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in Financial Crime
livebitcoinnews.com
· 2025-12-08
Indian police arrested 26-year-old Harshik Mukeshbhai Patel from Gujarat for operating a fake cryptocurrency website that defrauded traders of approximately Rs. 1.5 crore ($180,000) in 2023. The fraudulent site cloned legitimate crypto exchanges and promised returns of 10-25% within days, causing multiple investors to lose their savings before money was funneled through various bank accounts. Investigators believe Patel is part of a larger organized scam network and are continuing to identify other members involved in similar cryptocurrency fraud schemes operating in India.
straitstimes.com
· 2025-12-08
Singapore police investigated 536 people for their suspected involvement in scams and unlicensed moneylending activities totaling over $12.2 million in losses during a June 30-July 11 enforcement operation by the Bedok Police Division. Of those under investigation, 391 suspects were linked to more than 2,400 cases including e-commerce, investment, job, rental, and phishing scams, while 145 were implicated in loan scams and unlicensed moneylending involving over $250,000. The operation resulted in 36 arrests, with the suspects ranging in age from 16 to 81 years old.
nypost.com
· 2025-12-08
Licensed NYC pedicab drivers report that illegal operators—many migrants from countries including Turkey and Tajikistan—have decimated their business by approximately 60% since the pandemic, with rogue drivers charging tourists exorbitant fares (up to $1,000 per ride) and engaging in price-gouging schemes. The New York Pedicab Alliance, representing over 200 licensed drivers, is demanding stricter city enforcement, legalization of electric-assist technology, and regulation of insurance costs, while the NYPD reports issuing 1,851 summonses and seizing 165 illegal pedicabs in Midtown this year.
govtech.com
· 2025-12-08
This article highlights the prevalence of cryptocurrency scams targeting investors, despite rising Bitcoin prices and mainstream crypto adoption. Recent cases include a $650 million OmegaPro multi-level marketing scheme promising 300% returns, a Chicago-area veteran defrauded of $10,000 by an Elon Musk impersonator, and a Secret Service operation that seized nearly $400 million in crypto assets stolen through various scams. The article warns that scammers exploit legitimate market enthusiasm and media coverage to lure victims into fraudulent investment platforms that vanish with deposits once initial profits are shown.
timesofmalta.com
· 2025-12-08
This educational piece outlines how modern fraud affects individuals and organizations across all demographics through sophisticated digital tactics including phishing, deepfakes, and romance scams. It emphasizes that cybercriminals use AI, public information, and impersonation to deceive victims, with goals ranging from financial theft to data breaches and ransomware attacks. The article advocates for defense through education, technology investment, personal vigilance, and coordinated efforts across financial institutions, law enforcement, and government to combat the growing threat.
wave3.com
· 2025-12-08
A 22-year-old caregiver employed by United Home Health in Memphis was arrested for stealing approximately $82,000 worth of jewelry from her elderly patients' home and pawning the items between June 9-30. Corine Mukes, who had been providing in-home care since June, was identified by the patients' spokesperson and apprehended after detectives obtained video footage and pawn shop records confirming the sales. She was charged with theft of property valued between $60,000-$250,000 and financial exploitation of the elderly.
news.sky.com
· 2025-12-08
Children as young as seven are being referred to Britain's cyber crime intervention program, with an average referral age of just 15, as young hackers steal millions from major UK companies. Former cybercriminals Ricky Handschumacher and Joseph Harris—who each served prison sentences for stealing millions in cryptocurrency—warn that teenagers are increasingly exploiting gaming platforms and social engineering tactics to commit cyber attacks, with gaming being a major pathway into crime for vulnerable youth. Insurance payouts to hacked UK businesses have increased 230%, with teenagers and young adults suspected in major attacks on companies including Marks & Spencer (£136m loss), Co-op (6.5 million customer records stolen),
sidneydailynews.com
· 2025-12-08
Financial scams targeting elderly residents in Shelby County, Ohio have become increasingly sophisticated, with people age 60 and over losing a combined $3.4 billion to fraud worldwide in 2023 alone. Scammers employ methods including Social Security imposter scams, grandparent schemes (enhanced by AI-generated voices and videos), and fake law enforcement threats to extract personal information and money from victims. Elderly individuals are particularly vulnerable due to accumulated wealth, health-related sensory impairments, and reluctance to report fraud due to embarrassment or fear of losing independence.
