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in Crypto Investment Scams
indianexpress.com
· 2025-12-08
Meta removed over 23,000 Facebook pages and accounts operating scam networks targeting users in India and Brazil, which used deepfakes of celebrities and financial influencers to promote fake investment apps and gambling websites. Victims were redirected to messaging apps or fake Google Play Store pages where scammers posed as investment advisors and collected payments before disappearing or reversing transactions. Meta implemented anti-fraud measures including facial recognition technology for identity verification, advance-payment warnings, and suspicious activity detection, while partnering with Indian government agencies to conduct cybersecurity awareness training.
about.fb.com
· 2025-12-08
Investment and payment scams exploit current events and economic anxieties through fraudulent schemes promising quick returns on cryptocurrency, real estate, or other assets, often contacted via email, social media, or calls. Common tactics include fake investment coaching groups, advance payment schemes on resale platforms, and overpayment-refund fraud where scammers reverse legitimate payments after receiving refunds. Protection strategies include verifying investment advisers through FINRA BrokerCheck or SEC tools, recognizing warning signs of suspicious accounts, and using platform safety features like payment warnings and facial recognition verification.
2news.com
· 2025-12-08
The Better Business Bureau held educational classes during Older Americans Month to teach community members about fraud prevention, with imposter scams and identity theft identified as the most common threats overall, while cryptocurrency investment, romance, and employment scams pose the greatest risk to those 55 and older. The BBB emphasized that technology gives scammers an advantage, particularly against older adults less fluent with digital tools, and offered resources including a Scam Tracker for reporting incidents and a free Scam Survival Toolkit to help victims recover both financially and emotionally from fraud.
fox5vegas.com
· 2025-12-08
The Solera Community Center in Henderson hosted a fraud prevention seminar called "Robbery Not Reported" to educate Las Vegas Valley seniors on recognizing and protecting themselves from sophisticated scams involving money theft, identity theft, and data breaches. An attendee shared that he lost $3,000 to a cryptocurrency scam and knew someone who lost $100,000 to a romance scam, emphasizing the importance of community communication and reporting without shame to combat fraud.
aol.com
· 2025-12-08
According to the FBI's 2024 Internet Crime Report, Americans over 60 lost approximately $4.885 billion to cybercrimes in 2024—about 40% of all reported cybercrime losses—averaging $83,000 per victim, representing a 46% increase in complaints from the prior year. Seniors are particularly vulnerable due to declining digital literacy and financial awareness, with investment scams, tech support scams, and romance scams causing the largest losses, often involving cryptocurrency. The most common cyberattacks targeting this demographic include phishing, spoofing, extortion, sextortion, and personal data breaches, with criminals exploiting loneliness and trust
aol.com
· 2025-12-08
According to the FBI's 2024 Internet Crime Report, Americans aged 60+ reported approximately 147,000 cybercrimes totaling $4.885 billion in losses, averaging $83,000 per victim—representing 40% of all cybercrime losses despite being a portion of complainants. Seniors are particularly vulnerable to phishing, tech support scams, investment fraud, and romance scams due to declining digital literacy and social isolation, with investment scams causing the largest financial losses for this age group.
lifehacker.com
· 2025-12-08
This article provides consumer awareness about emerging tariff-related scams rather than reporting a specific fraud incident. The main scam types include: fake government emails impersonating U.S. Customs demanding direct tariff payments (identifiable by non-.gov domains and recent registration dates), fraudulent shipping company messages claiming packages are held for tariff fees, and counterfeit factory shopping schemes promoted on social media. Consumers should remember that tariffs are passed through higher prices, not paid directly, and should verify any suspicious communications through official company websites and customer service.
thehackernews.com
· 2025-12-08
Cybersecurity researchers identified two threat actor groups—Reckless Rabbit and Ruthless Rabbit—operating investment scams that use spoofed celebrity endorsements on social media to direct victims to fake cryptocurrency exchanges and investment platforms. The scammers collect personal and financial information through deceptive web forms, validate victims using IP geolocation tools, and route qualified targets through traffic distribution systems to either steal funds directly or connect them with call centers that coach them into depositing money. Both groups primarily target users in Eastern Europe and use domain generation algorithms and cloaking services to evade detection.
