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wkow.com
· 2025-12-08
Following severe storms in Janesville, Wisconsin, city officials warned residents about "storm chaser" contractors who exploit disaster damage by offering poor-quality repairs, demanding upfront payments, and then disappearing. Residents are advised to verify contractor credentials, seek recommendations from trusted sources like neighbors and insurance agents, and contact the Department of Agriculture, Trade and Consumer Protection if they encounter suspicious contractors or wish to file complaints.
newtondailynews.com
· 2025-12-08
This is an opinion piece critical of the Financial Innovation and Technology for the 21st Century Act, arguing that the bill would weaken SEC oversight of cryptocurrency by shifting regulatory authority to the less-equipped Commodity Futures Trading Commission. The author cites the FBI's 2023 report documenting over $4 billion in investment scam losses and notes that 90% of stablecoin transactions are fraudulent, warning that reduced regulation would increase consumer vulnerability to crypto fraud and scams.
yahoo.com
· 2025-12-08
Walker County Sheriff's Office issued a warning about a recent surge in telephone scams where fraudsters impersonate sheriff's deputies, threatening arrest or legal action to pressure victims into providing personal information or making immediate payments using spoofed phone numbers. The sheriff emphasized that his department never solicits personal information or money by phone and advised residents to verify callers' identities independently, avoid sharing personal information, remain skeptical of urgent threats, and report suspected scams to local law enforcement.
newsfirst.lk
· 2025-12-08
A surge in complaints has been reported in Sri Lanka regarding scams on social media and WhatsApp that falsely promise free cellular data while actually stealing users' personal information and financial data. Authorities are warning the public to avoid opening or sharing these messages, as they enable hackers to access sensitive biographical and financial information.
lowincomerelief.com
· 2025-12-08
This week's news roundup covers resources for low-income Americans and seniors facing summer heat, including HUD's expansion of financial assistance for air conditioning costs (benefiting 600,000+ public housing units lacking central AC). A critical warning alerts people to a dangerous scam falsely promising a $600 Social Security increase in June that requires filling out applications—the government warns this is a phishing scheme designed to steal personal information, as legitimate COLA increases are announced in October and require no applications. The article also covers proposed Medicare reforms and affordable medication programs for seniors.
goldrushcam.com
· 2025-12-08
In June 2024, the U.S. Attorney's Office and San Diego FBI recovered over $3.3 million in a coordinated operation targeting fraud schemes against seniors, obtaining more than 40 seizure warrants for $5.6 million since January 2024. The effort highlights California's disproportionate cyber fraud problem, with the state leading the nation in both victim count (over 77,000 in 2023) and losses ($2.1 billion), and emphasizes the need for early reporting of suspected fraud to interrupt transactions before funds are transferred. Common schemes targeting elderly victims include cryptocurrency investment scams (highest losses) and tech support/government impersonation scams
cryptotimes.io
· 2025-12-08
A MakerDAO governance delegate lost $11 million in cryptocurrency after falling victim to a phishing scam that tricked them into signing malicious signatures, granting attackers access to their digital wallet and allowing them to steal 3,657 Aave Ethereum tokens and Pendle USDe tokens. The theft was detected by crypto-security firm Scam Sniffer, with stolen funds quickly transferred to another address. This incident reflects a broader trend of "approval phishing" attacks in the cryptocurrency space, with other high-profile victims like Mark Cuban also targeted in similar schemes.
tradingview.com
· 2025-12-08
A MakerDAO governance delegate lost $11 million in aEthMKR and Pendle USDe tokens on June 23 after falling victim to a phishing scam that tricked them into signing multiple permit signatures, enabling scammers to access and drain the wallet. The incident highlights the growing prevalence of "approval phishing" attacks in crypto, where victims unknowingly grant scammers permission to transfer their digital assets. Phishing scams drained $300 million from 320,000 users in 2023 alone, with some individual cases exceeding $24 million in losses.
cointelegraph.com
· 2025-12-08
A MakerDAO governance delegate lost $11 million in cryptocurrency tokens (aEthMKR and Pendle USDe) in a phishing scam on June 23 after signing multiple fraudulent signatures that granted scammers access to their wallet. The incident highlights the growing threat of "approval phishing," a technique where victims are tricked into authorizing transactions that allow criminals to drain funds, with phishing scams having stolen $300 million from over 320,000 users in 2023 alone.
