti-Fraud Centre to help law enforcement prevent future incidents.
digitalinformationworld.com
· 2026-06-19
Hundreds of thousands of job seekers, particularly those with language skills or vulnerable circumstances, are being trafficked to Southeast Asian countries under false employment promises and forced to run online fraud schemes like "pig-butchering" scams. Scammers control victims through wage withholding, document confiscation, location tracking, and violence, while also extorting ransom from families. Research based on survivor testimonies identifies warning signs of trafficking recruitment, and experts recommend that job seekers verify employment offers through official channels, be cautious of unsolicited job opportunities abroad, and watch for red flags like requests for upfront payments or pressure to move quickly.
bankingdive.com
· 2026-06-19
Banks and credit unions are significantly strengthening their defenses against scams that increasingly target older adults, who reported $7.7 billion in losses in 2024—a 59% increase from the previous year. Major institutions like Fifth Third Bank are expanding their fraud prevention teams, implementing real-time detection systems to intervene during scams rather than after, and training staff to recognize signs of financial exploitation. Customers, particularly seniors, should remain vigilant about unsolicited calls or messages from supposed banks or government agencies, verify requests through official phone numbers, and alert their financial institution immediately if they suspect fraudulent activity.
manisteenews.com
· 2026-06-19
Social Security scams are increasingly prevalent across the United States, with scammers using sophisticated tactics to target vulnerable populations, particularly elderly individuals who may be deceived into revealing sensitive information or sending money. The article highlights five resources designed to help seniors and other vulnerable people protect themselves from these evolving fraud schemes. Readers are encouraged to seek out these protective resources and stay vigilant against Social Security-related scams, which continue to adapt their methods to exploit unsuspecting victims.
recordpatriot.com
· 2026-06-19
Social Security scams are widespread in the U.S. and increasingly target elderly people through evolving deceptive tactics designed to steal sensitive information and money. The article provides five resources to help seniors protect themselves from Social Security fraud, emphasizing that prevention is key as scammers continue to develop more sophisticated methods to exploit vulnerable populations.
natlawreview.com
· 2026-06-19
Imposter scams are hitting seniors particularly hard, with elderly people losing about $16 billion to scams in 2025—a significant jump from $12.8 billion the previous year. Scammers impersonate government agencies, banks, or family members through phone, text, or email to trick seniors into revealing personal information or making immediate payments, often using scare tactics like threats of legal consequences. To protect yourself, stay aware of these common tactics, never give out personal or financial information to unsolicited callers, and verify requests by contacting the organization directly through an official number.
napavalleyregister.com
· 2026-06-19
Napa County is hosting its third annual Seniors Against Financial Exploitation (SAFE) conference on June 23 to address the growing problem of scams targeting older adults, bringing together law enforcement, financial experts, and community organizations. Seniors are increasingly vulnerable to sophisticated fraud schemes, particularly those facing financial hardship despite living in a seemingly wealthy area. The conference has expanded its accessibility with later start times, multilingual options, and diverse presentations on fraud prevention—changes made directly based on senior feedback to ensure more people can attend and protect themselves from financial exploitation.
bigrapidsnews.com
· 2026-06-19
Social Security scams are widespread in the United States, with scammers using increasingly sophisticated tactics to target vulnerable populations, particularly elderly people, to steal sensitive information and money. The article highlights five resources designed to help seniors protect themselves from these evolving frauds. Taking advantage of these protective resources and staying informed about common scam tactics are essential steps for vulnerable populations to safeguard their personal and financial information.
aol.com
· 2026-06-19
Older adults lost $7.748 billion to scammers in 2025—a 59% increase from the previous year—according to an IRS warning, with common fraud schemes including investment fraud, government impersonation calls, identity theft, and romance scams. The IRS emphasized that nearly 97% of prosecuted elder fraud cases result in convictions and urged seniors to protect themselves by monitoring accounts, avoiding suspicious links, verifying callers' identities, and never sending money to unknown people. Those who suspect fraud can report it at IRS.gov or contact the Washington D.C. Field Office directly.
