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nativenewsonline.net
· 2025-12-08
This is an opinion piece about political messaging rather than an elder fraud article. It critiques claims made by Trump and Elon Musk about Social Security fraud involving deceased beneficiaries, clarifying that while 18.9 million outdated records exist in the Social Security database, only about 101,000 Americans are actually aged 100 or older, and the Social Security Administration automatically ends payments for those 115 and older. The author argues these exaggerated claims are being used to justify cuts to Social Security and other programs that would disproportionately harm vulnerable populations including Native American elders.
pymnts.com
· 2025-12-08
In 2024, the FTC received 2.6 million fraud reports (stable compared to 2023), but the percentage of victims who lost money increased significantly from 27% to 38%, representing a 25% overall increase in reported losses. Investment scams led all categories with $5.7 billion in losses (up 24%), followed by imposter scams at $2.95 billion, with government imposter scams alone reaching $789 million; consumers increasingly paid scammers via bank transfers and cryptocurrency.
freep.com
· 2025-12-08
Americans lost a record $12.5 billion to scams in 2024, a 25% increase from 2023, with investment scams accounting for nearly half at $5.7 billion and bank transfers and cryptocurrency being the most commonly exploited payment methods. The Federal Trade Commission data shows 38% of consumers reported losing money to fraud in 2024, up from 27% in 2023, with the number of fraud reports remaining stable at 2.6 million. Michigan consumers alone reported $204 million in losses, with seniors ages 60+ losing $45.9 million, though younger consumers are also increasingly victimized.
forbes.com
· 2025-12-08
Elon Musk claimed he could cut up to $700 billion in fraud and waste from Social Security, Medicare, and Medicaid, but independent evidence does not support this assertion. Social Security's Office of Inspector General reported approximately $72 billion in improper payments between 2015-2022 (about 1% of total benefits), while Medicare and Medicaid combined made roughly $100 billion in incorrect payments in 2023, totaling approximately $170 billion across all three programs—far below Musk's claims. Achieving Musk's stated goals would likely require slashing benefits for recipients rather than eliminating fraud alone, as most program spending goes directly to benefici
aarp.org
· 2025-12-08
In 2024, older adults lost a record $12.5 billion to scams and fraud—a 25 percent increase from 2023—with adults in their 70s reporting median losses of $1,000 compared to $417 for those in their 20s. The most common scams were imposter schemes (particularly government impostors, which surged from $171 million to $789 million), followed by online shopping, job opportunity, and investment scams, with investment fraud being the most lucrative for criminals at $5.7 billion in reported losses. The FTC notes that fraud's impact on older adults is often catastrophic, affecting retirement security and forcing
securityweek.com
· 2025-12-08
In 2024, consumers filed 2.6 million fraud reports totaling over $12.5 billion in losses—a $2 billion increase from 2023—with investment scams ($5.7 billion) and imposter scams like romance and government fraud ($2.95 billion) being the largest loss categories, according to FTC data. The majority of scammers contacted victims via email, followed by phone calls and text messages, while bank transfers and cryptocurrency were the most common payment methods used in fraudulent transactions. The FTC is actively pursuing enforcement actions and refunding victims, including sending over 736,000 PayPal payments to consumers scammed by computer repair service companies.
education.economictimes.indiatimes.com
· 2025-12-08
This educational article provides women with ten cybersecurity tips to protect themselves against digital scams, including avoiding fraudulent job offers, being cautious on social media, using strong passwords and two-factor authentication, recognizing phishing attempts, avoiding romance scams, securing devices with passwords, and shopping safely online. The piece emphasizes that women across all professions—from homemakers to CEOs—face sophisticated digital threats and that digital vigilance, not just tech-savviness, is essential to safely navigate the online world.