herald-dispatch.com
· 2025-12-08
Scammers commonly target adults 55+ with investment/cryptocurrency scams, online purchase fraud, romance scams, and home improvement schemes. The article outlines key warning signs including unsolicited calls from those claiming to be government officials or bank employees, requests for unusual payment methods, pressure to act quickly, and too-good-to-be-true offers. Recommended protections include registering with the National Do-Not-Call Registry, hanging up on unsolicited callers, researching investments thoroughly, avoiding clicking suspicious links, and verifying unexpected claims by contacting official sources directly.
businessday.ng
· 2025-12-08
Nigerians lost N911.45 billion to Ponzi and related fraud schemes over 23 years, with recent victims falling prey to illegal schemes like Crypto Bridge Exchange that promised 100% returns in 30 days. The Securities and Exchange Commission released a 30-point scam advisory warning of red flags including pressure to act quickly, promises of guaranteed profits with no risk, and requests for payment via gift cards or cryptocurrency, emphasizing that investors should verify company registration and never yield to high-pressure tactics.
news4jax.com
· 2025-12-08
Travel scams are widespread, with one in three Americans reporting they've fallen victim to schemes offering fake deals on hotels, flights, and rentals, with a third losing $1,000 or more. Common tactics include fake travel websites, non-existent properties, and Airbnb impersonation scams where scammers pose as hosts and direct victims to pay via wire transfer outside the official platform. The FTC advises travelers to book directly through official websites, use credit cards instead of wire transfers or cryptocurrency, research companies thoroughly, and avoid deals that sound too good to be true.
aarp.org
· 2025-12-08
Older Americans reported nearly $4.9 billion stolen through fraud in 2024, a 43 percent increase from the previous year, with victims 60 and older averaging losses of $83,000—significantly higher than the overall fraud average of $19,000 across all ages. Investment scams were the leading category affecting seniors, accounting for over $1.8 billion in losses, followed by tech support scams ($982 million) and romance/confidence scams ($389 million), with cryptocurrency investment fraud emerging as a rapidly growing threat often involving "pig butchering" schemes and fraudulent cryptocurrency ATMs. The actual financial impact likely exceeds reported figures due to underreporting,
newtondailynews.com
· 2025-12-08
The "Pig Butchering Scam" combines romance fraud with cryptocurrency schemes, where scammers build trust with victims over weeks or months before pitching fake investment opportunities and stealing their money. The FTC reported record losses of $12.5 billion to fraud in 2024 (a 25% increase), with investment scams alone accounting for $4.7 billion in losses and a median loss of $9,196 per victim. Protection involves blocking unsolicited contacts, verifying investment opportunities through research and trusted advisors, and immediately reporting suspected scams to law enforcement and financial institutions.
aarp.org
· 2025-12-08
Older Americans (60+) lost nearly $4.9 billion to fraud in 2024—a 43% increase from the previous year—with an average loss of $83,000 per victim, according to the FBI's annual report. Investment scams were the costliest fraud type affecting seniors ($1.8 billion), followed by tech support scams ($982 million) and romance scams ($389 million), with cryptocurrency investment fraud and pig butchering schemes emerging as rapidly growing threats. The significantly higher average loss for older adults compared to the national average of $19,000 demonstrates that while fraud affects all ages, its impact on seniors is often financially catastrophic.
therecord.media
· 2025-12-08
The U.S. Treasury Department sanctioned Myanmar militia group Karen National Army (KNA) and its leader Saw Chit Thu for profiting from large-scale cyber scam operations, particularly in Shwe Kokko where industrial scamming compounds force trafficked workers to defraud victims through fraudulent investment schemes. The KNA leases land to criminal groups, provides security, and facilitates human trafficking to support these operations, which have caused Americans to lose over $6.5 billion to cryptocurrency investment fraud alone. The sanctions block the militia leader and his family from U.S. business dealings and follow international designations by the UK and EU, as well as broader Treasury actions against money laun
saharareporters.com
· 2025-12-08
Friday Audu was arrested in December 2024 and arraigned in May 2025 on seven counts including retention of crime proceeds, forgery, and possession of fraudulent documents involving $2.5 million and N3.5 billion. According to the Economic and Financial Crimes Commission (EFCC), Audu allegedly masterminded a 792-member syndicate engaged in cryptocurrency investment and romance scams. He pleaded not guilty and was remanded in custody pending trial, with the case adjourned to June 2025.
