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Search across 26,669 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.
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in General Elder Fraud
unionesarda.it
· 2026-06-17
A 46-year-old man from Sassari, Italy, defrauded a 70-year-old retiree out of €200,000 over five years by repeatedly lying about needing money for various reasons, including false claims about his parents' deaths and home renovations, while promising repayment. The elderly victim finally reported the fraud to police after realizing he would never recover his money, leading to the suspect's arrest. To protect yourself from similar scams: be extremely cautious about lending large sums to acquaintances, verify stories independently, and stop giving money if repayment doesn't materialize as promised.
irs.gov
· 2026-06-17
The IRS Criminal Investigation division is warning of a sharp rise in fraud targeting elderly Americans, with 161 new cases opened in the past 18 months and over $885 million in alleged fraud from 2021-2026. Common schemes involve criminals using deceptive tactics to steal money and personal information from seniors, with nearly 97% of prosecuted cases resulting in convictions and average prison sentences of four years. Older adults and their family members are encouraged to stay vigilant, report suspected fraud to their local IRS Criminal Investigation office, and not feel embarrassed about falling victim to these increasingly sophisticated scams.
finance.yahoo.com
· 2026-06-17
Bank of America is launching a "Scaminars" program with 1,000 in-person educational events nationwide through 2026, combined with over 50 AI-powered fraud detection systems, to help older adults identify and avoid financial scams. Elder fraud represents a significant risk to both the bank's customers and its reputation, so the initiative addresses the problem through both technology-based monitoring and consumer education. For seniors and their families, attending these free seminars or staying alert to the warning signs Bank of America promotes through the program can help protect against financial fraud targeting vulnerable populations.
eaglecountryonline.com
· 2026-06-17
Indiana's Secretary of State reported that financial scams targeting seniors have reached record levels, with the state receiving 351 senior fraud reports in 2025—nearly double the previous year—resulting in approximately $25 million in losses. The exploitation includes phone scams, investment fraud, and online schemes, with state officials emphasizing that education and awareness are crucial tools for prevention. Seniors and their families are encouraged to stay informed about warning signs of financial exploitation and report any suspicious activity to authorities.
cnbc.com
· 2026-06-16
Seniors aged 62 and older are increasingly targeted by reverse mortgage scams, with people over 60 filing over 201,000 fraud complaints in 2025 resulting in $7.7 billion in losses. While reverse mortgages can be a legitimate financial tool for homeowners to access their home's equity, older adults should be cautious of fraudulent schemes, particularly because they are more vulnerable to financial fraud. To protect yourself, it's important to research lenders carefully, verify that any reverse mortgage offer comes from a trusted source, and consider consulting with a financial advisor before committing to any reverse mortgage product.
pandasecurity.com
· 2026-06-16
Financial scam advertisements are proliferating on major social media platforms like Facebook, Instagram, YouTube, and TikTok, prompting formal complaints from European consumer groups against Google, Meta, and TikTok for failing to remove fraudulent ads that reach millions of users. Between December 2025 and March 2026, regulators reported nearly 900 suspected fraudulent ads, but platforms removed only 27% of them—with TikTok performing worst at 21%—suggesting potential financial incentives to overlook scams since Meta earned millions in ad revenue from Medicare-related fraud alone. To protect yourself, scrutinize financial ads on social media carefully, verify claims through official sources rather than links in ads, and report suspected fraudulent content to the platforms immediately.
news.usps.com
· 2026-06-16
Imposter scams—where criminals pose as relatives, romantic interests, or tech support—cost consumers $15.9 billion in 2025 and are becoming increasingly convincing through AI technology. The scams commonly target elderly people and vulnerable individuals by creating urgent situations (medical emergencies, bail money, computer viruses) to pressure victims into sending money. To protect yourself, verify requests through trusted contacts before acting, avoid sharing personal information with strangers online, be wary of urgent money requests, and never grant remote computer access or make payments via gift cards to unsolicited callers.
delta-optimist.com
· 2026-06-16
A 75-year-old British Columbia woman lost $60,000 to a sophisticated romance scam after a man posing as a military doctor befriended her on Facebook and manipulated her over 12 months with fabricated emergencies and false promises. The scammer exploited her loneliness following a separation, bullying her into sending 75% of her $2,500 monthly pension, leaving her unable to afford basic necessities and ultimately triggering a heart attack from the resulting stress. Seniors and vulnerable individuals should be cautious of unsolicited online relationships, verify identities independently, and speak with trusted family members about financial requests—particularly those involving emergencies or emotional manipulation tactics.