wng.org
· 2025-12-08
The U.S. State Department released an annual report highlighting how human traffickers are exploiting encrypted messaging, digital currencies, social media, and online platforms (dating apps, gaming sites, fake job websites) to recruit and exploit victims, while a growing trend involves trafficking people for organ harvesting. Law enforcement and NGOs are countering these efforts using artificial intelligence, data analytics, and monitoring of online platforms, with recent international operations resulting in multiple arrests and seizures of trafficking infrastructure. The report notes that traffickers target not only women and girls but also children, with thousands of teenagers annually becoming victims of sextortion scams demanding money in exchange for not publicizing sexual images.
newportdispatch.com
· 2025-12-08
The Milford Police Department reported a surge in scam complaints involving multiple fraud tactics, including impersonation of law enforcement demanding payment for arrest warrants or court fines, online romance scams, remote computer access schemes, and fake family bail requests—with scammers typically requesting payment via cryptocurrency ATMs, gift cards, or prepaid cards. Police emphasized that legitimate agencies never request money online or by phone and urged residents to contact authorities before sending any funds.
the-sun.com
· 2025-12-08
An Ontario woman nearly lost $6,000 after a Facebook Marketplace scammer sent her a fraudulent link disguised as an e-transfer payment for a $40 item she was selling; the fake link redirected her to a phishing website designed to mimic her bank, where she unknowingly entered her banking credentials. After her bank completed a 10-day investigation, the victim received a full refund and warned others to be cautious when selling online, as scammers increasingly use sophisticated tactics to create convincing fake banking websites.
yourdailyjournal.com
· 2025-12-08
The Department of Insurance reports a spike in insurance fraud cases affecting all consumers through increased premiums, with particular targeting of seniors through door-to-door fake insurance sales, deceptive annuity/investment schemes, prescription fraud, and staged accident claims. The department received over 10,000 Medicare fraud complaints in 2023 involving unauthorized billing for medical supplies and duplicate charges, and provides 14 protective tips including verifying agent credentials, obtaining written estimates, protecting personal information, and reviewing explanation of benefits statements.
pennwatch.org
· 2025-12-08
The Pennsylvania Department of Banking and Securities is hosting educational presentations throughout July 2024 for seniors, employees, and the general public on financial fraud prevention and investor protection. Topics include avoiding identity theft, selecting investment professionals, preventing elder financial fraud, recognizing common scams, and cybersecurity best practices, with sessions held at libraries, government offices, and community organizations across Pennsylvania.
publicnewsservice.org
· 2025-12-08
Adults over 64 are increasingly targeted by scams on social media, with common schemes involving investments, romance, and home improvement fraud; red flags include pressure to act urgently, requests for unusual payment methods (Zelle, Venmo, debit cards), and unrealistic offers. According to the Department of Justice, elder financial abuse costs older Americans at least $36.5 billion annually, with seniors experiencing cognitive decline, social isolation, and low financial literacy being most vulnerable. The BBB recommends victims contact local police and their financial institution immediately and report scams through BBB.org/ScamTracker.
states.aarp.org
· 2025-12-08
Rima Nathan, Director of Florida State University's Claude Pepper Elder Law Clinic, was honored as a Florida Fraud Fighter by AARP Florida for her work combating scams targeting seniors and vulnerable populations. Under Nathan's direction, the clinic has recovered nearly $10,000 in predatory solar panel fees and secured financial relief for fixed-income seniors, while providing legal services and education to hundreds of North Florida residents. The recognition highlights the ongoing need for legal aid and community partnerships to address fraud, as Floridians lost $654 million to scams in 2023 alone.
audacy.com
· 2025-12-08
In 2023, elder fraud complaints increased 14% with total losses exceeding $3.4 billion, averaging $33,915 per victim, with tech support and investment scams identified as major threats causing over $1.2 billion in losses. Authorities recommend verifying identities during emergencies and using trusted contacts for financial accounts, while suspected victims should report incidents to the FBI or submit complaints online.