indeonline.com
· 2025-12-08
The Better Business Bureau alerts adults 55 and older that investment/cryptocurrency scams, online purchase scams, and romance scams pose significant risks to this demographic. The BBB recommends protecting yourself by avoiding unsolicited calls and unverified callers, researching investments thoroughly, recognizing red flags like pressure tactics and requests for unusual payment methods, and being cautious of too-good-to-be-true offers for home improvement, medical equipment, and charities. Specific threats include phone fraud where scammers impersonate government agents or banks, Medicare fraud involving fake durable medical equipment, and malware from suspicious links in emails or social media.
cantonrep.com
· 2025-12-08
The Better Business Bureau warns adults ages 55 and older that investment/cryptocurrency scams, online purchase scams, romance scams, and home improvement scams pose the greatest risks to this demographic. The BBB recommends protecting oneself by being skeptical of unsolicited calls (especially those impersonating government agencies), recognizing common scam red flags like pressure to act quickly or requests for unusual payment methods, researching investments carefully, and avoiding clicking links in unsolicited emails or messages.
dailyhodl.com
· 2025-12-08
Two Houston men, Bradley Kane Zarco and Travis Castaneda Qawasmeh, along with three accomplices, pleaded guilty to stealing at least 120 credit cards and bank statements from the mail, then activating the cards, increasing credit limits, and using them to purchase retail items, gift cards, and withdraw cash over six months. The scheme resulted in $1 million in losses to JPMorgan Chase, with sentences ranging from 41 months to five years in prison for the five perpetrators.
pulse2.com
· 2025-12-08
Scamnetic, a digital fraud prevention company, secured $13 million in Series A funding led by Roo Capital to expand its AI-powered scam detection and intervention services, bringing total investment to $16 million. The funding will support growth in marketing, sales, and customer support, as well as accelerate product development for services including email/message scanning, identity verification, victim assistance hotlines, and scam education resources. The company aims to address the growing global scam problem as fraudsters increasingly use AI-enhanced tactics to target consumers and businesses.
signalsaz.com
· 2025-12-08
Fraud affects all age groups but scammers tailor tactics to exploit generation-specific vulnerabilities: Gen Z faces employment and crypto scams via social media, Millennials encounter investment fraud through spoofed communications, Gen X targets investment schemes, and Seniors are most susceptible to romance, investment, and home improvement scams resulting in losses of $10,000 to $100,000 or more. Desert Financial Credit Union advises recognizing red flags such as unsolicited contact, requests for money or wire transfers, urgency, and coaching about what to tell financial institutions, recommending victims pause to research claims and consult trusted contacts before authorizing any transactions.
highlandcountypress.com
· 2025-12-08
Ohio's Departments of Commerce and Aging are warning seniors about escalating financial fraud, noting a 22% increase in scam complaints in Ohio (302 in 2024 vs. 247 in 2023) and $1.6 billion in elder fraud losses nationally from January-May 2024. Scams have become increasingly sophisticated, utilizing AI voice cloning and cryptocurrency transfers, with older adults aged 60+ now 60% more likely than younger adults to lose over $100,000. The departments recommend protective measures including verifying unfamiliar contacts, resisting pressure tactics, monitoring accounts regularly, and reporting suspected fraud immediately.
aol.com
· 2025-12-08
A Cambodia-based gang with North Korean ties operating under the Huione Group has stolen billions of dollars from Americans through "pig butchering" romance scams and investment fraud since August 2021, according to federal officials. Between August 2021 and January 2025, Huione raked in at least $4 billion in proceeds, with the operation facilitating payments and cryptocurrency exchanges that enabled the scams targeting US retirees and others through dating apps and social media. The US Treasury Department has proposed a federal rule to sever Huione Group's access to the US financial system, with one victim, Beth Hyland, losing $26,000 to a Tinder sc
newsbreak.com
· 2025-12-08
Wesley Pines Retirement Community is hosting its second annual Scam Jam event on May 7 to educate seniors aged 60+ about common fraud schemes, including crypto, romance, and Medicare card scams. According to a 2025 National Council on Aging report, seniors lost over $3 billion to fraud in 2023, affecting more than 100,000 people. The free event will feature speakers from financial institutions and law enforcement, plus a document shredding service to help attendees safely dispose of personal information.
aol.com
· 2025-12-08
Scams and fraud are surging at alarming rates, affecting millions of Americans and causing significant financial and emotional harm. The U.S. Government Accountability Office has called for a national strategy to combat fraud, including standardized definitions and measurements, with proposed legislation like the GUARD Act aimed at requiring federal agencies to report on the scope of scams to Congress. Industry leaders and policymakers argue that comprehensive federal data collection and cross-sector collaboration between government, financial institutions, technology companies, and law enforcement are essential to developing targeted fraud prevention strategies and protecting vulnerable consumers.