siliconcanals.com
· 2026-06-16
In October 2025, the US Justice Department seized 127,271 bitcoin (worth $15 billion) in what it called the largest asset seizure in its history—coins that had sat untouched on the blockchain for five years with no police reports or public filings. The bitcoin is allegedly connected to Chen Zhi, a Cambodian businessman accused of running forced-labor scam operations across Southeast Asia alongside his legitimate business conglomerate, Prince Group. The case is unusual because such a massive theft typically generates immediate police reports and regulatory filings, but this one unfolded in complete silence, making the absence of any public reporting itself a key part of the investigation.
ktvh.com
· 2026-06-16
Scammers are increasingly targeting Montana's elderly residents through phone calls, emails, and text messages to steal personal information and money, with romance and pig butchering scams among the most common schemes. State leaders gathered to raise awareness about elder abuse, urging families to watch for warning signs such as seniors discussing new contacts or unusual financial activity, and to report suspected exploitation. Montana's elder justice unit, established in 2023, has investigated around 110 cases and officials stress the importance of stronger prevention systems and reporting suspected abuse to protect vulnerable seniors.
actionnewsnow.com
· 2026-06-16
The IRS is warning about a sharp rise in fraud targeting seniors, with investigators opening 255 elder fraud cases since 2021 involving nearly $886 million in losses—over $736 million of that occurring since 2024. Common scams include government impersonation, romance schemes, fake investment opportunities, and fake lottery winnings, where criminals pressure victims to quickly send money via gift cards, wire transfers, or cryptocurrency. Older adults and their families should verify suspicious claims before acting, avoid sending money to unknown parties, and report potential scams to law enforcement or the IRS Criminal Investigation division.
njoag.gov
· 2026-06-16
A North Jersey financial adviser was convicted of stealing over $300,000 from an elderly client whose finances he was managing, facing up to 10 years in prison. The case highlights the vulnerability of seniors living on fixed incomes who rely on trusted professionals to manage their money. To protect yourself, elderly individuals and their families should monitor account statements regularly, use advisers who are registered and regulated, and consider having a trusted family member or independent party review financial arrangements.
bankingjournal.aba.com
· 2026-06-16
I don't see content about fraud or scams targeting seniors in the text provided. The article excerpt discusses the American Bankers Association's (ABA) position on stablecoin regulation and Bank Secrecy Act compliance, which is a banking policy matter rather than a scam or fraud scheme affecting consumers.
newsroom.bankofamerica.com
· 2026-06-16
Bank of America is hosting 1,000 in-person educational seminars in 2026 to help customers recognize and prevent fraud and scams, bringing the total number of these "Scaminars" to 2,500 since the program began. Financial scams have become increasingly sophisticated, with social media scams alone causing $2.1 billion in losses in 2025—an eightfold increase since 2020, according to the Federal Trade Commission. The free seminars, developed through Bank of America's financial education platform, are available to all consumers at local branches and aim to equip people with practical knowledge to protect themselves, with particular focus on helping vulnerable populations like seniors during Elder Abuse Awareness Month.
wvmetronews.com
· 2026-06-16
Federal and West Virginia officials are backing a "Never EVER" campaign to combat elder fraud, which costs West Virginia seniors approximately $19 million annually, with government imposter scams accounting for $1.1 million of that. Scammers—often operating from foreign countries using AI technology to mimic trusted voices and create artificial urgency—target vulnerable people by pressuring them to act immediately or face consequences. To protect yourself, never give out personal information to unsolicited callers, and if you suspect fraud, report it to local law enforcement or the U.S. Attorney's office.
asiaone.com
· 2026-06-16
A 70-year-old man in Singapore was targeted by scammers impersonating government officials and a Harvey Norman employee, who convinced him he was involved in money laundering and tricked him into transferring $17,000 as "protection money." He recovered the full amount after quickly reporting the scam to police and contacting his bank to freeze the account, with additional help from local authorities and his MP. The key takeaway: if government officials ask you to transfer money or give bank access over the phone, it's a scam—contact police and your bank immediately rather than complying out of fear.
nbcnews.com
· 2026-06-15
# Summary
Senators Hassan and Scott introduced the ReportScams.gov Act, a bipartisan bill to establish a centralized federal website for reporting scams and create a comprehensive Federal Scams Action Plan. Americans lost approximately $21 billion to cyber-enabled crimes in 2025 and over $2 billion to social media scams, with the bill addressing fragmented reporting systems across at least 13 federal agencies. The new platform aims to streamline scam reporting, provide educational resources, and route complaints to relevant law enforcement agencies while combating the rise of AI-enabled fraud.