dallasnews.com
· 2025-12-08
Former Gateway Church members sued pastor Robert Morris and church leaders in October, alleging fraud and breach of contract over misrepresentations about how tithes would be used, including claims of a "money back guarantee." Morris's attorneys filed a motion to dismiss in February, arguing the lawsuit infringes on religious exemption protections and lacks sufficient evidence of fraud or enforceable contracts. The case also alleged financial irregularities in the church's global missions fund, which an accountant observed never distributed more than $3 million annually despite the church's $100-120 million annual revenue.
nativenewsonline.net
· 2025-12-08
**Not Eligible for Elderus Database**
This is an opinion piece about political messaging and policy proposals, not a report of actual elder fraud, scams, or abuse. While it discusses Social Security and mentions vulnerable elders, it does not document a specific scam incident, fraud scheme, or elder abuse case. It would not fit the Elderus database criteria, which focuses on documented fraud events and scams affecting seniors.
wpsdlocal6.com
· 2025-12-08
While younger adults (ages 20-30) are more than twice as likely to fall victim to scams than those over 60, older adults lose significantly more money per incident, accounting for approximately $61 billion of the estimated $158 billion in total consumer fraud losses last year. Scammers tailor their tactics by age group, targeting seniors with tech support and gift card scams while exploiting younger people through romance, shopping, employment, and sextortion schemes. The persistence of the misconception that older adults are the primary victims masks the reality that vulnerability to fraud affects all age groups, requiring vigilance across demographics.
wxyz.com
· 2025-12-08
Michigan residents and others nationwide have received phishing text messages falsely claiming unpaid toll bills from services like EZ Pass, with scammers using fake links and professional-looking payment pages to steal credit card information. The Better Business Bureau reported approximately 800 complaints about this scam in 2024, with scammers also impersonating the Michigan Department of Transportation despite Michigan having no toll roads; authorities warn that legitimate toll agencies never request payment via text message and advise victims to report such messages to the FTC or file complaints with state attorneys general.
pittwire.pitt.edu
· 2025-12-08
This University of Pittsburgh safety advisory educates readers on protecting themselves from common scams and fraud, including impersonation of government officials (IRS agents, federal employees), fake media representatives seeking information access, and tax-related schemes that exploit financial vulnerabilities. The piece provides specific contact resources for verification—including campus police, legal counsel, and the IRS website—and advises individuals to trust their instincts and seek verification when contacted by anyone claiming official authority.
corkbeo.ie
· 2025-12-08
Residents of Cork were warned about a text message scam in which fraudsters impersonate Revenue to trick users into sharing personal information by directing them to fake websites mimicking the official Revenue domain. The scammers use the stolen data to commit identity theft, open fraudulent credit lines, or sell the information online, though users can protect themselves by verifying texts come from the official "Revenue.ie" contact and checking that links end in ".ie" rather than ".com."
housingwire.com
· 2025-12-08
A real estate agent was nearly victimized by a property listing scam when a fraudster posed as the out-of-state owner and provided a seemingly legitimate contract, only to be exposed seven hours after the listing went live when the actual owner called to report the fraud. The scammer had previously attempted the same scheme on the property during its last listing, which the prior agent had failed to report to authorities. The article identifies listing scams as increasingly common in land transactions due to the lack of in-person verification requirements, and provides red flags including unlisted phone numbers, spoofed seller email addresses, and suspicious urgency around remote closings.
usatoday.com
· 2025-12-08
The IRS released its 2025 "Dirty Dozen" tax scam list warning taxpayers about schemes targeting the tax season, including fake emails and texts impersonating tax agencies, fraudulent social media advice encouraging the creation of fake W-2 forms, and scammers posing as helpers to steal personal information and file fraudulent returns. Victims risk identity theft, bank account fraud, and significant delays in legitimate tax refunds, while those knowingly filing fraudulent returns face civil and criminal penalties.