freep.com
· 2025-12-08
Mubasher Riaz, an Ypsilanti physician, pleaded guilty to wire fraud for operating an online return scam with his brother from 2017-2023, defrauding vendors of at least $400,000 by submitting false refund claims while keeping the products and reselling them. Riaz was simultaneously investigated for child sexual exploitation after FBI agents discovered fraud evidence during a raid on his home; he had solicited nude photos from girls as young as 11 and sexually assaulted a 14-year-old. He received a 15.5-year prison sentence for the child crimes and agreed to pay $150,000 in restitution
citrusheightssentinel.com
· 2025-12-08
A Sacramento County Grand Jury report found that over 97 percent of elder financial abuse cases confirmed by Adult Protective Services since 2019 have not been adequately investigated by law enforcement, with only 99 of 1,678 referred cases resulting in charges filed. The Citrus Heights City Council approved a response letter acknowledging that the police department has prioritized violent crimes over financial elder abuse investigations due to limited resources, while also highlighting their data tracking systems and community outreach efforts on the issue.
cvillerightnow.com
· 2025-12-08
Federal Trade Commission data estimates fraud theft in the United States reached $158.3 billion in 2023, with imposter scams, romance scams, tech scams, and investment scams being the most common types, typically beginning with phishing attempts via email, text, phone, or QR codes. AARP Virginia warns that AI technology is making scams increasingly convincing, particularly grandparent scams using synthesized voice calls, and recommends victims and witnesses report fraud to local law enforcement or contact AARP's Fraud Watch Network at 1-877-908-3360.
kdhlradio.com
· 2025-12-08
A gold investment scam has resurfaced in Platteville, Wisconsin, targeting elderly residents by impersonating government employees who claim victims have arrest warrants and can settle them by purchasing gold. At least two people have fallen victim to this scheme, which instructs targets to withdraw large sums of money, purchase gold from local dealers, and hand it over to a supposed intermediary who never returns. The Platteville Police Department warns residents to educate elderly family members about this fraud, as scammers use urgency and panic tactics to manipulate vulnerable populations.
ainvest.com
· 2025-12-08
Three major U.S. banks—Wells Fargo, JPMorgan Chase, and Bank of America—denied reimbursement claims from customers who lost funds to sophisticated scams, including impersonation fraud ($20,000), phishing and malware attacks, and a taxi fraud scheme ($450). The cases highlight gaps in fraud prevention and reimbursement policies, as banks rely on transaction verification methods that scammers increasingly bypass through social engineering and malware, leaving victims with limited recourse despite clear evidence of fraud.
mcknightsseniorliving.com
· 2025-12-08
Older adults lost nearly $5 billion to fraud and scams in 2024, with losses increasing 41% from $3.4 billion in 2023 and average individual losses reaching $83,000, according to a U.S. Senate Special Committee on Aging report. The report highlights an alarming rise in AI-powered schemes and traditional fraud methods including imposter scams, investment fraud, healthcare scams, and gift card fraud, with cryptocurrency losses alone reaching nearly $3 billion. The number of older adults reporting fraud jumped 43% in 2024, prompting calls for increased federal protection and consumer education initiatives.
cointelegraph.com
· 2025-12-08
In 2025, five men operating across multiple countries orchestrated a sophisticated cryptocurrency romance scam that defrauded over 400 American victims of more than $225 million. The scheme began with romantic messages on dating apps, progressed to fake investment tips and trading platforms showing fabricated gains, and culminated in international money laundering through shell companies, fake crypto businesses, and Tether stablecoin transfers routed through Cambodia. The DOJ charged the conspirators and moved to seize the stolen crypto, highlighting how romance scams (also called "pig butchering" scams) represent the most prominent category of crypto fraud, with Americans losing $5.6 billion to crypto scams
capeargus.co.za
· 2025-12-08
Two suspects, aged 26 and 22, were arrested in the Western Cape by the Hawks' 419 Scam Task Team in connection with a romance scam in which a middle-aged woman lost over R3.4 million after being deceived by an online fraudster posing as a white man named Mark Hermanus who claimed his son was sick. Five suspects total have been arrested in this case, with the arrested individuals facing charges of fraud and money laundering. The article also highlights similar romance scams targeting older and middle-aged individuals, including cases where victims lost R650,000 and R24 million respectively.