losgatan.com
· 2026-06-15
Scammers are targeting older Americans with increasingly sophisticated fraud schemes, with reported losses to people age 60+ skyrocketing from 2020 to 2024—including a nearly 9-fold increase in cases involving losses of $100,000 or more. Seniors are particularly vulnerable because scammers exploit trust, urgency, and unfamiliarity with technology by impersonating legitimate companies, banks, or loved ones through convincing texts, emails, and spoofed caller IDs. To protect yourself and older loved ones, stay informed about common scams, verify unexpected requests before responding, and encourage regular check-ins to discuss potential threats.
butlerradio.com
· 2026-06-15
On World Elder Abuse Day, Pennsylvania's Department of Aging is highlighting the serious problem of elder fraud affecting seniors in the state. A statewide PBS program airing Monday at 7 p.m. will feature Governor Josh Shapiro and experts discussing prevention, victim support, and compassionate responses to elder abuse. Anyone suspecting elder abuse or fraud should contact Pennsylvania's Elder Abuse Helpline at 1-800-490-8505.
1450wlaf.com
· 2026-06-15
Tennessee authorities are warning seniors about rising financial fraud, particularly targeting elderly investors through digital assets, social media scams, and AI-enabled impersonation schemes. According to the FBI, scammers stole over $108 million from Tennessee residents aged 60 and older, with cryptocurrency accounting for $142 million in total losses across all ages. The Tennessee Department of Commerce & Insurance advises seniors and caregivers to learn fraud warning signs, be cautious with cryptocurrency and virtual investments, and contact state securities officials when approached about suspicious investment opportunities.
spectrumlocalnews.com
· 2026-06-15
Oneida County is hosting two elder abuse awareness and prevention events on Monday to help seniors identify and protect themselves from increasingly complex financial scams. The sessions, organized by the county's Office for the Aging and 50 Forward Mohawk Valley, will take place in Utica and Verona Beach and will educate older adults about recognizing scams and what steps to take if victimized. The county is also promoting a partnership with SilverShield, a scam protection service that helps review suspicious texts, emails, and phone calls.
turnto23.com
· 2026-06-15
Kern County held a conference on World Elder Abuse Awareness Day to address a widespread problem: for every reported case of elder abuse, approximately 24 go unreported. Financial abuse is the most common form and hardest to detect, though it often occurs alongside physical abuse, neglect, and isolation. Experts emphasize that awareness is key to prevention—if you suspect elder abuse, report it to local authorities or adult protective services, as many victims and witnesses don't realize abuse is happening or don't know how to report it.
winchesterstar.com
· 2026-06-15
Virginia State Police is encouraging people of all ages to protect themselves from monetary and identity scams by independently verifying requests before acting on them—slowing down rather than rushing, since scammers rely on urgency and fear. Key preventative measures include changing passwords frequently, using a trusted "buddy system" to discuss suspicious calls or texts, avoiding sharing personal information, and being cautious about what you post on social media. The advice is particularly timely around World Elder Abuse Awareness Day, though these tips apply to anyone vulnerable to fraud.
floridapolitics.com
· 2026-06-15
Florida seniors face growing threats from sophisticated cybercriminals using AI, cryptocurrency, and the dark web to commit identity theft and financial fraud. While Congress considers the CLARITY Act to help law enforcement combat these crimes, the author warns that the bill contains problematic exemptions that would allow certain cryptocurrency intermediaries to avoid the anti-money laundering oversight that traditional banks must follow, potentially making it easier for criminals to hide their tracks. The recommendation is for Congress to strengthen the bill by removing these exemptions and requiring crypto platforms to meet the same transparency and reporting standards as banks in order to better protect vulnerable seniors.
spacedaily.com
· 2026-06-15
"Pig butchering" is a sophisticated scam where criminals pose as romantic interests or investment advisors, building trust over weeks or months before convincing victims to invest in fake cryptocurrency accounts that show impressive returns until the scammers disappear with the money. The FBI reported over $5.8 billion in losses from this type of fraud in 2024 alone, with victims typically being contacted through fake "accidental" text messages that initiate seemingly genuine relationships. To protect yourself, be skeptical of unsolicited messages from strangers, never invest based on advice from people you've only met online, and verify investment platforms through official regulatory agencies before sending any money.