wdsu.com
· 2025-12-08
The Federal Trade Commission reported 2.6 million fraud cases in 2024, resulting in a record $12.5 billion in losses—a 25% increase from 2023, with more than one-third of reporters losing money (median loss of $497). Investment fraud led in per-victim losses at $9,196 median, followed by job scams ($2,250) and debt relief fraud ($1,500), while older adults reported losing significantly more money than younger age groups despite filing fewer reports. The FTC recommends protecting against fraud by remaining cautious of unsolicited contact, avoiding untraceable payment methods like wire transfers and gift cards, and reporting suspected scams to
cleveland.com
· 2025-12-08
A retired IT professional in northeast Ohio, known as "Eastside Eddie," combats robocall and text scams by posing as a victim to waste scammers' time and expose their tactics on YouTube and in community educational classes. Cuyahoga County residents lost over $3.4 million to various scams last year, with two victims losing their homes, prompting both Eddie's vigilante efforts and an official county awareness campaign highlighting common schemes (romance, grandparent, company/government, and lottery scams) and warning signs like requests for gift cards, cryptocurrency, or remote computer access.
hola.com
· 2025-12-08
A 63-year-old woman from Los Angeles, Guadalupe Cepeda, was defrauded of over $3,000 by a scammer impersonating Latin pop star Enrique Iglesias through a fan group on social media. Over two years, the impostor used romantic manipulation and convinced her to send money via gift cards before her family traced the scammer to Nigeria. The real Enrique Iglesias responded by warning fans to only connect with verified accounts and cautioning against celebrity impersonation scams.
bai.org
· 2025-12-08
Financial institutions must implement transaction monitoring systems and staff training to combat elder financial exploitation, which totaled $27 billion in 155,415 suspicious activity reports between June 2022 and June 2023. The most common exploiters are known individuals—relatives or caregivers—who may have legal access to accounts and use manipulation or coercion, though romantic scams and government impersonation schemes targeting the elderly are also on the rise. Banks and credit unions must balance sensitive customer interactions with regulatory reporting requirements under the Bank Secrecy Act to identify and report suspicious transactions that may indicate elder abuse.
cnet.com
· 2025-12-08
Digital payment apps like Zelle, Venmo, Cash App, and PayPal are increasingly exploited by scammers, with customers at three banks losing over $870 million to Zelle fraud since 2017 according to a CFPB lawsuit. Common scams include cash flipping schemes, phishing expeditions, fake item sales, counterfeit tickets, software glitch fraud, and security deposit schemes, all of which exploit the irreversible nature of digital transfers. Users should verify requests through official channels, never pay sight unseen, and avoid clicking links in unsolicited emails to protect themselves from these threats.
prnewswire.com
· 2025-12-08
As the 2025 tax season begins, cybercriminals are launching a surge of tax-related scams targeting taxpayers, with malicious domains using tax-related terms seeing a 693% traffic increase in the 30 days before the 2024 filing deadline. Common scam tactics include phishing emails impersonating tax software providers like TurboTax, fake charities, unlicensed tax preparers, and misleading fuel tax credit offers (which increased 121% from 2024 to 2025), with fraudulent activity persisting even after the April 15 deadline. Experts advise taxpayers to verify all websites and email requests before
npr.org
· 2025-12-08
Smishing (SMS phishing) scams have surged significantly, with Americans receiving 19.2 billion spam texts in February alone, often impersonating toll agencies, utilities, and financial institutions to trick victims into clicking malicious links or providing payment information. Scammers quickly adapt their tactics to current events—such as NYC's congestion pricing launch in January 2025—to exploit confusion and urgency among consumers. To protect themselves, consumers should register with the National Do Not Call Registry, never click links in unsolicited texts, verify requests by independently calling companies, and report scams to the FBI's IC3 or by forwarding messages to 7726.