consumerfinancemonitor.com
· 2025-12-08
On June 14, 2024, President Biden declared June 15th World Elder Abuse Awareness Day, prompting FinCEN to remind financial institutions to vigilantly identify and report elder financial exploitation. FinCEN's analysis of 155,415 suspicious activity reports revealed approximately $27 billion in EFE-related suspicious activity between June 2022 and June 2023, while the FBI's 2023 Elder Fraud Report documented over $3.4 billion in losses affecting more than 101,000 victims aged 60 and over, with tech support scams being most prevalent and investment scams causing the greatest financial harm. FinCEN and the
news4jax.com
· 2025-12-08
This educational piece warns of romance scams targeting people on social media and dating platforms, where scammers impersonate military servicemembers stationed overseas using stolen photos and identities. The key indicator of a scam is when an online romantic interest requests money through any method (gift cards, wire transfers, payment apps, or cryptocurrency), and victims should verify profiles through reverse image searches and report suspected scammers to the FTC and relevant platforms.
elpasoinc.com
· 2025-12-08
An 87-year-old El Paso resident lost approximately $10,000 after falling victim to a tech support scam impersonating Microsoft, during which scammers convinced her she had fraudulent Amazon charges and obtained her personal financial information. El Paso experienced 93 elder fraud reports totaling $6.2 million in losses this year, with the FBI noting that common schemes include investment scams, tech support scams, government impersonation, and romance scams—many originating from organized crime rings in Eastern Europe and Africa. The FBI reports that nationwide, seniors over 60 filed 101,068 fraud complaints in 2023 resulting in $3.
pymnts.com
· 2025-12-08
AI-powered scams targeting travelers have surged, with fraudsters using generative AI to create convincing fake travel websites and listings that steal credit card information or install malware on devices. According to a McAfee report, 30 percent of adults have fallen victim to or know someone who has fallen victim to online travel scams. Experts recommend paying only through official websites, avoiding suspiciously low prices, researching unfamiliar sites, and being wary of generic reviews and missing contact information to protect against these increasingly sophisticated threats.
startribune.com
· 2025-12-08
An individual was scammed by fraudsters impersonating an Xfinity customer service representative who collected payment information over the phone for a supposedly late bill; the scammer's fraudulent payments appeared to post initially but the account was eventually shut down, requiring multiple lengthy calls with actual Xfinity representatives to resolve. According to an FTC report, scammers impersonating major companies like Best Buy, Geek Squad, Amazon, PayPal, Apple, and Comcast/Xfinity defrauded U.S. consumers of over $200 million, using increasingly sophisticated tactics across email, text, and online channels that mimic legitimate company communications to pressure victims into quick action.
staysafeonline.org
· 2025-12-08
The FBI reported nearly 10,000 Americans fell victim to real estate scams in 2023, losing over $145 million, with one in four home buyers and sellers targeted by fraudulent activities. The article outlines five common real estate scams including wire transfer fraud (where criminals intercept payment instructions), predatory lending targeting vulnerable populations like seniors, and mortgage/foreclosure relief scams that demand upfront fees without delivering services. Protection strategies emphasize verifying payment instructions through secure channels, consulting trusted financial advisors, avoiding pressure tactics, and educating all parties involved in real estate transactions about fraud risks.
wheninmanila.com
· 2025-12-08
Romance scams are rapidly increasing globally, particularly in Southeast Asia, affecting both direct victims and those trafficked into perpetrating the scams. The Online Alerto Facebook community provides free resources to help people recognize red flags—such as rapid declarations of love, requests to move communication off dating apps, avoidance of in-person meetings, and requests for money—and offers protective strategies including reverse image searches, video call verification, and careful social media scrutiny. Users are advised to maintain skepticism about offers that seem too good to be true and to never share financial information or inappropriate photos with unverified online contacts.
malaya.com.ph
· 2025-12-08
Online romance scams are surging in the Philippines and across Southeast Asia, with perpetrators using dating apps to quickly build emotional connections, move victims to private channels, and solicit money or personal information for potential blackmail. The Facebook awareness group Online Alerto educates users on red flags—including rapid declarations of love, financial requests, inconsistent information, and reluctance to meet in person—and recommends protective measures such as reverse image searching and cautious information sharing. These scams affect both direct victims and individuals coerced into participating in fraudulent schemes.
uhsystem.edu
· 2025-12-08
Job scams target students through unsolicited emails designed to extract personal information and potentially involve them in criminal activity. Red flags include generic greetings, free email accounts (Gmail/Yahoo/Outlook), grammatical errors, requests for personal information via Google forms or alternative communication channels, and lack of legitimate contact information. Students should verify job opportunities through their university career services, research companies thoroughly on established job boards, and report suspected scams to university information security and police.
