Search

Explore the Archive

Search across 19,276 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.

10,158 results in Scam Awareness
gulflive.com · 2025-12-08
Florida's seniors lost nearly $300 million to scams in 2023, with the state ranking second nationally for elder fraud complaints. Major schemes included investment fraud ($90 million), tech support scams ($51 million), and romance scams ($40 million), often resulting in devastating consequences such as foreclosed homes and emptied retirement accounts. Nationally, people over 60 lost approximately $3.4 billion to fraud in 2023, representing an 11% increase from the previous year.
indiatoday.in · 2025-12-08
Online scams are rapidly increasing in India, with common types including phishing, fake investment schemes, social media fraud, and UPI payment fraud that trick victims into revealing personal information or transferring money. The article provides guidance for victims: immediately stop communicating with scammers, notify your bank or payment provider to block accounts, change passwords and enable two-factor authentication, and file a complaint with the Cyber Crime Cell or National Cyber Crime Reporting Portal to maximize chances of money recovery.
wtop.com · 2025-12-08
The Better Business Bureau reports receiving thousands of complaints annually about moving company scams, with consumers losing an average of $350 per incident. To avoid moving scams, consumers should obtain multiple quotes, verify company credentials and insurance, check for BBB accreditation, avoid large upfront payments, and get all agreements in writing. For interstate moves, verify the mover's Federal Motor Carrier Safety Administration identification number and carefully review contract terms including liability limits and delivery dates.
the-sun.com · 2025-12-08
Pamela Mangum and her husband lost $70,000 to an investment scam that began when Mangum clicked on a Bitcoin mining link posted by a family member (whose account had been hacked) and was contacted by a fraudster posing as an investment coach. Over six months, Mangum made deposits through Bitcoin ATMs and the scammers also created unauthorized Cash App accounts using her personal information obtained from an online investment profile, draining additional funds before she discovered the scheme when attempting to withdraw her purported $159,638 balance. The scammer, believed to be operating from Nigeria, exploited Mangum's information to fraudulently access her bank accounts, resulting in significant
nbcnewyork.com · 2025-12-08
Former Miss New York Briana Siaca lost $2,000 in seconds after handing her phone to scammers posing as teenagers collecting money for a Bronx basketball team, who used the access to make an unauthorized Zelle transfer. The NYPD's Financial Crimes Task Force reports that at least 87 victims, mostly women, fell for this same scam in 2024, with thieves stealing $35,000 from 15 victims in less than a month by targeting vulnerable individuals in parks near subway lines; notably, Zelle fraud victims have received no reimbursements despite the payment platform's policy allowing reversals in certain imposter scams.
Scam Awareness Financial Crime Cash Payment App
itechpost.com · 2025-12-08
**Cryptocurrency scams targeting seniors have become a billion-dollar problem, with victims over 60 losing $3.4 billion in 2023—including $1.6 billion specifically through cryptocurrency transactions like Bitcoin and Ethereum.** Common fraud schemes include investment scams and romance/tech support impersonation scams that exploit seniors' unfamiliarity with digital assets and manipulate them into sending money via crypto platforms. Companies like Lionsgate Network are working to combat the issue through blockchain forensics and asset recovery, while emphasizing that public awareness and education in senior communities are critical to prevention.
thecyberexpress.com · 2025-12-08
Malachi Mullings, 31, from Georgia, was sentenced to 10 years in prison for money laundering and conspiracy related to a fraud network that defrauded over $4.5 million from victims through business email compromise attacks, romance scams, and healthcare benefits fraud, including $310,000 diverted from a state Medicaid program and $260,000 from romance scam victims. Mullings was part of a 10-person conspiracy that caused more than $11.1 million in total losses by targeting Medicare, Medicaid programs, private health insurers, and vulnerable individuals. FBI data shows elder fraud complaints increased 14% in 2023
spectrumnews1.com · 2025-12-08
**Scam Type:** Elder fraud (various types) **Key Facts:** The FBI reported a 14% increase in elderly scams nationally, with over 101,000 complaints in 2023 resulting in $3.4 billion in losses. In Kentucky specifically, 908 elder scam cases led to $12.8 million in losses. Authorities attribute the rise to elderly individuals' greater trust, lower digital literacy, and scammers operating as organized full-time operations, recommending family members educate and monitor seniors to prevent victimization.