ca.style.yahoo.com
· 2025-12-08
Canadians lost $638 million to scams in 2024, with impersonation and investment fraud being the costliest types, as fraudsters increasingly use sophisticated technology including AI to create convincing deepfakes and pose as legitimate organizations or celebrities. The Canadian Anti-Fraud Centre reports that while fewer cases were processed in 2024 compared to 2023, authorities estimate 90-95% of fraud cases go unreported, and recommend Canadians verify unexpected calls or messages and be aware of red flags such as requests for personal information or unsolicited payment demands. Key prevention strategies include trusting instincts, questioning suspicious communications, and educating seniors about evolving scam tactics.
local3news.com
· 2025-12-08
Email phishing scams remain a common threat, with scammers impersonating legitimate businesses to claim auto-renewing subscriptions and trick victims into clicking malicious links or revealing personal information. The fraudulent emails appear authentic by including business logos and fake customer service numbers. To protect yourself, verify unexpected subscription notices by logging into the company's official website directly or calling their known phone number, and avoid clicking links or responding to unsolicited emails claiming to represent businesses.
41nbc.com
· 2025-12-08
In 2024, scams extracted a record $12.5 billion from consumers—a 25% increase from 2023—despite the number of scam reports remaining relatively flat, according to the Better Business Bureau citing FTC data. The BBB highlighted two prevalent scams: cryptocurrency investment scams involving unknown coins and promises of guaranteed returns, and imposter scams where fraudsters pose as government agencies demanding immediate payment via gift cards or crypto while threatening arrest. Consumers should verify agency contact information independently, watch for ".gov" or ".mil" email addresses, and be wary of urgent demands, threats, and requests for unusual payment methods or wallet access.
au.finance.yahoo.com
· 2025-12-08
A 91-year-old Victorian woman lost $130,000 after receiving a phone call from a scammer impersonating her bank, who claimed fraudulent charges had occurred on her card and arranged to collect it in person. The scammer used the card over 130 times across multiple Melbourne locations over five days before it was cancelled. Bank impersonation scams have surged 25% in Australia's first nine months of 2024, with over 8,200 reports recorded, though the overall losses decreased to $9.35 million compared to $14.98 million the previous year.
americanbar.org
· 2025-12-08
A retired teacher named Daniel was targeted by a scammer named Jim on an online investment forum who posed as a successful investor and offered mentorship on cryptocurrency investments, eventually convincing Daniel to invest substantial retirement savings in a fraudulent scheme promising guaranteed high returns before disappearing with all the funds. Research shows that older adults experiencing social isolation are more susceptible to such fraud due to alterations in cognitive decision-making and risk evaluation, and seniors lost over $240 million to imposter scams alone in 2022.
wbay.com
· 2025-12-08
A Suamico, Wisconsin woman was targeted by an elaborate phone scam in which scammers impersonating Medicare, pharmacies, and her doctors convinced her that her Medicare benefits had been terminated and coerced her into providing her Medicare number. The scammers then instructed her to accept unnecessary medical equipment (back braces, knee braces, and wrist braces), which were subsequently mailed to her; she refused the packages and obtained a new Medicare number after contacting the real Medicare to verify the fraud. The Wisconsin Senior Medical Patrol warns that Medicare never contacts people unsolicited to request personal information or Medicare numbers and does not terminate benefits in this manner.
kbzk.com
· 2025-12-08
Bozeman Police Detective Jake Ahmann reports that scam calls and texts are widespread, with he himself receiving two to three per week, often using emotional manipulation tactics like promises of free items, threats of legal consequences, or appeals for help with family members in trouble. Ahmann advises the public to avoid clicking links from unknown numbers, never share personal or financial information over the phone, request payment via gift cards or bitcoin as red flags, and to contact police and financial institutions immediately if scammed. He also notes that scam reports are likely under-reported due to victim embarrassment, and recommends simply not answering calls from unknown numbers when in doubt.