irishtimes.com
· 2026-06-15
Investment scams are becoming increasingly sophisticated, using AI-generated fake advertisements, professional-looking websites, and convincing "financial advisors" to trick people into transferring money to fake investment opportunities. These scams often unfold slowly over months to build trust before targeting substantial sums, and victims frequently don't realize they've been scammed until they try to withdraw their money. To protect yourself, be cautious of unsolicited investment opportunities online, verify the legitimacy of financial advisors and platforms independently, and remember that legitimate investments don't pressure you into quick decisions.
oregonfaithreport.com
· 2026-06-14
Older adults in Oregon are being urged to watch for signs of financial exploitation, which costs seniors over $28 billion annually nationwide and affects roughly 11% of people age 60 and older. The Oregon Division of Financial Regulation warns that scams targeting seniors are becoming increasingly sophisticated, particularly those involving cryptocurrency kiosks and gift cards, and that isolated or lonely older people are especially vulnerable. People should watch for warning signs like overly protective new friends or caregivers, sudden changes in spending habits, and seniors becoming reluctant to discuss their finances.
seehafernews.com
· 2026-06-14
Wisconsin state agencies are partnering to raise awareness about elder fraud and scams ahead of World Elder Abuse Awareness Day on June 17th, highlighting that seniors lose billions of dollars annually to scams because they're often targeted due to assumptions about their wealth, comfort with strangers, and unfamiliarity with technology. Older consumers are disproportionately affected compared to younger age groups, making them vulnerable to exploitation by bad actors. Anyone suspecting elder abuse or scams can report it through ReportElderAbuseWI.org or by calling 1-833-586-0107.
themainewire.com
· 2026-06-14
Senator Susan Collins praised Maine's credit unions at their annual convention for their efforts to combat fraud targeting seniors, highlighting the Senior$afe initiative that trains financial employees to identify warning signs of elder fraud and exploitation. The program became the foundation for the bipartisan Senior Safe Act, which Collins authored and was signed into law in 2018. Collins also recognized the credit unions' charitable work, including nearly $1.5 million raised to fight hunger in 2025 and 36,000 volunteer hours contributed last year.
finance.yahoo.com
· 2026-06-14
Federal authorities arrested five suspects accused of running a $15 million romance scam that defrauded over 100 elderly Americans through fake online dating profiles and AI-generated videos. The scammers built trust with victims by posing as potential romantic partners, then convinced them to send money using fabricated stories about inheritances and precious gems, with one 74-year-old victim losing $1.1 million. To protect yourself, be cautious of online dating connections that quickly develop emotional bonds and request money, verify identities through video calls, and remember that legitimate romantic interests will never ask you to send cash or wire funds.
aol.com
· 2026-06-14
Americans over 60 lost more than $7.7 billion to fraud in the past year—a 37% increase—with the FBI and FTC identifying seven major scams targeting seniors, including AI voice-cloning schemes, government impersonation, tech support fraud, romance scams, investment fraud, and Medicare phishing. To protect yourself, experts recommend creating a family safe word to verify callers' identities and independently confirming any suspicious contacts by calling the person directly using known contact information rather than numbers provided by the potential scammer.
aol.com
· 2026-06-14
Ahead of World Elder Abuse Awareness Day, the Virginia State Police are warning people—especially seniors—about common scams and providing prevention strategies. Key advice includes verifying information independently before acting, using the "Stop, Breathe, Verify, then Act" approach, monitoring financial statements regularly, implementing two-factor authentication, and establishing a "buddy system" with trusted family members to review suspicious communications. The agency emphasizes that scammers exploit urgency and fear, so taking time to verify requests and watching for red flags like spelling errors, suspicious links, and pressure to act immediately are critical defenses.
ladailypost.com
· 2026-06-14
Financial exploitation of older adults is a serious and growing problem in New Mexico, with the FBI reporting nearly $56 million in losses from elder fraud in 2025 and regulators handling thousands of complaints involving senior investors. Scams targeting seniors have evolved to include digital asset fraud, social media schemes, and AI-driven impersonation tactics that exploit trust and target retirement savings. Older adults and their families can protect themselves by staying vigilant, learning about common fraud tactics, and contacting the New Mexico Securities Division for free fraud awareness presentations and resources.