rdrnews.com
· 2026-06-19
New Mexico's Adult Protective Services received approximately 18,000 reports of elder abuse, neglect, and exploitation in 2026, with scams—including fraudulent phone calls, impersonation schemes, and romance scams—being a significant form of financial exploitation targeting older adults. The state is urging residents to watch for warning signs such as unexplained injuries, sudden behavioral changes, withdrawal from social activities, unusual financial activity, and signs of neglect or poor living conditions. Anyone concerned about an older adult's safety should report suspected abuse and help combat elder abuse through awareness, social connection, and checking in on vulnerable neighbors.
cjme.com
· 2026-06-19
An 80-year-old Saskatoon man lost approximately $500,000 to an online romance and investment scam after being contacted by a woman claiming to have gold bars in the Netherlands who needed help bringing them to Canada. His daughter discovered the fraud after her father, who had recently gotten his first iPhone, revealed he had been communicating exclusively through Facebook Messenger with the scammer since October and had already transferred $200,000 believing it was a "guaranteed" investment. Family members advise that elderly people, particularly those new to technology and experiencing isolation, are vulnerable to these schemes—watch for unusual financial activity, verify romantic interests through video calls or in-person meetings, and report suspected scams to police immediately.
asiaone.com
· 2026-06-19
Since April 2026, at least eight seniors in Singapore have lost approximately $69,000 to a malware scam targeting Android devices, where fraudsters use fake ads on social media to lure victims into downloading malicious files that compromise their phones and banking access. The scammers then impersonate government officials and pressure victims to transfer money or hand over valuables for supposed police investigations. To protect yourself, avoid downloading files from unknown sources, install the ScamShield app, verify suspicious claims directly with official authorities, and call the ScamShield helpline at 1799 if you're unsure about any contact or request.
fortune.com
· 2026-06-18
A 76-year-old nearly lost his entire $3 million retirement to scammers, but TIAA's AI system detected the suspicious withdrawal request and alerted the company's fraud team, who ultimately prevented the loss. The incident highlights how artificial intelligence is becoming increasingly important in combating scams, as criminals use AI to clone voices and create deepfakes, while cybercrime losses exceeded $20.8 billion in 2025 with older adults being the primary targets. Experts recommend that financial institutions use AI monitoring combined with human verification to catch fraud, and individuals should be skeptical of unusual withdrawal requests and contact their financial providers directly if they suspect they're being scammed.
tomsguide.com
· 2026-06-18
Seniors aged 60 and older lost $7.7 billion to cybercrime in 2024—a 60% increase from the previous year—with investment scams, crypto fraud, romance scams, and tech support scams being the primary culprits. Fraudsters are now using sophisticated AI tools like voice cloning, deepfake videos, and realistic impersonations to make their scams more convincing than ever, targeting older adults who may be less familiar with these technologies. To protect seniors, families should educate them about red flags in romance scams, scrutinize messages for subtle signs of AI generation (even when grammar appears perfect), and verify requests for money or personal information through independent contact with the supposed sender.
yahoo.com
· 2026-06-18
Utah's top federal prosecutor is touring the state to warn seniors about AI-powered scams that impersonate banks, the IRS, and family members, which have caused reported losses to adults over 60 to skyrocket from $600 million in 2020 to over $3 billion in 2025. The scams often involve imposter schemes, investment fraud, and romance scams that target older adults with increasingly sophisticated tactics. Seniors are being urged to stay calm when contacted by unknown callers or messages, verify identities independently, and ask detailed questions before sharing any financial information—especially when feeling pressured or hearing from someone claiming to be a trusted contact.
btpm.org
· 2026-06-18
Community leaders and organizations held a press conference for Elder Abuse Day to address a surge in online fraud targeting seniors, with people over 60 losing an estimated $8 billion to scams in 2025—the worst crisis an FBI financial crimes supervisor has witnessed in 30 years. According to officials, elder abuse takes many forms including financial fraud, yet the vast majority of cases go unreported, with only about 24% of suspected abuse reaching adult protective services. Community members are urging increased awareness and education about available support systems to help vulnerable seniors protect themselves and report abuse.