dfpi.ca.gov
· 2025-12-08
This educational article identifies four common types of tax-related fraud and scams: identity theft (where stolen SSNs are used to file fraudulent returns), ghost preparers (unlicensed tax preparers who charge fees but disappear without filing or file inaccurate returns), phishing/smishing attempts (fraudulent emails and texts impersonating the IRS), and social media scams (misinformation about tax laws and services). The article recommends protecting yourself by filing early, using electronic filing through secure channels, employing professional tax services with verified credentials, and enabling two-factor authentication on accounts.
redding.com
· 2025-12-08
The IRS released its 2025 "Dirty Dozen" list of tax scams that proliferate during tax season, including fake emails and texts impersonating the IRS, misleading tax advice on social media (particularly encouraging fraudulent W-2 forms), scammers posing as helpers to create IRS online accounts to steal personal information, and promotion of non-existent tax credits like bogus self-employment credits claiming payouts up to $32,000. Victims of these scams risk identity theft, unauthorized bank account access, and significant delays to legitimate tax refunds, with those knowingly filing fraudulent returns facing civil and criminal penalties.
nbcnews.com
· 2025-12-08
Chinese-speaking cybercriminals operating on Telegram are distributing phishing kits that enable widespread text message scams claiming victims owe unpaid tolls or E-ZPass fees, with links to fake payment websites designed to steal credit cards and personal information. The FBI's Internet Crime Complaint Center has received over 60,000 reports of the scam, which rapidly escalated starting in early February as operators copy each other's tactics and target bulk datasets of hacked phone numbers. The scammers exploit the tactic's effectiveness by requesting small fees that appear reasonable, and victims' stolen information is used to compromise payment methods and digital wallets.
syracuse.com
· 2025-12-08
The FBI is warning about a surge in "smishing" scams—fraudulent text messages impersonating toll authorities and package delivery services—with threat actors registering over 10,000 malicious domains targeting users in at least 10 U.S. states and Ontario, Canada. These scams direct victims to fake websites designed to steal personal data including credit card, bank, and Social Security information. The FTC advises users to avoid clicking unsolicited links, verify messages through official channels, and report suspicious texts, while the FBI recommends securing accounts and disputing unauthorized charges if compromised.
theguardian.com
· 2025-12-08
Richard Robinson, a serial romance fraudster who operated under the alias "Gary Rogers," conned 68-year-old Yvonne and at least one other woman out of more than £210,000 between 2017 and 2018 by posing as a wealthy, charming motor dealer. After being sentenced to 10 years in prison in July 2020, Robinson was released after serving just four years, prompting Yvonne to flee the UK due to fear for her safety, having lost over £115,000 and suffered physical violence including attempted strangulation. The case illustrates the growing threat of romance fraud in the UK, which increased 27% between
hackaday.com
· 2025-12-08
A researcher analyzed romance scam emails using technical investigation methods, tracing stolen Facebook photos and fake profiles back to Russian-based scammers operating on monthly cycles. The scam targets vulnerable individuals by establishing fake romantic relationships and eventually requesting money transfers for fabricated emergencies or relocation assistance. The analysis revealed that while scammers use hacked email accounts and VPNs to hide their location, they often leave clues in image metadata and occasionally fail to activate VPN protection, underscoring that human awareness and critical thinking—rather than technological solutions—remain the most effective defenses against these schemes.