robesonian.com
· 2025-12-08
Wesley Pines Retirement Community is hosting its second annual Scam Jam awareness event on May 7, targeting seniors 60+ who are particularly vulnerable to fraud schemes including cryptocurrency, romance, and Medicare card scams. According to the National Council on Aging, individuals over 60 lost over $3 billion to fraud in 2023, affecting more than 100,000 people. The free event will feature educational speakers from financial institutions, Social Security, and law enforcement, along with a document shredding service to help attendees safely dispose of personal information.
newsbreak.com
· 2025-12-08
A retired caregiver in Fresno, California discovered her identity had been stolen in a cryptocurrency investment scam when friends congratulated her on launching a crypto business; the fraudulent Facebook post falsely claimed she was a certified "Expert Crypto Trader" and garnered 160+ responses, though the actual number of victims who sent money remains unknown. California's Department of Social Services received over 190,000 reports of financial abuse against seniors between January 2022 and February 2025, with experts noting that older adults are particularly vulnerable to sophisticated scams involving cryptocurrency, phishing, impersonation, and romance fraud, especially as AI technology makes these schemes more convincing.
mississauga.com
· 2025-12-08
A 28-year-old Toronto man was charged with defrauding two victims of over $610,000 through a romance scam conducted between June 2021 and July 2023, in which he posed as an oil rig owner seeking urgent financial assistance while communicating only electronically and never meeting the victims in person. The suspect, who faces multiple fraud and money laundering charges, was previously accused of using the same method to steal over $250,000 from another victim in November 2023, and police believe he is part of a larger criminal network targeting vulnerable users on dating websites.
futurism.com
· 2025-12-08
Scammers are increasingly using AI-powered "realtime deepfakes" to commit fraud against elderly and younger users alike, altering their appearance and voices in live videos to impersonate trusted individuals or create convincing false identities. Common schemes include romance scams, Medicare fraud, and the "grandparent scam," in which criminals impersonate a loved one's voice to coerce money or sensitive information; one Canadian grandmother lost $9,000 CAD to such a scam. While elderly users are traditionally vulnerable, research shows younger generations (Gen Z, millennials, Gen X) are 34 percent more likely to lose money to fraud overall, though the growing sophist
koaa.com
· 2025-12-08
In 2024, scammers stole $243.5 million from Colorado victims and over $16 billion nationwide, according to FBI data—a $56 million increase in Colorado compared to 2023. Seniors aged 60 and older reported 3,125 complaints involving $74.5 million in losses, with the most costly schemes being investment fraud ($90 million), business email compromise ($48 million), and personal data breaches ($23 million). The FBI warns that scammers are becoming increasingly sophisticated, using social media, dating sites, and text messages to build trust before pitching fraudulent cryptocurrency and other investment schemes, with recovery of stolen funds typically
times-advocate.com
· 2025-12-08
Senior citizens in San Diego County lose an estimated $100 million annually to scams, with the actual figure likely higher due to underreporting from shame. A common fraud involves scammers posing as tech companies to gain remote computer access, then stealing money directly or tricking victims into purchasing gold or wiring funds. The San Diego District Attorney's office has established an Elder Justice Task Force with local and federal partners to prosecute perpetrators and educate the public on prevention measures, including never allowing remote access, meeting strangers for cash, or purchasing gold or cryptocurrency at anyone's request.
keyt.com
· 2025-12-08
A retired caregiver in Fresno, California discovered her identity had been stolen for a cryptocurrency investment scam on Facebook, where scammers posed as her offering "Expert Crypto Trader" services with falsified certificates. California has reported over 190,000 cases of alleged financial abuse against seniors from January 2022 to February 2025, with cryptocurrency, phishing, romance, and government impersonation scams being prevalent, particularly in Fresno and Madera counties. Experts recommend seniors avoid sending money to unknown individuals, verify claims through official sources, and report suspected fraud to the Department of Financial Protection and Innovation.