953wiki.com
· 2026-06-18
Indiana's Secretary of State is warning residents about a sharp increase in financial scams targeting seniors, with reports nearly doubling from 176 in 2024 to 351 in 2025, resulting in approximately $25 million in losses. The state is encouraging Hoosiers to protect elderly family members by staying informed about common scams—including phone scams, investment fraud, and online schemes—and to report suspicious activity to authorities. Educational programs offered by the Indiana Securities Division are available to seniors, caregivers, and community groups to help identify warning signs of financial exploitation before people become victims.
broadbandbreakfast.com
· 2026-06-18
The Federal Communications Commission is partnering with the Department of Health and Human Services to launch the "Never, Ever" campaign to educate seniors about imposter scams, where fraudsters pose as government agencies or companies to steal money and personal information—a scheme that cost Americans $3.5 billion last year. The FCC clarified that legitimate government agencies will never call asking for payment via untraceable methods like cash apps, cryptocurrency, or gift cards, and will never threaten to suspend benefits or demand money transfers. To protect yourself, hang up on unsolicited callers claiming to be from the government or financial institutions, verify requests by calling the official number on your bill or website, and report suspicious calls to the FCC.
whsv.com
· 2026-06-18
Elder abuse affects millions of seniors and can take many forms, including financial exploitation through increasingly sophisticated scams and fraud. Experts warn that common red flags include unexpected messages pressuring quick action, such as claims that subscriptions have expired or that someone has won a prize they never entered. To protect yourself or older loved ones, verify suspicious messages by contacting companies directly using phone numbers or websites you look up independently—never use links or numbers provided in the suspicious message itself.
finance.yahoo.com
· 2026-06-18
Six major financial institutions have adopted a new training program called the Human Crime Specialist (HCS) framework designed to help bank employees identify and stop financial activity linked to human trafficking, child exploitation, elder fraud, and scams. The program recognizes that criminals rely on the financial system to operate, and banks are uniquely positioned to detect suspicious transactions before harm escalates. Financial professionals are being equipped with specialized knowledge and tools to identify red flags in customer accounts and transactions, representing an important shift in how the financial sector combats these crimes.
irs.gov
· 2026-06-18
The IRS CEO emphasizes that older adults are frequent targets of scams where fraudsters impersonate tax authorities to steal personal and financial information, and reminds the public that the IRS never initiates contact demanding money or threatening to move funds. He encourages everyone to help protect seniors by recognizing these warning signs and directing vulnerable people to resources like the Federal Elder Justice Coordinating Council's website before responding to suspicious calls or messages. The message highlights the importance of celebrating and protecting older adults, who contribute significantly to society and deserve to live safely in their retirement years.
amarillotribune.org
· 2026-06-17
Financial exploitation of elderly adults through investment scams, romance scams, impersonation fraud, and digital schemes remains a widespread problem, as highlighted during June's Elder Abuse Awareness Month recognition. Warning signs include unexplained withdrawals, pressure to send money or share personal information, and unsolicited contacts via text or social media. Seniors and their families can protect themselves by designating a trusted contact for financial decisions, consulting with family or professionals before major transfers, and reporting suspected fraud to the Texas State Securities Board.
spectrumnews1.com
· 2026-06-17
Scammers stole over $120 million from Kentuckians last year, with seniors aged 60+ losing more than $60 million, as criminals increasingly use cryptocurrency and AI-powered technology to make scams like romance and emergency schemes more convincing. The FBI warns that these frauds are growing more sophisticated and difficult to trace, particularly through the state's 400+ cryptocurrency ATMs. If you suspect a scam, the FBI advises stopping communication immediately, slowing down, and discussing suspicious interactions with trusted family members or friends before taking any action.
patch.com
· 2026-06-17
Fraudsters are increasingly targeting older Americans through various elaborate schemes including fake timeshare settlements, romance scams, lottery scams, and emergency impersonation tactics, with scammers defrauding seniors of over $885 million in the last five years. The IRS recently arrested more than 20 people in "Operation Silver Shores," a scheme where criminals posed as attorneys and government officials to trick timeshare owners into sending money, which was then laundered through shell companies. To protect yourself, be cautious of unsolicited contact claiming you've won money or are entitled to settlements, verify caller identities independently, and report suspected fraud to the National Elder Fraud Hotline.
vancouver.citynews.ca
· 2026-06-17
A British Columbia senior lost over $60,000 in an online romance scam after connecting with a man who posed as a caring army doctor and repeatedly requested money with various excuses. Her story, shared on World Elder Abuse Awareness Day, highlights how seniors are particularly vulnerable to financial scams, with reports of elder abuse steadily increasing in B.C. according to Seniors First BC. Experts advise seniors to be cautious of unsolicited online relationships requesting money, listen to warnings from family members, and report suspected abuse to local authorities or organizations like Seniors First BC's information line.