forbes.com
· 2025-12-08
Tax season 2025 has become a prime target for AI-powered fraud, with cybercriminals using generative AI, deepfakes, and voice cloning to create highly convincing phishing emails, fake IRS calls, and impersonations of tax professionals and agents. The IRS identified over $37 billion in tax and financial crimes in fiscal year 2023, with fake IRS calls using voice cloning jumping 150% in 2025, affecting individuals, small businesses, tax professionals, and large firms through personalized attacks that bypass traditional security defenses. Criminals are also creating synthetic identities to file fraudulent returns and claim illegitimate refunds, while deepfake videos
cbsnews.com
· 2025-12-08
Cybersecurity experts warn of a surge in tax-related scams, particularly in the weeks before Tax Day, with scammers increasingly using AI to create realistic fake IRS websites, phishing emails, and text messages to steal personal information—the average victim lost $8,199 in 2024. Common scams include phishing texts requesting personal data, fake tax preparation websites, "ghost preparers" who don't provide required credentials, and misleading social media tax advice that leads people to claim ineligible credits. The IRS advises taxpayers to verify legitimate websites end in .gov, ask tax preparers for their PTIN, and avoid unverified tax tips from social media platforms
foxnews.com
· 2025-12-08
Smishing—a phishing scam conducted via text messages—has become increasingly prevalent, with the FBI and multiple U.S. cities issuing warnings about fraudulent campaigns. Scammers impersonating government agencies (parking violations, road tolls) and delivery services have created over 10,000 fake websites to steal personal and financial information from both iPhone and Android users, with the FBI's Internet Crime Complaint Center receiving over 2,000 complaints since March 2024. To protect yourself, verify unsolicited messages by contacting organizations directly rather than clicking links, use strong antivirus software, and manually type URLs into your browser instead of following message links.
timesofindia.indiatimes.com
· 2025-12-08
Four Mumbai residents—a lawyer, student, share broker, and housewife—collectively lost Rs 1.3 crore to cyber criminals through various scams between 2024-2025. The scams involved fake trading apps (Rs 27.09 lakh and Rs 28.68 lakh losses), a fraudulent investment job scheme (Rs 21.19 lakh), and a prepaid task scam (Rs 45.37 lakh), all utilizing WhatsApp groups, Telegram, and fabricated platforms showing false profits to build trust before disappearing with funds. The Cyber Crime Unit has registered four FIRs and warned citizens to avoid unsolic
innisfiltoday.ca
· 2025-12-08
The Ontario Provincial Police warns that residents are increasingly targeted by deceptive phone calls using caller ID spoofing technology—including "neighbouring," "mirroring," and "impersonation" tactics—to impersonate local numbers, government agencies, and financial institutions in order to extract personal information or fraudulent payments. The advisory recommends not trusting caller ID displays, allowing unknown calls to voicemail, never sharing personal or financial information over the phone, and verifying caller identity through official contact information before responding. Suspected fraud should be reported to the Canadian Anti-Fraud Centre at 1-888-495-8501 or through the Fraud Reporting System.
cbc.ca
· 2025-12-08
Losses from scams in Canada reached $638 million in 2024, with New Brunswickers reporting $6 million in investment scam losses alone—a fivefold increase from 2023. Scammers are using artificial intelligence and sophisticated tactics, including fake news articles impersonating trusted media outlets and politicians, to deceive victims; recent examples include a fraudulent cryptocurrency scheme using Premier Susan Holt's image and AI-generated retail scams designed to exploit emotional responses. Industry experts warn that these evolving tactics make scams increasingly difficult to detect, requiring heightened digital literacy and skepticism when encountering content with recognizable names, logos, or timely headlines.
mychesco.com
· 2025-12-08
The FTC reported $12.5 billion in consumer fraud losses in 2024, a 25% increase from 2023, with investment scams ($5.7 billion) and imposter scams ($2.95 billion) leading the categories. The percentage of fraud reporters who lost money jumped from 27% to 38%, indicating scammers are employing increasingly sophisticated tactics, particularly through bank transfers and cryptocurrency payments that are difficult to reverse. Job and employment scams saw explosive growth, tripling in reports and skyrocketing from $90 million to $501 million in losses between 2020 and 2024.
digitalreviews.net
· 2025-12-08
Following Cyclone Alfred, cyber security experts warn of a surge in disaster-related scams targeting vulnerable victims, including unannounced contractor fraud, phishing emails impersonating insurers, fake donation campaigns, and imposters posing as government and relief agencies. AUCyber recommends victims file insurance claims through official channels, verify contractor credentials, avoid upfront payments, check email sender addresses, and report suspicious activity to ScamWatch to protect themselves during cleanup and recovery efforts.