news5cleveland.com · 2025-12-08
The Ohio Department of Commerce's Division of Securities reported a surge in investor scams, receiving approximately 250 fraud complaints in 2023, with Ohio residents losing over $150 million to financial scams that year. Scams ranged from $100 to $100 million and primarily targeted retirees seeking investment returns; victims should avoid unsolicited social media investment offers, overly complex opportunities, and verify companies before investing. Ohio offers a recovery fund for defrauded investors, and victims should report incidents to local police, the Division of Securities, or the FBI's Internet Crime Complaint Center.
bbc.com · 2025-12-08
Clark Hoefnagels created Catch, an AI-powered email filter designed to detect phishing and scam emails, after his grandmother lost $27,000 to a scam in Ontario, Canada. Despite the growing threat of AI-enabled fraud—with reports of AI tools used against banks increasing 84% in 2022—the product has struggled commercially because individuals show little concern about scams even after being victimized, while banks and financial institutions increasingly recognize AI-powered fraud as a significant threat and are investing in AI-based defenses.
freep.com · 2025-12-08
Job scams targeting college students and recent graduates are becoming increasingly sophisticated, with scammers impersonating professors and university staff through spoofed emails to pitch fake internships or remote work opportunities. A common tactic involves sending counterfeit checks to cover supposed home office setup costs, which the victim deposits but don't bounce until after they've spent or transferred money to scammers, leaving them financially responsible for losses. Universities including University of Michigan and Oakland University have reported rising incidents of these highly customized scams, particularly at the beginning and end of academic years, with scammers conducting detailed online research to make their pitches appear credible and realistic.
Crypto Investment Scam Government Impersonation Tech Support Scam Phishing Online Shopping Scam Cryptocurrency Crypto ATM Gift Cards Check/Cashier's Check Money Order / Western Union
yahoo.com · 2025-12-08
Major tech companies including Meta, Match Group, Coinbase, Kraken, Ripple, and Gemini launched the coalition "Tech Against Scams" to combat online fraud across dating apps, social media, and cryptocurrency platforms. Romance scams, social media fraud ($770 million in losses in 2021), investment scams ($3.8 billion in losses in 2022), and "pig butchering" crypto scams have cost consumers billions, prompting these companies to share data and collaborate on detection methods and consumer education to disrupt scammers' activities across multiple platforms.
indiatoday.in · 2025-12-08
Meta has partnered with major cryptocurrency firms (Coinbase, Kraken, Ripple, Gemini) and dating apps like Match Group to launch "Tech Against Scams," a coalition aimed at combating the rising tide of online fraud including romance scams and pig butchering schemes. The initiative will work by sharing threat intelligence and best practices among tech companies to identify and disrupt scam networks, while simultaneously educating users about the risks of online interactions and financial transactions. Romance scams involve fraudsters creating fake identities to establish emotional connections and extract money, while pig butchering scams build trust over time before luring victims into fake investment opportunities.
amlintelligence.com · 2025-12-08
In 2023, UK fraud victims lost £1.17 billion to various scams, representing a 4% decrease from £1.22 billion stolen in 2022, with authorised push payment (APP) scams showing a notable increase according to UK Finance data. (Note: The article provided contains three unrelated sections. The summary above covers the main fraud-related content; the other sections concern European intellectual property protection and terrorism financing measures, which fall outside elder fraud scope.)