forbes.com
· 2025-12-08
Meta is the most impersonated U.S. brand in phishing scams, with over 10,457 verified cases in the past four years, followed by Apple, Amazon, and Microsoft. Phishing scams impersonate trusted brands to trick victims into clicking malicious links or revealing personal data, which can lead to ransomware installation or account compromise. The research found that IT/technology and banking/finance sectors are most targeted due to high customer trust and valuable credentials, with scammers increasingly using urgent or emotional messaging and AI-generated content to appear more sophisticated.
nbcmontana.com
· 2025-12-08
Online scams increased significantly over the past year, with 68% of all reported scams occurring online and a 27% rise in reports involving monetary losses, though individual losses fell 40%. Social media scams rose 63.8%, primarily through impostor schemes and fake websites, with ages 18-24 experiencing the highest median losses and cryptocurrency scams becoming increasingly prevalent. The BBB emphasizes that consumer education on protecting money and personal information is more critical than ever.
nbcdfw.com
· 2025-12-08
The "boss scam" or "CEO scam" involves scammers sending text messages impersonating a person's supervisor, requesting they purchase gift cards or perform urgent financial tasks, often claiming to be using a friend's phone. Scammers identify targets by researching company structures on LinkedIn and other social media platforms to find employees, then exploit people's busy schedules and fear of disappointing authority figures. Experts recommend verifying unusual requests directly with the sender through another communication method, avoiding reply responses, and reporting scam texts to authorities using forwarding or built-in phone blocking features.
kplctv.com
· 2025-12-08
Phishing scams involve thieves impersonating legitimate entities through emails, texts, or calls to steal personal information, with an estimated 3.4 billion phishing emails sent daily. Financial institutions will never ask for personal information out of the blue, and consumers should be suspicious of urgent messages with links requesting account details, avoid clicking links, and verify suspicious communications by calling the institution directly using a number from their card. Those who encounter phishing attempts should report them to both the financial institution and relevant authorities.
paymentsjournal.com
· 2025-12-08
Older adults increasingly fall victim to online fraud, with elderly Americans losing $1.6 billion between January and May 2024 alone. Charlie, a fintech banking service for those 62 and over, launched SpeedBump, an anti-fraud feature that pauses transactions for up to six hours when new payees, unfamiliar devices are added, or transfers exceed $100, allowing account holders time to verify legitimacy before funds are sent. The tool combats scammers' reliance on creating urgency to trigger automatic fear responses, while also sending educational resources during the pause period to help users identify fraudulent activity.
justice.gov
· 2025-12-08
**Summary:**
Victor Anthony Valdez, a 39-year-old from the Bronx, was charged with wire fraud conspiracy for acting as a courier in a Dominican Republic-based "grandparent scam" that targeted elderly Americans between August 2020 and August 2021. Scammers from call centers in the Dominican Republic impersonated victims' grandchildren or legal representatives, claiming the grandchildren had been arrested and needed bail money, then sent Valdez and other couriers to collect tens of thousands of dollars from victims' homes in New York and New Jersey. Valdez faces up to 20 years in prison and a $250,000 fine if convicted.
radio.wpsu.org
· 2025-12-08
Officials in Centre County hosted a "Scam Jam" event featuring fraud awareness education, as prosecutors report increased losses among seniors due to AI and new technology-enabled scams. A deputy district attorney highlighted a case where an elderly woman lost $20,000 to an AI voice scam impersonating her grandson, while recommending protective measures such as family passwords and direct verification of urgent requests. The educational initiative provides seniors with practical advice on avoiding common scams like card skimmers and AI-based fraud schemes.
siliconeer.com
· 2025-12-08
In 2023, Americans aged 60 and older lost $3.4 billion to fraud, with California accounting for over $620 million across 11,000+ reports, and monolingual Chinese seniors in the Bay Area facing particularly high risk. Common scams targeting elders include investment fraud (especially cryptocurrency), tech support scams, romance scams, and impersonation schemes (often posing as government officials), with typical victims losing over $33,000. Experts recommend immediate reporting to financial institutions and law enforcement (FBI at 1-800-CALLFBI), noting that shame, language barriers, and fear of retaliation prevent many victims—particularly Asian Americans—from coming forwar
justice.gov
· 2025-12-08
Victor Anthony Valdez, a 39-year-old from the Bronx, was charged with wire fraud conspiracy for acting as a courier in a transnational "grandparent scam" operated from call centers in the Dominican Republic between August 2020 and August 2021. The scheme involved scammers posing as grandchildren, attorneys, or court personnel to convince elderly American victims that their relatives had been arrested and needed bail money, with Valdez collecting tens of thousands of dollars from victims' homes in New York and New Jersey. If convicted, Valdez faces up to 20 years in prison and a $250,000 fine.