consumerbankers.com
· 2025-12-08
Consumer Bankers Association Vice President Brian Fritzsche argues that while banks invest in fraud prevention technologies and coordinate with law enforcement, combating financial fraud and scams requires a broader, coordinated national response involving government agencies, telecommunications providers, social media platforms, and fintech companies. Fritzsche emphasizes that modern fraud schemes are sophisticated criminal enterprises using AI voice cloning, phishing emails, and social media manipulation that extend beyond traditional banking channels, affecting hundreds of thousands of Americans annually with significant financial and psychological impacts, including reported suicidal ideation among identity crime victims.
hospicenews.com
· 2025-12-08
Five California hospice operators pleaded guilty to defrauding Medicare of approximately $16 million by operating sham hospice companies, misusing deceased doctors' identities, and using foreign nationals' personal information to submit false claims. The scheme involved healthcare fraud, identity theft, and money laundering, with defendants spending fraudulently obtained funds on real estate and vehicles; sentences ranged from 10-12 years in prison, with additional penalties including potential deportation.
justice.gov
· 2025-12-08
Eight Chinese nationals were indicted for orchestrating a wide-scale computer pop-up scam targeting elderly victims from August 2023 to February 2024, falsely claiming their computers or bank accounts were compromised and then impersonating federal law enforcement to collect cash. The conspiracy defrauded more than 50 victims across 19 states of over $10 million. The defendants face up to 20 years in prison if convicted.
elmoreautauganews.com
· 2025-12-08
The Central Alabama Aging Consortium's Ombudsman Program held its annual Elder Justice Fraud and Caregiver Conference on July 17 to educate professionals and caregivers about identifying and preventing elder abuse and fraud. Over 1,200 Alabama seniors report being victims of elder fraud annually, resulting in losses exceeding $17 million per year, with 10% of seniors nationwide experiencing fraud victimization yearly. The conference featured experts in financial exploitation, elder law, and protective services who provided tools and resources for professionals to assist fraud victims and prevent future incidents.
sumnercountysource.com
· 2025-12-08
On July 10, 2025, Johnny Ray Jackson, 55, was sentenced to ten years (at 45%) plus nine years of supervised probation for impersonating a licensed professional and illegally selling insurance in Sumner County, Tennessee, despite having his license revoked in 1999 for prior fraudulent conduct. Jackson fraudulently transferred an elderly client's annuity funds without consent, netting himself over $3,000 in commissions while causing substantial financial harm to the victim. The court determined Jackson posed a continuing risk to the community and immediately remanded him into custody.
mcknightsseniorliving.com
· 2025-12-08
Two U.S. senators requested a Government Accountability Office investigation into how federal job cuts will impact agencies protecting older adults from fraud, citing $12.5 billion in total consumer fraud losses and $2.3 billion specifically targeting seniors in 2024. The request follows an April GAO report recommending enhanced interagency coordination among the FBI, Treasury, FTC, Federal Reserve, and CFPB to combat scams, but comes as the Trump administration's Department of Government Efficiency pursues significant agency cuts, including nearly 90% staff reduction at the CFPB. The senators expressed concern that these cuts will undermine the federal government's ability to implement fraud protection recommendations and serve vulnerable older
wdet.org
· 2025-12-08
Chase Bank partnered with the Detroit Police Department to conduct financial wellness workshops for metro Detroit seniors in summer 2025, addressing a significant fraud problem in the region. Michigan residents lost over $200 million to fraud in 2024, with adults 60 and older filing the most fraud complaints and averaging $83,000 in losses per victim; the most common scams impersonate government agencies like the IRS, Medicare, and Social Security. Chase's workshops aim to educate seniors on recognizing warning signs and provide resources for financial protection, while noting that over 40% of scammers targeting seniors are adult children or people known to the victims.
local21news.com
· 2025-12-08
A Cumberland County, Pennsylvania senior was nearly defrauded of $27,000 after receiving a phone call from someone impersonating an FBI agent who demanded cash payment to avoid arrest. The victim withdrew the money as instructed, but her son recognized the scam and alerted police, who arrested a 39-year-old man attempting to collect the payment and charged him with theft by deception and conspiracy. The FBI and ICE are investigating similar incidents in the area.
oswegocountytoday.com
· 2025-12-08
Senators Gillibrand and Warren demanded that the Trump administration explain how federal budget cuts to agencies like the CFPB, FBI, FTC, and Federal Reserve will impact elder fraud protection, following a GAO report recommending enhanced inter-agency coordination against scams. American consumers lost over $12.5 billion to fraud in 2024, with older adults alone losing a record $4.8 billion, yet the administration fired approximately 1,500 CFPB employees (90% of staff) and reduced personnel at other protective agencies.