fhtimes.com
· 2025-12-08
Scammers tailor their fraud tactics by age group, targeting Gen Z with employment and crypto scams on social media, millennials with investment fraud via text and email, Gen X with retirement-focused investment schemes, and seniors with romance, home improvement, and crypto scams that often result in losses of $10,000 to $100,000 or more. Seven key warning signs of scams include unsolicited contact from strangers, requests for money or wire transfers, artificial urgency, coaching about what to tell financial institutions, and discouragement from trusting banks. The article advises verifying suspicious offers through Google searches, consulting trusted contacts and financial institutions, and recognizing that fraudsters use
wowt.com
· 2025-12-08
Nebraska Attorney General Mike Hilgers warned of a surge in romance and cryptocurrency investment scams targeting Nebraskans, with victims losing up to six-figure amounts. Scammers use fake trading platforms and fabricated bank statements to lure victims into making initial investments, then pressure them to increase investments for higher returns, sometimes building fake romantic relationships to gain trust. Officials advise Nebraskans to avoid sending money to unknown online contacts, be wary of investment offers on messaging apps like WhatsApp or Telegram, and report suspected scams to their bank, cryptocurrency exchange provider, or the FBI's Internet Crime Complaint Center.
nypost.com
· 2025-12-08
A Cambodia-based gang with North Korean ties operated the Huione Group, which facilitated "pig butchering" romance scams and other cyber fraud against Americans, stealing at least $4 billion between August 2021 and January 2025. The scammers used dating apps, social media, and professional networking sites to pose as romantic interests or business contacts, convincing victims to invest in cryptocurrency or transfer funds for fake business ventures. The U.S. Treasury Department announced a proposed rule to sever Huione's access to the American financial system, with one victim, Beth Hyland, losing $26,000 after being manipulated into sending bitcoin payments through ATMs to a Nigeria
northplattebulletin.com
· 2025-12-08
Nebraska Attorney General Mike Hilgers reported a surge in romance scams and cryptocurrency-based frauds affecting state residents, with the office receiving reports of six-figure losses. Scammers typically start by encouraging victims to make small investments through fake trading platforms and apps, then use fabricated bank statements and documents to convince victims their money is growing, prompting larger investments.
norfolkneradio.com
· 2025-12-08
Nebraska Attorney General Mike Hilgers issued a consumer alert regarding a surge in romance scams and cryptocurrency investment fraud, with victims losing six-figure sums after being lured by fake investment returns or romantic relationships. Scammers employ tactics including fake bank statements and requests to increase investments, often directing victims to encrypted messaging apps to discuss transactions. The alert advises never sending money to online contacts you haven't met in person and to report suspected scams to your bank, cryptocurrency exchange, or the Nebraska Attorney General's Consumer Affairs Response Team.
timesofindia.indiatimes.com
· 2025-12-08
A North Korea-linked Cambodian organization called Huione Group fraudulently obtained over $4 billion from US citizens between August 2021 and January 2025 through romance scams and "pig butchering" investment schemes on dating and professional networking platforms, with $37 million supporting North Korean cyber operations. The organization facilitated criminals in targeting US pensioners and other victims by posing as romantic interests or investment professionals on social media, convincing them to invest in cryptocurrency before stealing their funds. Federal authorities announced enforcement measures including proposed Treasury regulations to block Huione's access to US financial systems, citing the company's failure to maintain proper anti-money laundering protocols.
hawaiibusiness.com
· 2025-12-08
Hawai'i residents lost $61.6 million to fraud in 2024, with scams ranging from romance and cryptocurrency schemes to employment and ticket fraud. While younger people now fall victim to scams as frequently as older adults due to increased online activity and confidence with technology, older adults typically lose larger amounts of money per incident, with romance scams having the highest median loss at $6,099. Experts advise victims and potential targets to pause and step away from high-pressure situations to recognize scams, as fraudsters rely on creating urgency and emotional manipulation to bypass critical thinking.
foxnews.com
· 2025-12-08
The FBI warns of sophisticated scams where fraudsters impersonate doctors, police, and bank officials using spoofed numbers and "smishing" texts, often targeting previous fraud victims through social media with promises of fund recovery. These schemes employ AI and deepfakes to appear legitimate, with scammers posing as recovery experts or FBI officials to steal personal information and money a second time. The article recommends staying calm when contacted by suspected scammers, avoiding unknown contact numbers, refusing remote access or software downloads, using strong antivirus protection, and considering personal information removal services as defensive measures.
abc6onyourside.com
· 2025-12-08
Ohio state agencies warned seniors of escalating financial scam threats during Older Ohioans Month, noting a 22% increase in fraud complaints in 2024 with 302 cases logged and national elder fraud losses reaching $1.6 billion in the first five months of 2024. Officials highlighted increasingly sophisticated schemes involving AI voice cloning and cryptocurrency that are harder to detect, urging seniors to verify identities, avoid high-pressure tactics, and monitor accounts closely.
dailyherald.com
· 2025-12-08
I cannot summarize this content as it appears to be an error message from a web security service (Incapsula) rather than an article about elder fraud, scams, or abuse. The message indicates the original request was blocked or unsuccessful.