lex18.com
· 2026-06-14
During June's Elder Abuse Awareness Month, Commonwealth Credit Union highlighted steps to protect seniors from scams and help families recognize warning signs of financial exploitation. The credit union is educating customers about these risks through their "Backroads to Better Money" program, offering resources to help vulnerable older adults safeguard their finances. If you're concerned about a senior's financial safety, contact Commonwealth Credit Union at 1-800-228-6420 or visit their website for information on protecting yourself and loved ones from fraud.
baltimoresun.com
· 2026-06-13
The U.S. Department of Health and Human Services launched the Federal Elder Justice Action Plan to combat fraud and financial exploitation targeting older Americans, with three main goals: addressing fraud and scams, improving prevention and reporting of elder abuse, and strengthening enforcement efforts. The initiative, called "Never Ever," aims to protect seniors who are increasingly vulnerable to scammers targeting their savings and personal information. Older Americans should be vigilant about unsolicited calls and requests for money, verify requests with trusted family members or official agencies, and report suspected fraud to local authorities or the Adult Protective Services.
westsidecurrent.com
· 2026-06-13
A Los Angeles man with power of attorney and his accountant have been charged with stealing over $6 million from elderly clients between 2018 and 2025 by writing unauthorized checks and diverting funds from trusts and estates they were hired to manage. The scheme affected five client accounts and involved tax evasion, with prosecutors alleging deliberate conspiracy to defraud vulnerable elderly individuals. Seniors and their families should carefully monitor financial accounts, verify all transactions with their financial representatives, and consider regular independent audits if someone else has power of attorney over their finances.
heraldpalladium.com
· 2026-06-13
Medicare beneficiaries should be alert to durable medical equipment fraud, where vendors offer items for free at health fairs but then bill Medicare for expensive equipment that doesn't match what was actually provided. The article advises seniors and their families to carefully review their Medicare Explanation of Benefits statements and report suspicious billing discrepancies to the Senior Medicare Patrol, as this type of fraud can indicate a compromised Medicare number. If you encounter this situation, contact your local Area Agency on Aging or Medicare directly rather than ignoring unexpected charges.
forbes.com
· 2026-06-13
In 2024, Americans lost $470 million to text scams (also called "smishing"), which are fraudulent messages designed to trick people into clicking malicious links, sharing personal information, or sending money. Common scams include fake package delivery notifications, fake bank alerts, and fake job offers, and they're becoming increasingly difficult to detect as scammers use AI technology. To protect yourself, be skeptical of unsolicited texts, avoid clicking suspicious links, verify contact information independently, enable spam filters on your phone, and report suspected scams to 7726 (SPAM) and the Federal Trade Commission.
pcpatriot.com
· 2026-06-13
Virginia State Police are urging the public to protect themselves from monetary and identity scams by taking time to verify requests independently rather than rushing into decisions, especially since scammers exploit urgency and fear. Key protective measures include using unique passwords, establishing a trusted buddy system to review suspicious calls or texts, avoiding sharing personal information without verification, and being cautious about what information is posted on social media. The guidance, released around World Elder Abuse Awareness Day, emphasizes that if something seems too good to be true, it likely is, and that anyone can fall victim to scams regardless of age.
lvpnews.com
· 2026-06-13
AARP Pennsylvania is warning about rising fraud targeting older adults, particularly through cryptocurrency kiosks at convenience stores and gas stations where scammers trick victims into converting cash to untraceable digital currency. Seniors are being manipulated by increasingly sophisticated scams that create false urgency, resulting in significant financial losses and emotional harm. The organization urges people to talk openly with family about scam tactics, learn to recognize urgent payment demands, report suspected fraud to law enforcement, and help spread awareness in their communities.
lowellsun.com
· 2026-06-13
A California man was sentenced to two to four years in prison after attempting to collect $50,000 in cash from a 92-year-old New Hampshire woman as part of a tech-support scam in which fraudsters used fake pop-up alerts to convince her that her bank accounts were compromised. The woman realized something was wrong and contacted police, who set up a controlled operation and arrested the suspect when he arrived at her home. Authorities advise elderly individuals and their families to be suspicious of unsolicited tech alerts, never withdraw large sums of cash based on computer warnings, and to contact local police or the state's Elder Abuse and Financial Exploitation Unit if they suspect they've been targeted by scammers.
foxrgv.tv
· 2026-06-13
Elder abuse—including physical violence, emotional mistreatment, neglect, and financial exploitation—is a widespread problem in Texas that often goes unreported due to stigma, fear, and lack of awareness. About 10% of adults over 60 experience some form of abuse annually, though experts believe the actual rate is much higher, making vulnerable seniors with mobility issues, cognitive impairments, or social isolation particularly at risk. To help protect elderly Texans, communities are urged to learn warning signs of abuse, report suspected cases to Texas Adult Protective Services, and become more vigilant about safeguarding seniors' wellbeing.