wgal.com
· 2025-12-08
I cannot provide a summary of this article as requested because the transcript does not contain information about the scam mentioned in the title. The provided text is a news broadcast that covers weather, traffic, storms, flooding, and unrelated incidents, but does not include any content about the senior scam arrest referenced in the headline. To create an accurate summary for the Elderus database, I would need the actual article content about the $27,000 scam attempt.
foxnews.com
· 2025-12-08
Fake agent phone scams are sweeping across the United States, with scammers impersonating federal agencies like the FBI and US Marshals using caller ID spoofing to demand immediate payment via untraceable methods like gift cards or cryptocurrency, claiming victims have frozen Social Security numbers, jailed relatives, or missed jury duty summons. Victims across numerous states have lost thousands of dollars, with some scammers even appearing in person, and the threat is escalating as text-based "smishing" attacks surge and experts warn of potential AI voice cloning tactics. To protect yourself, hang up immediately on such calls, never pay via gift cards or cryptocurrency, and remember that legitimate government agencies never demand payment
nbcpalmsprings.com
· 2025-12-08
An elderly woman in Adams County, Pennsylvania was defrauded of $16,000 by scammers impersonating Microsoft IT support who convinced her to purchase Bitcoin and Walmart gift cards. Pennsylvania State Police are investigating the case, which represents a common elder fraud scheme combining tech support impersonation with cryptocurrency and gift card payment methods.
ktvz.com
· 2025-12-08
James and Maureen Wilson of Baltimore County were sentenced to 12 and 4 years in prison, respectively, for operating a 25-year insurance fraud and money laundering scheme that defrauded insurance companies and investors of over $20 million. The couple opened more than 40 fraudulent life insurance policies, laundered proceeds through multiple bank accounts and trusts, and failed to report approximately $7.7 million in income on tax returns; they were ordered to pay $16 million in restitution and forfeit nearly $14.8 million.
mainlinemedianews.com
· 2025-12-08
Con artists continuously develop new scams targeting seniors, with recent tactics including AI-based fraud, unpaid toll/fine texts, investment schemes, and romance scams, while older methods like the grandparent scam remain prevalent. One in ten older adults in the U.S. experience financial exploitation annually, losing billions in retirement savings, prompting support for the bipartisan Senior Security Act of 2025. Experts advise seniors to never share information via unsolicited calls or texts, verify requests independently through official channels, and remain skeptical of requests that seem too good to be true or create urgency through fear.
globalnews.ca
· 2025-12-08
The RCMP arrested Gareth West, 38, on July 4 in Quebec, alleging he was the ringleader of a grandparent scam that defrauded American seniors of $21 million between summer 2021 and June 2024. West and 24 other Canadians operated call centers near Montreal, impersonating grandchildren in distress and lawyers to convince elderly victims in 40+ U.S. states to send bail money, which was then transferred to Canada via cash delivery and cryptocurrency. West faces up to 40 years in prison if convicted and is being held pending possible extradition to the United States.
fox43.com
· 2025-12-08
A senior living resident in Silver Spring Township, Pennsylvania was targeted by a scam in which a man impersonating an FBI agent demanded $27,000 in cash to prevent her arrest. A relative recognized the fraud and alerted police, who arrested a 39-year-old suspect at the victim's home before the money was handed over; the suspect was charged with theft by deception and criminal conspiracy. Authorities are investigating similar incidents in coordination with federal agencies and remind the public that legitimate law enforcement never demands cash or gift cards over the phone.
nwestiowa.com
· 2025-12-08
Romance scams involve criminals creating fake personas on dating sites and social media to build false relationships and extract money from victims through emotional manipulation and fabricated emergencies. The Federal Trade Commission estimates approximately 64,000 Americans lost $1.14 billion to romance scams in 2023, with seniors—particularly widowed and divorced individuals—being frequent targets. Red flags include refusal to meet in person or video call, rapid escalation of romantic declarations, requests to move to private messaging platforms, and endless excuses for financial assistance, with some victims also being coerced into becoming "money mules" for money laundering schemes.
hollywoodreporter.com
· 2025-12-08
A 73-year-old woman in the rural South lost approximately $100,000 in bitcoin to scammers impersonating actor Kevin Costner over several months, luring her with romantic messages and promises of a production company job before standing her up at a hotel meeting. The scam is part of a larger billion-dollar celebrity impersonation scheme that exploits lonely victims through AI-generated deepfakes, fake messaging accounts, and social media, prompting Hollywood to pursue legislation like the "No Fakes Act" to protect artists' likenesses and voices from unauthorized use.