Please provide the actual article or transcript you'd like summarized for the Elderus database.
klin.com
· 2025-12-08
Nebraska Attorney General Mike Hilgers issued a consumer alert warning of a sharp rise in cryptocurrency investment scams, many beginning with online romance schemes that lure victims—particularly seniors—into fake crypto platforms where they invest six-figure sums based on fabricated documents showing high returns. Scammers typically start with small investments and emotional connections before pressuring victims to deposit more money, sometimes depleting entire retirement savings. The Attorney General advises avoiding crypto investments promising high returns with little risk, never sending money to people you haven't met in person, and reporting suspected scams to the FBI's Internet Crime Complaint Center.
koreajoongangdaily.joins.com
· 2025-12-08
A criminal ring operating from Cambodia used deepfake technology to create fake personas of attractive women and men to conduct romance and investment scams, defrauding over 100 victims of approximately $8.39 million since March 2024. Police arrested 10 suspects and booked 35 others involved in the operation, which targeted vulnerable populations including people with disabilities, the elderly, and homemakers, with individual losses ranging from approximately $1,400 to $560,000. The scammers built elaborate fake identities with detailed backstories and video call capabilities to gain trust before requesting money for living expenses or directing victims to fraudulent investment platforms.
kgfw.com
· 2025-12-08
Nebraska Attorney General Mike Hilgers issued a consumer alert regarding a surge in romance scams and cryptocurrency investment fraud, with multiple victims losing six-figure sums after scammers used fake trading platforms and fabricated documents to convince them their investments were growing. Seniors have been particularly targeted, though victims span all age groups, with scammers often establishing fake romantic relationships before soliciting cryptocurrency investments. The alert advises avoiding unsolicited crypto investment offers, especially those promising high returns with minimal risk, and recommends reporting suspected scams to the FBI's IC3 or the Nebraska Attorney General's office.
local.aarp.org
· 2025-12-08
This article describes an educational event held by AARP Virginia that presented information about six types of scams targeting older adults, paired with wine tastings. The scams covered included cryptocurrency fraud (where victims are tricked into depositing cash at crypto ATMs), jury duty scams (imposter calls claiming arrest is imminent unless fines are paid), and romance scams, with volunteers providing recognition strategies and prevention advice for each.
finance.yahoo.com
· 2025-12-08
In 2024, the FBI's Internet Crime Complaint Center reported $9.3 billion in losses from cryptocurrency-related scams across 149,686 complaints, a 66% increase from the previous year and the highest figure in IC3 history. Individuals aged 60 and older were the most affected demographic, accounting for over 33,000 complaints and $2.8 billion in losses—nearly one-third of total losses—with younger age groups also significantly impacted. Scammers employed tactics including investment fraud, social engineering, phishing, and impersonation of legitimate platforms, with victims often manipulated via social media and dating apps into transferring funds
myfox28columbus.com
· 2025-12-08
Ohio state agencies warned seniors of escalating financial fraud threats during Older Ohioans Month, noting that Securities Division complaints rose 22% in 2024 to 302 cases, while national elder fraud losses reached $1.6 billion in the first five months of 2024. Officials highlighted increasingly sophisticated scams including AI voice cloning and cryptocurrency schemes, urging seniors to verify identities, resist pressure tactics, and monitor accounts closely.
tmj4.com
· 2025-12-08
A retired woman in Oconomowoc, Wisconsin lost her entire savings of $24,000 to a cryptocurrency scam after scammers impersonated Microsoft and her bank, convincing her to transfer money to a Bitcoin ATM under the false pretense of protecting her account from fraud. Local police reported an alarming increase in similar crypto scams over the past year, with some departments posting warning signs at Bitcoin ATMs to alert residents to common scam tactics. Once the money was transferred to the ATM, it was lost and likely moved internationally.
nbcnewyork.com
· 2025-12-08
This is not an article about elder fraud, scams, or abuse. It appears to be a promotional piece about consumer reporter Lynda Baquero and her commitment to responding to consumer inquiries. It contains no information about fraud, scams, elder abuse, or consumer harm that would be relevant to the Elderus database.