foxnews.com
· 2026-06-12
Scammers are targeting older adults with "grandparent scams" that use AI voice-cloning technology and stolen personal data to impersonate family members in distress and request urgent money transfers, resulting in over $5 million in reported losses in 2025 alone. The scams exploit three key pieces of information (date of birth, last four Social Security digits, and mailing address) that have been exposed in numerous data breaches and are commonly used for identity verification at banks and financial institutions. To protect yourself, verify unexpected urgent requests by contacting family members directly through known phone numbers, be skeptical of time-pressure tactics, and never transfer money based on emotional appeals or unfamiliar callers, even if they sound like someone you know.
blog.google
· 2026-06-12
Google is taking action against a major AI-powered scam operation called the "Outsider Enterprise," which sends fake text messages impersonating trusted brands like Google and banks to steal passwords and credit card information. The company is filing a lawsuit to dismantle the network, coordinating with the FBI and telecom companies (AT&T, T-Mobile, Verizon) to block these fraudulent texts, and pushing for new federal legislation to strengthen protections. To protect yourself, be cautious of unsolicited text alerts about packages or account issues, and use built-in security features on your phone that can detect and block suspicious messages.
salazar.house.gov
· 2026-06-12
Lawmakers have introduced bipartisan legislation to combat crypto ATM scams that cost Americans over $333 million in 2025, with seniors age 60 and older accounting for more than 85% of losses. The Stop Crypto ATM Scams Act would establish new safeguards, strengthen transparency requirements for crypto ATM operators, and give law enforcement better tools to investigate and prosecute these crimes. If you're a senior or helping elderly relatives manage finances, be wary of unsolicited requests to withdraw money and transfer it via cryptocurrency ATMs, and report suspected scams to the FBI immediately.
cbsnews.com
· 2026-06-12
Fulton County District Attorney Fani Willis is warning seniors about a surge of scams targeting them, including common schemes involving threatening phone calls about arrests or false bank deposits, as well as a new World Cup-related fraud where scammers pose as people needing to exchange counterfeit foreign currency for cash. Seniors are particularly vulnerable because they're law-abiding, conflict-averse, and trusting, making them ideal targets for fraudsters. Willis advises seniors to follow the "SAFE" approach—Stop, Assess the situation, reach out to Family or Friends, and Exit—and to call police rather than engage directly if approached by anyone asking for money or help in suspicious circumstances.
valdostatoday.com
· 2026-06-12
The IRS is warning seniors about a surge in financial fraud, with losses reaching $7.748 billion in 2025—a 59% increase from the previous year. Older adults are targeted through various schemes including government impersonation, fake investments, identity theft, and romance scams across phone calls, email, and social media. To protect themselves, seniors should verify any unexpected contact through official phone numbers and never send money via gift cards or wire transfers to unknown parties.
finance.yahoo.com
· 2026-06-12
Scammers are impersonating law enforcement, government agencies, and bank officials to trick seniors into buying physical gold and handing it over, often after coaching victims on what to say and pressuring them to keep transactions secret from family. The scheme typically starts with phone calls, texts, or emails claiming the victim's bank account is compromised or that they're under investigation, creating false urgency to buy gold. Families should watch for warning signs like requests to keep transactions private or buy gold, and remember that legitimate law enforcement and bank officials will never ask someone to purchase gold or hide financial transactions from loved ones.
wxyz.com
· 2026-06-12
On World Elder Abuse Awareness Day, Fifth Third Bank is hosting a free community event in Detroit to help seniors and their families recognize and prevent scams. The "Protect Your Money: Banking Safety & Scam Prevention" event will take place on June 15 and feature experts including fraud prevention specialists, gerontology professionals, and law enforcement officers. Interested attendees can reserve a spot to learn practical strategies for protecting themselves and their loved ones from financial fraud.
thestandard.com.hk
· 2026-06-12
A retired Hong Kong woman in her 60s lost HK$1.6 million to an online romance scammer who posed as a Chinese-American military doctor and promised her millions if she helped cover his supposed early retirement fees. This case is part of a surge in romance scams across Hong Kong, with police reporting over 10 similar cases in one week resulting in nearly HK$5 million in losses. To protect yourself, police advise verifying the identities of online contacts through video calls and avoiding transfers to unfamiliar personal bank accounts.