jdsupra.com
· 2025-12-08
On June 14, 2024, President Biden declared June 15th World Elder Abuse Awareness Day, prompting FinCEN to remind financial institutions to identify and report elder financial exploitation (EFE). Between June 2022 and June 2023, approximately $27 billion in EFE-related suspicious activity was reported through Bank Secrecy Act filings, with the FBI's 2023 data showing that individuals aged 60 and over reported over $3.4 billion in fraud losses (averaging $34,000 per victim), with tech support scams being the most commonly reported type and investment scams causing the greatest financial harm. Financial institutions are expecte
timesheraldonline.com
· 2025-12-08
State Senator Bill Dodd advanced Senate Bill 278 in California to strengthen protections against elder financial abuse by clarifying banks' and financial institutions' legal duties to detect and prevent fraud. The legislation would allow victims of financial elder abuse to hold institutions accountable when they negligently assisted in fraudulent transfers despite warning signs, thereby supporting victims in meeting their legal burden of proof. The bill, supported by elder rights advocates and consumer attorneys, addresses California's rising financial elder abuse cases affecting seniors across all socioeconomic backgrounds.
interestingengineering.com
· 2025-12-08
Scammers used AI-generated deepfakes of Elon Musk on hijacked YouTube channels to conduct cryptocurrency fraud, with approximately 30,000 viewers tuning into a fake livestream where the deepfake promised to double deposited cryptocurrencies. This marks an escalation in online scams that increasingly exploit deepfake technology and celebrity identities; notably, similar scams involving rapper 50 Cent's hacked accounts generated $3 million in 30 minutes. Users are advised to remain cautious, as these scams operate across international networks and celebrities will never solicit cryptocurrency through social media or livestreams.
indiatoday.in
· 2025-12-08
A businessman from Cherthala, Kerala, lost Rs 7.55 crores over two months in an online investment scam where fraudsters impersonating Invesco Capital and Goldman Sachs representatives promised high returns on share trading and then froze his account, demanding additional funds to unfreeze it. Police are investigating the case and have warned the public to verify investment firm credentials, be skeptical of unusually high returns, use only regulated platforms, and report suspected scams immediately to authorities.
boston25news.com
· 2025-12-08
Joanne Stainer, 79, lost approximately $2,000 to airline ticket scammers who charged her card multiple times in small increments when she called 411 seeking to book a last-minute flight to Wisconsin for her husband's funeral in June. After receiving a fraudulent confirmation code from someone posing as an Allegiant Airlines representative, Stainer was able to check bags and pass through TSA with a fake ticket, but was denied boarding at the gate when the airline's system finally flagged the fraudulent purchase. Allegiant Airlines confirmed the ticket was purchased through a third-party vendor flagged for previous fraud, but the late-day booking prevented their system from catching it
wcnc.com
· 2025-12-08
Americans lost more than $1.14 billion to romance scams in 2023, with over 64,000 people reporting losses and North Carolina ranking tenth nationally with 453 victims losing $16.8 million. A reformed scammer from Nigeria revealed that romance fraudsters typically target vulnerable individuals, particularly single parents, by posing as military personnel deployed overseas and requesting money for fictitious emergencies, with advice to victims to insist on video verification of anyone met online.
thedailynewsonline.com
· 2025-12-08
New York State Attorney General Letitia James issued guidance on avoiding online "romance scams" (also called "pig butchering"), which use dating apps, social media, and text messages to build trust with victims before directing them to fraudulent investment schemes. Scammers typically spend considerable time building relationships, then move conversations to encrypted platforms and lure victims into cryptocurrency or foreign currency investments, resulting in losses ranging from thousands to over a million dollars. The advisory recommends New Yorkers avoid wiring money or sending cryptocurrency to unknown individuals, verify sender identities, and report suspected scams to law enforcement.