newsroom.co.nz
· 2025-12-08
The Fraud Film Festival, running in Wellington since 2016, brings together fraud prevention professionals to screen documentaries exploring various types of fraud and deception. A 2023 BNZ survey found that 87 percent of New Zealanders were targeted by scams in the previous 12 months, with New Zealand losing approximately $200 million to fraud annually. Key fraud concerns in New Zealand include cryptocurrency investment scams, fake retail websites, and "pig butchering" romance scams originating from Southeast Asia, where perpetrators are often victims of human trafficking forced to conduct the schemes.
fox61.com
· 2025-12-08
Following JOANN Fabrics' bankruptcy, scammers created fake liquidation websites mimicking the official JOANN site with URLs designed to steal personal and financial information, offering unrealistic discounts of 80-90%. The Better Business Bureau received multiple reports of these scams in Connecticut, including from one person who nearly provided payment information before noticing the fraudulent URL. Consumers are advised to verify website URLs, use credit cards for online purchases (which offer fraud protections), and be wary of requests for sensitive information like Social Security numbers.
nbcmontana.com
· 2025-12-08
Montana State University graduate student Connor Green was inspired to create anti-fraud educational content after his grandfather received an AI-generated phone call impersonating Green's voice demanding $15,000. Green and fellow graduate students developed a presentation on common scams (family imitation, tech support, government impersonation, and phishing) that was so well-received at the Bozeman Senior Center that attendees extended it from 15 minutes to two hours with questions, leading to a second presentation to the MSU Alumni Foundation Retiree Association with 70 total attendees. The students emphasized the importance of the work given that seniors shared stories of losing thousands of dollars to scammers.
howtogeek.com
· 2025-12-08
This educational piece warns about a prevalent TikTok scam offering $750 for completing simple tasks, which actually steals personal information through surveys and free trial sign-ups. Scammers create legitimacy through fake influencer endorsements, FOMO tactics ("limited slots"), bot-generated comments, and sending real payments to initial participants to lure victims. The primary dangers include identity theft and sale of personal data (phone numbers, emails, Social Security numbers, credit card details) to other criminals or advertisers.
channelnewsasia.com
· 2025-12-08
Standard Chartered Bank launched an updated MyWay savings account for seniors aged 55 and above, featuring complimentary digital scam insurance for the first year that covers up to S$50,000 in losses from phishing and malware attacks, along with higher tiered interest rates on account balances. The insurance, underwritten by MSIG, excludes authorized payment scams such as love scams and investment scams where customers willingly transfer funds, and requires customers to maintain device security and report incidents to the bank within 7 days to be eligible for claims.
tuko.co.ke
· 2025-12-08
Jared Otieno Owi, a Seventh Day Adventist church elder and long-serving accountant for the Kenya National Union of Teachers (KNUT) Migori branch, was arraigned in March 2025 facing 10 counts of fraud totaling KSh 9.76 million, including charges of conspiracy to defraud, forgery, and abuse of office committed between January and November 2024. He allegedly forged cheques presented to banks and misappropriated funds by depositing money into accounts of individuals falsely claimed to be SACCO members. Owi was released on a KSh 1 million bond, and one
timesofindia.indiatimes.com
· 2025-12-08
Scammers impersonate law enforcement officials via phone calls, using spoofed numbers, fake police station backgrounds, and psychological manipulation tactics to convince victims they face arrest or legal penalties unless they immediately pay fines or verify financial information. The scam exploits fear and urgency to extract personal and financial data through untraceable payment methods, and notably affects educated and tech-savvy individuals who are caught off-guard by the perpetrators' sophisticated use of authority, firm tones, and high-pressure tactics. Investigators and psychologists attribute the scam's effectiveness to psychological exploitation rather than victim naiveté, as scammers deliberately create panic and confusion that prevents victims from