bbc.com · 2025-12-08
UK Finance warned that fake Taylor Swift and Olympics tickets are the top online scams consumers face in 2024, with purchase scams overall increasing 28% to £86 million and affecting over 156,000 victims in 2023. Romance fraud hit record levels with losses jumping 17% to £36 million, while overall fraud theft declined 4% to £1.17 billion across 2.97 million cases. The report highlights how criminals exploit urgency around high-demand events and urges tech companies to strengthen platform security ahead of new October 2024 payment fraud reimbursement regulations.
justice.gov · 2025-12-08
Malachi Mullings was sentenced to 10 years in federal prison for laundering over $4.5 million obtained through romance fraud scams and business email compromise schemes that targeted elderly victims and companies from 2019 to July 2021. Operating under the fake company name "The Mullings Group LLC," Mullings opened 20 bank accounts to conceal fraud proceeds, including $310,000 diverted from a state Medicaid program and $260,000 obtained from an elderly romance scam victim, which he used to purchase luxury items including a Ferrari. The case was prosecuted as part of the Department of Justice's Transnational Elder Fraud Strike Force and involved investigation by
thesenior.com.au · 2025-12-08
This educational article explains that modern scams are sophisticated operations run by international fraud gangs targeting victims across all ages and education levels, with common types including investment, romance, banking, cryptocurrency, and identity theft scams. The Australian Financial Complaints Authority recommends the "Stop, Think, Check" approach to protect yourself, advising people to question suspicious messages, think critically, and act quickly if something feels wrong. AFCA, along with other organizations, offers resources and free webinars to help consumers understand scams and learn protective measures.
m.independent.ie · 2025-12-08
Fraudsters are impersonating Neil Whoriskey, a senior official at Ireland's Central Bank, in an email phishing scam requesting money under the pretense of releasing an inheritance, using spoofed email addresses resembling the bank's official domain. This marks the second impersonation of a Central Bank staff member in recent months, following a similar scam in March using the name of the bank's chief information officer. The Central Bank warned the public via social media that the scam is in circulation, though it did not disclose the number of victims or confirm whether authorities have been notified.
states.aarp.org · 2025-12-08
In a podcast episode, Georgia's Attorney General Consumer Protection Division highlights prevalent scams targeting older Georgians, including imposter scams (criminals posing as utilities, government officials, or law enforcement), romance scams (fake online relationships seeking money), and real estate fraud (fake rental and home-buying schemes using stolen property photos). One Georgia woman lost $40,000 to a romance scam, exemplifying the serious financial impact of these schemes. Experts recommend verifying legitimacy through the Better Business Bureau and AARP Fraud Watch Network, and promptly reporting scams to local law enforcement to prevent further victimization.
witl.com · 2025-12-08
In 2022, Michigan seniors aged 60 and older lost $52.5 million to fraud, with 2,243 victims averaging $23,416 in losses per person—a rate of 87.2 victims per 100,000 residents. Tech support scams disproportionately affected seniors, who are 517% more likely to fall victim to these schemes than younger people. Online scams were the primary method of fraud targeting Michigan's elderly, with investment scams, business impostor schemes, and romance scams representing the largest fraud categories nationally.
columbiacommunityconnection.com · 2025-12-08
From 2022 to 2023, the Financial Crimes Enforcement Network reported approximately $27 billion in suspicious activity related to elder financial exploitation, with 80% of all suspicious activity reported by banks involving elder scams. Elder financial exploitation—the unauthorized or improper use of an older person's funds, property, or assets—can be perpetrated by strangers, family members, friends, neighbors, or caregivers using tactics such as government impersonation, fake prizes, tech support scams, and the grandparent scam. The article emphasizes preventive measures including protecting sensitive documents, reviewing credit reports, verifying credentials, and trusting instincts when suspicious activity occurs.