justice.gov
· 2025-12-08
Casey Alexander, a 27-year-old from London, was sentenced to three years probation and ordered to pay $202,195.58 in restitution for his role in a wine and whiskey investment scam targeting elderly Americans. The scheme used cold-calling and deceptive tactics to convince older investors to wire funds for supposed fine wine and whiskey portfolios held in European warehouses, with victims then pressured to make additional investments. The FBI investigation identified over 150 U.S. victims who collectively lost more than $13 million in the fraud.
goldendalesentinel.com
· 2025-12-08
Americans age 60 and older lost more than $3 billion to scammers in 2023, with the FBI reporting a 14% increase in complaints and an 11% rise in financial losses compared to 2022. Older adults face heightened vulnerability due to factors including greater trust, financial assets, and lower comfort with technology, with tech-support scams being the most commonly reported fraud type and investment scams causing the largest financial losses. Beyond monetary damage, elder fraud causes significant psychological harm including shame, trauma, and erosion of trust, making prevention education critical to combating what experts characterize as an epidemic.
telegram.com
· 2025-12-08
Elder fraud losses in the FBI-Boston Division reached $89.6 million across 2,689 victims in 2023, with Massachusetts accounting for $63.7 million of those losses, and financial fraud targeting adults over 60 increasing by double digits. The most common scams include tech support, romance, investment, and government impersonation schemes, with investment scams showing the sharpest growth (419% increase in losses from 2021-2023, largely driven by cryptocurrency fraud). The FBI emphasizes that actual losses are likely higher due to underreporting and recommends that seniors avoid unsolicited contacts, resist pressure to act quickly, never share personal information with un
minotdailynews.com
· 2025-12-08
Medicare Fraud Prevention Week (held in June) raises awareness about preventing Medicare fraud, which costs the program an estimated $60 billion annually and affects beneficiaries through identity theft, stress, and health risks. The North Dakota Senior Medicare Patrol (SMP) educates beneficiaries, caregivers, families, and healthcare providers on how to detect and prevent fraud, including monitoring insurance statements, refusing unsolicited medical equipment shipments, protecting Medicare numbers, and reporting suspicious activity. Prevention strategies emphasize year-round vigilance, including reviewing Medicare.gov accounts, registering on do-not-call lists, and community members watching for suspicious purchasing patterns among older adults.
rlsmedia.com
· 2025-12-08
Victor Anthony Valdez, a 39-year-old from the Bronx, was indicted on wire fraud conspiracy charges for serving as a courier in a Dominican Republic-based "grandparent scam" targeting elderly Americans. Between August 2020 and August 2021, Valdez allegedly collected tens of thousands of dollars from victims in New York and New Jersey after call center operatives convinced seniors that their grandchildren had been arrested and needed bail money. If convicted, Valdez faces up to 20 years in prison and a $250,000 fine.
oig.ssa.gov
· 2025-12-08
Victor Anthony Valdez, 39, of the Bronx, was charged with wire fraud conspiracy for acting as a courier in a transnational "grandparent scam" operated from Dominican Republic call centers between August 2020 and August 2021. The scheme targeted elderly Americans by impersonating their grandchildren, attorneys, or court officials to convince victims their grandchild had been arrested and needed bail money, with Valdez collecting tens of thousands of dollars from victims' homes in New York and New Jersey. If convicted, Valdez faces up to 20 years in prison and a $250,000 fine.
bostonglobe.com
· 2025-12-08
Fraud targeting people aged 60 and older increased 11 percent nationwide last year, resulting in $3.4 billion in total losses, with Massachusetts accounting for $63.6 million across 1,610 reported victims. Common schemes include tech support scams, romance scams, investment fraud, and government impersonation, with the average victim losing nearly $34,000; the FBI warns that actual numbers may be higher since only half of complaints include victim ages, and scammers are increasingly employing artificial intelligence tactics.
heraldnews.com
· 2025-12-08
Elder fraud in the New England region resulted in $89.6 million in reported losses across Maine, Massachusetts, New Hampshire, and Rhode Island in 2023, with Massachusetts accounting for $63.7 million of that total, though the FBI estimates actual losses are significantly higher due to underreporting. The FBI-Boston reports a double-digit increase in financial fraud targeting adults over 60, with investment scams showing the sharpest growth (victimization up 209% and losses up 419% from 2021-2023), largely driven by cryptocurrency schemes, alongside common scams including tech support, romance, and government impersonation fraud. The FBI recommends elderly individuals and their families be