states.aarp.org
· 2025-12-08
Fraud theft in the United States reached an estimated $158.3 billion in 2023, equivalent to $434 million daily, according to the Federal Trade Commission. In response to the escalating fraud crisis, new initiatives are emerging, including the Aspen Institute's national fraud strategy (with AARP involvement) and the April launch of the National Elder Fraud Coordination Center, which applies organized crime investigation techniques to build cases against fraud perpetrators. The article emphasizes that individuals play a crucial role by reporting suspected scams and sharing information about fraud schemes to protect potential victims.
gillibrand.senate.gov
· 2025-12-08
In 2024, American consumers lost more than $12.5 billion to fraud, with older adults losing a record $4.8 billion, according to FBI data. Senators Gillibrand and Warren called for a Government Accountability Office investigation into how recent federal budget cuts—including the elimination of 90% of the Consumer Financial Protection Bureau's staff—have impaired the government's ability to protect seniors from scams and implement recommended inter-agency coordination measures. The senators cited testimony from fraud victims whose losses resulted in devastating financial and health consequences.
cbsnews.com
· 2025-12-08
James and Maureen Wilson of Baltimore County were sentenced to 12 and 4 years in prison, respectively, after defrauding insurance companies of over $20 million through a 25-year scheme involving more than 40 fraudulent life insurance policies and money laundering across multiple accounts and trusts. The couple was ordered to pay $16 million in restitution to victims, $2.7 million to the U.S., and forfeit nearly $14.8 million. The case highlights a broader problem in Maryland, where the FBI reported that over 3,200 residents over 60 lost $80 million to scams in 2024.
justice.gov
· 2025-12-08
Michel Duarte Suarez, a 50-year-old Cuban national, pleaded guilty to orchestrating a scheme from Panama to steal approximately $803,000 from an 82-year-old victim's bank account over four months using forged checks and fraudulent signatures. Suarez and his South Florida-based co-conspirators laundered the stolen proceeds through his Miami company, Online Electronics, with co-conspirators returning 50% of the fraud to Suarez. He faces up to 30 years in prison on charges of conspiracy to commit bank fraud and mail fraud, plus a mandatory additional two years for aggravated identity theft, with sentencing scheduled for September 29, 2025
local.aarp.org
· 2025-12-08
In 2023, fraud cost Americans an estimated $158.3 billion according to the FTC—equivalent to $434 million daily—with consistent year-over-year increases in reported fraud incidents. Recognizing this crisis, policymakers and organizations including AARP and the Aspen Institute are developing a national fraud strategy, while the newly launched National Elder Fraud Coordination Center aims to investigate and prosecute fraud criminals using organized crime investigative techniques. The article emphasizes that individuals can help combat fraud by reporting scams and educating others to prevent victimization.
investopedia.com
· 2025-12-08
A 74-year-old Ohio woman with no criminal history, Ann Mayers, robbed a credit union at gunpoint in April 2024 after losing her life savings to an online scam in which a fraudster posing as a U.S. Customs official convinced her to send thousands of dollars; she also borrowed $65,000 from a friend to cover what she believed were legitimate fees. Mayers was arrested within two hours, confessed immediately, and was sentenced to 4–5.5 years in prison after pleading guilty, highlighting how financial fraud can drive vulnerable individuals to desperate and criminal actions.
ctvnews.ca
· 2025-12-08
This article does not appear to contain content relevant to elder fraud, scams, or elder abuse. The article headlines cover topics including police investigations into violent incidents, homelessness policy, healthcare access, building restoration, and nuclear safety—none of which relate to fraud or elder exploitation. Unable to provide an Elderus-relevant summary.
pa.gov
· 2025-12-08
Pennsylvania Governor Josh Shapiro signed SB 649 into law, establishing third-degree felony charges for using artificial intelligence to create non-consensual deepfakes or voice clones to defraud or harm residents. The law specifically targets AI-generated scams affecting older adults, such as fake grandchild voice impersonations used to extort money, with Pennsylvania's Department of Aging reporting nearly 18,500 financial exploitation cases in FY 2023-24—nearly double the number since 2017. This legislation strengthens protections for Pennsylvania's fifth-largest older adult population by giving law enforcement new tools to prosecute AI-driven fraud schemes.