pressherald.com · 2025-12-08
Senators Collins and Sinema introduced a bipartisan resolution designating May 15 as "National Senior Fraud Awareness Day," which passed unanimously, highlighting that seniors lost over $3.4 billion to fraud in 2023—an 11% increase from 2022. A new phone scam targeting Maine residents involves fraudsters impersonating U.S. Marshals through spoofed phone numbers, demanding immediate payment of fines or promising money transfers, using publicly available personal information to appear credible. Federal officials advise seniors never to provide financial information to unknown callers and to report suspected scams to the FBI and FTC.
hindustantimes.com · 2025-12-08
In Pilibhit, Uttar Pradesh, a mother filed a police case accusing her husband's brother and three others of forcibly marrying off her 13-year-old daughter under the chief minister's mass marriage scheme in January to fraudulently obtain the ₹51,000 in government gifts provided to brides. The incident highlights serious verification failures in the scheme, following a similar fraud case in Ballia where 15 people, including government officials and mediators, were arrested for marrying already-wed couples under the same program to claim benefits.
justice.gov · 2025-12-08
Jiaci Liu, 34, was arrested and charged in federal court for his role in a multinational fraud conspiracy targeting seniors, including a 63-year-old Poway man who lost $28,000 in a layered tech support, bank impersonation, and government impersonation scam. Evidence from Liu's seized cellphone revealed he had collected over $348,000 from multiple victims across Southern California and Phoenix, Arizona in just one week in June 2023. Liu faces charges of conspiracy to commit wire fraud with a maximum penalty of 30 years in prison and a $1 million fine.
wsmv.com · 2025-12-08
The Better Business Bureau warns of four common scams targeting the military community around Memorial Day: high-priced military loans, fake rental properties offering military discounts, misleading car sales by fraudsters posing as soldiers, and fraudulent military charities. The BBB advises veterans and their families to avoid wire transfers, research businesses and charities before donating, protect personal information online, place active-duty alerts on credit reports when deployed, and report suspected fraud through BBB.org/Scamtracker.
kplctv.com · 2025-12-08
Louisiana State Police are warning residents about a resurfacing phone scam in which criminals impersonate law enforcement to solicit personal information and money from victims. Authorities advise that legitimate law enforcement officials never request payments or personal information over the phone and encourage residents to report suspected fraudulent calls to the Louisiana State Analytical and Fusion Center.
13newsnow.com · 2025-12-08
Scammers in Virginia Beach are impersonating sheriff's deputies and sending fake court summonses via text and phone calls to defraud residents of between $2,500 and $9,000. The criminals use spoofed official numbers and direct victims to transfer money via wire, gift cards, or cryptocurrency, with similar scams in nearby Chesapeake resulting in losses of at least $15,000 per victim. Law enforcement advises that legitimate authorities never request money over the phone and recommends hanging up on suspicious calls, independently verifying numbers, and reporting fraud immediately to police.
Grandparent Scam Robocall / Phone Scam Scam Awareness Cryptocurrency Wire Transfer Gift Cards
wtkr.com · 2025-12-08
In May, Newport News reported 511 cases of scammers attempting to steal SNAP benefits through fraudulent text messages directing recipients to click links and enter card information, leaving victims unable to access their food assistance funds. The Department of Human Services advised affected individuals to file claims at their local office, which take 7-10 days to process and restore missing benefits if approved.
aarp.org · 2025-12-08
Google is testing new AI-powered security features for Android devices that warn users about common scams, such as fraudulent calls from people impersonating banks asking users to transfer money to secure accounts. The initiative addresses a global problem where people lost over $1 trillion to fraud last year, with U.S. consumers reporting $10 billion in scam losses in 2023; older adults are frequently targeted by phishing and impersonation scams. The new features will roll out through Google Play services updates and Android 15, though iPhones remain more popular among seniors despite Android's lower cost.
accountancyage.com · 2025-12-08
In 2023, UK Finance members reported over £1 billion in fraud losses, with unauthorized transaction fraud declining 3% to £708.7 million, while Authorised Push Payment (APP) fraud losses reached £459.7 million despite a 5% year-on-year decrease. Purchase scams emerged as the most damaging fraud type, with cases rising 34% to over 156,000 and losses reaching £85.9 million—the highest on record—alongside significant increases in romance scams and card identity theft. Overall, 62% of APP fraud losses were returned to victims in 2023, and £1.25 billion in unauthorized fraud was prevented through
ca.news.yahoo.com · 2025-12-08
Nottinghamshire Police warned online daters about romance fraudsters impersonating celebrities on dating apps and social media platforms. A woman lost approximately £5,000 to a scammer posing as TV chef James Martin, while other victims were deceived by impersonators of Il Divo singer Urs Buhler and Take That frontman Gary Barlow, with perpetrators obtaining money, gift cards, and explicit images through manipulation and coercion. Police advised victims to be vigilant about requests for money, avoid sending funds to people they haven't met in person, and consult trusted friends or family members when online relationships take financial turns.
ca.movies.yahoo.com · 2025-12-08
In 2017, Ontario police documented 250 romance scam victims who lost $6.2 million to scammers posing as romantic interests to gain access to bank accounts and credit cards; seniors were identified as particularly vulnerable. The OPP notes that most romance scams go unreported due to victims' embarrassment and emotional distress, and recommends protective measures including avoiding sharing personal information online, verifying identities, never sending money to unknown contacts, and scrutinizing website addresses for counterfeits.
applevalleynewsnow.com · 2025-12-08
Seniors in the Yakima Valley are increasingly targeted by scammers, with those over 60 reporting over $3.4 billion in losses to the FBI's IC3 in 2023, an 11% increase from the prior year. Common scams include romance schemes (such as a 75-year-old woman who lost $25,000-$30,000 in gift cards to an imposter), grandparent scams, and fake investment schemes promising quick returns in cryptocurrency. Scammers exploit seniors' vulnerabilities including loneliness, cognitive decline, and free time online, with artificial intelligence expected to make future scams more sophisticated and believable.
wcyb.com · 2025-12-08
Financial scams targeting seniors are rising, with the FBI reporting that scams cost 80,000 seniors $3.1 billion in 2022. The Smyth County Chamber of Commerce hosted an Older Americans Day event where Virginia Attorney General Jason Miyares and local law enforcement warned residents about common scams—including phone calls impersonating banks or loved ones—and emphasized never sharing personal financial information unsolicited. Officials advised victims to contact the Attorney General's Office or call 911, and encouraged a "trust, but verify" approach to any requests for sensitive data, particularly given emerging threats from artificial intelligence that can mimic voices.
monroenews.com · 2025-12-08
Michigan Attorney General Dana Nessel presented consumer protection information to seniors at the Frenchtown Center for Active Adults, covering common scam tactics including urgent requests, fake personal connections, financial demands, and unusual payment methods like gift cards. Nessel highlighted emerging threats such as spoofing technology that uses AI to impersonate friends and family, and rising check fraud, while recommending protective measures including strong privacy settings, password changes, two-factor authentication, credit card use, and reporting suspicious communications. The presentation emphasized that seniors are vulnerable targets and encouraged attendees to stay informed rather than fearful by asking verification questions and remembering that legitimate government agencies contact citizens by mail, not phone.
dailydot.com · 2025-12-08
A viral TikTok scam prompted an expert on fine print to expose a fraudulent Sephora gift card scheme that has deceived thousands of users. The scam uses a stolen identity (@emma__rosey, impersonating Sequoia Cathron) to post misleading content directing victims to a fake Sephora site, which then redirects them to RewardZone USA, LLC—a company that harvests personal data including financial, health, Medicare, and biometric information to sell for profit. The expert warns viewers not to interact with such content and emphasizes that most victims fail to read privacy policies, making them vulnerable to identity theft and data exploitation.
hbcubuzz.com · 2025-12-08
A college student testified before Congress about losing $2,400 in a job scam conducted through Zelle, a payment app owned by seven major U.S. banks, highlighting the platform's lack of fraud protection and difficulty reaching customer service. Lawmakers criticized Zelle for providing inadequate reimbursement policies compared to other payment apps and called on the banks to take greater responsibility for preventing fraud, though some questioned whether shutting down Zelle would solve the broader problem of scammers using alternative payment methods. Zelle responded by emphasizing its consumer education efforts and calling for coordinated government action to combat fraud across all payment platforms.