cbc.ca
· 2025-12-08
A Montreal woman lost $14,510 to a bank investigator scam where fraudsters spoofed an RBC phone number and convinced her to make account changes while logged into her banking app, claiming to protect her from fraud; RBC initially denied her refund claim, stating she was responsible because she actively participated in the transactions. The Canadian Anti-Fraud Centre reported 677 victims of this scam in the first half of 2024 with $11.7 million in losses—nearly double the previous year—while Montreal police identified at least 220 RBC customers victimized with estimated losses of $1.5 million.
bankingjournal.aba.com
· 2025-12-08
Over one-third of Americans have experienced financial fraud since January 2024, with baby boomers and Generation X most vulnerable, and phishing scams alone costing consumers $12.5 billion in 2024—a 25% increase from the prior year. Romance scams and relationship investment schemes are particularly prevalent, with fraudsters building trust through social media and dating platforms before exploiting victims. Banks are urged to implement multi-layered defenses including real-time transaction monitoring, staff training with clear communication, fraud playbooks, and directing victims to support resources like the BBB Scam Survival Toolkit and AARP's Fraud Support Group.
abc7chicago.com
· 2025-12-08
Scammers impersonating celebrities, particularly using fake Elon Musk identities, are defrauding victims through cryptocurrency investment schemes that employ AI voice cloning and deepfake technology. Richard Lyons, a Vietnam veteran, lost $10,000 to a fraudster posing as Musk on social media, who used fake caller ID spoofing, AI-generated voice messages, and a fraudulent investment webpage showing fake profits to convince him to send crypto. The FBI reports that cryptocurrency scams resulted in $9 billion in losses in 2024, with $6 billion specifically lost to people tricked into sending funds to fraudsters, and advises potential victims to
news5cleveland.com
· 2025-12-08
Scammers are targeting travelers using sophisticated tactics that exploit emotions like panic and urgency. Michele Smolin, a frequent flyer and attorney, lost $285 after receiving a fake airline cancellation email with a fraudulent rebooking fee, and a travel agent paid $265 in a similar scam involving fake airline contact information. Key prevention methods include verifying URLs carefully, calling airlines directly using official numbers, and taking time to verify unexpected communications rather than acting in panic.
13abc.com
· 2025-12-08
I don't have enough information to write a summary for the Elderus database based on this content. While one item mentions identity fraud charges against Angus F. Blaze, the snippet lacks essential details such as the victim's age, the amount stolen, the specific fraud method, and the outcome. The other headlines concern weather, homelessness, and drug incidents—none of which relate to elder fraud. Please provide the full article text or a more complete excerpt focused on elder fraud or abuse for an accurate summary.
signalscv.com
· 2025-12-08
Ehis Lawrence Akhimie, a 41-year-old Nigerian national, pleaded guilty to operating a transnational inheritance fraud scheme that defrauded over 400 elderly and vulnerable Americans of more than $6 million. The scheme involved sending personalized letters falsely claiming to represent Spanish banks and promising nonexistent inheritances, then convincing victims to send upfront fees for taxes and delivery costs through a network of U.S.-based intermediaries. Akhimie faces a maximum 20-year prison sentence, and the case highlights the broader crisis of elder fraud in the U.S., with 147,127 complaints totaling $4.
express.co.uk
· 2025-12-08
A UK poll of 1,000 respondents found that 41% of those with older loved ones believe they would fall for a scam if targeted, with 26% of older Brits having already experienced a scam and 21% falling victim to financial fraud. Common risky online behaviors among seniors include clicking suspicious links (68%), answering unknown calls (60%), oversharing personal information (55%), using weak passwords (51%), and poor password management practices such as writing them down or reusing them across accounts. Experts emphasize that online safety education and intergenerational conversations about cyber security are critical to protecting vulnerable older adults from increasingly sophisticated threats.
jdsupra.com
· 2025-12-08
The Department of Justice issued a memorandum outlining its white-collar crime enforcement priorities, which include fraud targeting government programs (Medicare, Medicaid, defense spending), complex market frauds (Ponzi schemes, investment fraud, and elder fraud), trade and customs violations, and national security-related financial crimes involving foreign adversaries. The DOJ also prioritized money laundering, drug manufacturing-related crimes, and violations of controlled substances laws, while noting that corporate misconduct may be addressed through individual prosecution or civil remedies rather than corporate criminal charges, with reduced penalties offered for companies that self-disclose and cooperate with the department.