General Elder Fraud Scam Awareness Cryptocurrency Wire Transfer Gift Cards Bank Transfer Payment App
mtlblog.com · 2025-12-08
A young tech-savvy Montreal resident fell victim to a scam perpetrated by Appliance Repair Expert (a Canada-wide company) when hiring them to repair a dryer in November 2023, despite checking online reviews beforehand. The author identifies six key lessons for avoiding similar scams, including recognizing that online reviews can be manipulated with fake positive ratings, and emphasizes that sophisticated scams increasingly target people of all ages and tech-savviness levels, with a 2023 Ipsos poll showing 43% of Canadians have been victimized by fraud.
refinery29.com · 2025-12-08
This article presents four real scam experiences and lessons learned. The cases include: fake concert ticket fraud ($amount unspecified, victim recovered funds), a camera sale scam ($3,000 loss via fake verification email), a money-flipping scheme involving a former roommate ($350 dispute), and a fake tattoo deposit scam ($200 loss). Common tactics across these incidents include creating artificial urgency, using trusted platforms and social media, impersonation, and exploiting personal relationships—with victims learning to verify legitimacy, act quickly on disputes, and question unusual requests even from seemingly credible sources.
goldrushcam.com · 2025-12-08
Jiaci Liu, 34, was arrested in San Diego for his role in a multinational fraud conspiracy targeting seniors using a layered scam involving fake tech support, bank impersonation, and government impersonation. A 63-year-old Poway victim was tricked into withdrawing $28,000 after being told his computer had viruses and his bank account had unauthorized transfers; investigators found evidence Liu had collected over $348,000 from multiple victims across Southern California and Phoenix in just one week in June 2023. Liu faces charges of conspiracy to commit wire fraud with a maximum penalty of 30 years in prison and $1 million fine.
discoverhumboldt.com · 2025-12-08
Saskatchewan RCMP is warning the public about text message scams impersonating the Saskatchewan Traffic Safety Bureau, claiming recipients have been caught speeding in school zones and must click a link to avoid court. The RCMP advises recipients not to respond to or click links in unsolicited messages, to block the sender immediately, and to report suspected scams to local RCMP detachments or the Canadian Anti-Fraud Centre.
woub.org · 2025-12-08
Scammers in Athens, Ohio impersonated local police officers, including using real officers' names and spoofed phone numbers, to convince residents they had outstanding warrants and demanded payment of legal fees. The Athens Police Department noted this was the first time scammers used actual officer names, and similar donation-based scams were also reported by the Nelsonville Police Department; authorities indicate these calls typically originate overseas and are difficult to trace. Victims are advised to report losses to the Federal Trade Commission and unwanted calls to DoNotCall.gov.
wrat.com · 2025-12-08
The Better Business Bureau warns consumers about fake streaming service activation scams targeting Netflix, Disney+, Hulu, and PBS Passport users through fraudulent emails and text messages with lookalike websites designed to steal personal information or distribute malware. Scammers exploit the familiarity of legitimate subscription communications by creating official-looking prompts to "activate" or "update" accounts, tricking new or returning subscribers into clicking malicious links. The BBB recommends verifying official URLs before clicking links, avoiding sponsored search results, and never entering login credentials on unofficial sites or sharing passwords with customer service representatives.
Tech Support Scam Phishing Scam Awareness Check/Cashier's Check
chroniclejournal.com · 2025-12-08
Thunder Bay police are warning residents about two scams: one involving mailed letters falsely claiming personal information was leaked on the dark web and requesting victims to call a number to provide personal details, and another using emails about unauthorized recurring charges to solicit contact information and financial details. Both scams may escalate to requesting wire transfers, gift cards, or cryptocurrency payments, and police recommend vulnerable individuals and their family members be alerted to these threats.
Crypto Investment Scam Phishing Scam Awareness Cryptocurrency Wire Transfer Gift Cards
atlantanewsfirst.com · 2025-12-08
Scammers exploit Memorial Day by impersonating military and veteran charities, using high-pressure donation solicitation tactics to target Georgia's large military population. According to the 2024 BBB Risk Report, active-duty military members are 29% more susceptible to scams than the general population, with median losses of $491 per victim in 2022—more than double the general population's median loss of $163. To protect themselves, potential donors should avoid high-pressure calls, ask charities for their mission statement and fund allocation details, and verify organizations through resources like Charity Navigator before donating.
ftc.gov · 2025-12-08
Scammers frequently impersonate well-known companies like Best Buy's Geek Squad, Amazon, PayPal, Microsoft, and Publishers Clearing House to deceive victims, with Microsoft and Publishers Clearing House impersonation scams resulting in the highest reported losses in 2023. While email and phone calls are the most common contact methods, scammers achieve the largest financial losses through social media-initiated investment scams paid via cryptocurrency or bank transfers, along with romance and tech support scams demanding payment through gift cards (particularly Apple gift cards). The FTC advises consumers to verify unexpected communications through official channels, avoid clicking links from unknown sources, and refuse payment methods that scammers insist
searchlight.vc · 2025-12-08
St. Vincent and the Grenadines police have warned residents about rising online financial scams, particularly romance scams involving fake identities (catfishing) and phishing attacks targeting confidential information. Victims are predominantly older persons in their late 40s to 50s, with local law enforcement receiving reports of these incidents twice monthly. Authorities advise downloading apps only from official app stores and caution the public about fraudulent emails and websites, noting that identity-related crimes can result in fines up to $200,000 or three years imprisonment under the 2016 Cyber Crime Act.
kiplinger.com · 2025-12-08
Reports of job-related scams to the Better Business Bureau more than doubled in 2023, with the FTC logging over 107,000 fraudulent job opportunities resulting in approximately $491 million in losses. Scammers use artificial intelligence and social media to target job seekers with "work from home" schemes, extracting personal information for identity theft or requesting up-front payments. Key warning signs include recruiters asking for Social Security numbers or bank account information before discussing the position, and victims should verify job offers through legitimate company contact information rather than recruiter-provided links.
infosecurity-magazine.com · 2025-12-08
Romance scams affect thousands annually, with at least 31% of Americans encountering romance scammers who create fake identities on dating apps to build emotional trust before soliciting money. The average loss per incident reached £6,937 ($8,812) in 2023, with victims aged 65-74 losing the highest amounts (averaging £13,123/$16,670), and women reporting higher average losses than men despite men comprising 52% of victims. Banks play a critical role in detection and prevention through data analysis and fraud prevention technologies, particularly as scammers increasingly use Authorized Push Payment Fraud methods to extract funds from emotionally manipulated victims.
pagosasun.com · 2025-12-08
This is an educational awareness piece announcing a Medicare fraud prevention event scheduled for June 6 at the Pagosa Senior Center, presented by the Archuleta County Sheriff's Office and San Juan Basin Area Agency on Aging. Medicare fraud costs the program an estimated $60 billion annually and has devastating impacts on beneficiaries, families, and caregivers through lost time, stress, and compromised medical identities. The article provides practical prevention advice for beneficiaries, caregivers, families, healthcare providers, and community members, including monitoring insurance statements, protecting Medicare numbers, reviewing statements for unauthorized medical equipment shipments, and reporting concerns to the Senior Medicare Patrol program.