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

7,397 results in Robocall / Phone Scam
concordmonitor.com · 2025-12-08
Quit-claim fraud is an emerging scam where criminals forge property deed documents to illegally transfer homeownership without the victim's knowledge or payment, as happened at Elvis Presley's Graceland mansion. The scam exploits easily accessible personal and property information combined with advanced document forgery technology, and victims must pursue costly legal action to recover their property. New Hampshire offers free protection through a fraud alert system that notifies property owners via text or email whenever documents bearing their name are filed with the county registry of deeds.
headtopics.com · 2025-12-08
Romance scams cost Australians $40 million in 2023, with South Australia accounting for $2.1 million of losses, prompting police warnings during Scams Awareness Week. A case study involved Karen from Adelaide, who lost $50,000 to a fraudster she met online who posed as an overseas-based man and eventually asked for money under the guise of educational costs; when she traveled to meet him in person, he never appeared. Scammers typically target people over 55 through fake profiles on dating websites and social media, building trust before requesting money for emergencies or investment opportunities, a technique known as "catfishing" or "romance baiting."
brainerddispatch.com · 2025-12-08
Online financial scams resulted in losses exceeding $10 billion in 2024, a $1 billion increase from 2022, with artificial intelligence enabling scammers to exploit personal data and impersonate voices and images more effectively. The article identifies four common scam tactics—pretending to be trusted entities, creating artificial problems or prizes, applying pressure to act quickly, and demanding irreversible payments—and highlights frequent scam types including fake charities, phishing, romance scams, and business email compromise. Protection strategies include enabling multifactor authentication, maintaining updated software and operating systems, and recognizing warning signs across all types of online transactions.
businessinsider.com · 2025-12-08
According to the Better Business Bureau's 2023 report, Gen Z (ages 18-24) reported the highest median loss to scams for the second consecutive year, averaging $155 per person, primarily from employment, online purchase, and cryptocurrency scams. While younger people overall lost the most money, people over 65 suffered the largest individual losses to romance scams, which surged dramatically with median losses increasing from $1,411 in 2022 to $3,600 in 2023, with scammers increasingly using cryptocurrency to defraud victims. The report also found that scammers are increasingly targeting minors (ages 7-18), with 16% of
cnbc.com · 2025-12-08
Reported losses from Bitcoin ATM scams surged nearly tenfold since 2020, reaching over $110 million in 2023, with consumers over 60 being more than three times as likely to fall victim compared to younger adults. Scammers impersonate customer service representatives, government officials, or tech company employees to convince victims that their accounts have been compromised, then direct them to scan QR codes and deposit cash into Bitcoin ATMs that immediately transfers the funds to the fraudsters. The proliferation of Bitcoin ATMs in high-traffic retail locations combined with readily available personal data on the dark web has enabled this fraud scheme to flourish.
knoe.com · 2025-12-08
Scammers are targeting parents and students by posing as school representatives and calling about unpaid tuition or remaining balances. The Better Business Bureau advises recipients to hang up and contact their school's financial aid office directly rather than paying over the phone, as these unsolicited calls are typically fraudulent. Victims can report such scams to the Better Business Bureau at (318) 387-4600.
abc11.com · 2025-12-08
Scammers are targeting voters with unsolicited political texts and calls impersonating campaigns, requesting donations or asking people to confirm voting registration through malicious links designed to steal personal information for identity theft. The scams include fake donation requests, voice-cloning technology, and copycat websites with slightly altered URLs, with election fraud identified as one of the top scams of 2024. Consumers are advised to avoid clicking links in unsolicited messages, donate directly through official candidate websites using credit cards, and verify voting information through official state election board websites.
kkam.com · 2025-12-08
The FBI identifies five dangerous scams prevalent in Texas: phishing emails impersonating banks, romance scams on dating platforms requesting money, lottery/sweepstakes scams charging upfront fees, tech support scams requesting remote computer access, and IRS/government impersonation scams threatening legal action. The article advises Texans to remain vigilant against unsolicited requests for money or personal information and to trust their instincts when something seems suspicious.
wbbjtv.com · 2025-12-08
The Better Business Bureau warns that scams involving phishing for personal information—including account numbers and Social Security numbers—have become increasingly common through phone calls, texts, and emails, contributing to the $10 billion in fraud losses reported by Americans in 2023. To protect themselves, consumers should avoid clicking links or downloading attachments from unknown sources, verify company legitimacy by Googling phone numbers, be cautious about accepting cookies online, and never respond to unsolicited delivery service texts, as legitimate companies do not contact customers this way. Reporting suspicious communications and blocking spam are key steps to reduce exposure to these scams.
foxnews.com · 2025-12-08
A woman in New Jersey received a phishing email impersonating the Social Security Administration claiming her Social Security number was compromised and requesting she open an attached document. The article explains that phishing scams use fake official emails with urgent language to trick victims into opening malware-laden attachments or divulging personal information, and provides guidance on recognizing these scams, steps to take if you receive one (flag as spam, don't open attachments, don't respond), and prevention measures such as verifying your Social Security account and using two-factor authentication.
foxbusiness.com · 2025-12-08
Scammers are impersonating recruiters via text messages and emails to target job seekers in a competitive labor market, using "smishing" and phishing attacks to steal personal information or money. Americans receive an average of nearly 12 scam messages daily, with criminals using data breaches, AI personalization, and phone spoofing to make fraudulent job offers appear legitimate, often resulting in victims paying money to fake recruiters. Similar text-based scams also impersonate the U.S. Postal Service, highway toll authorities, and real companies like Idea Grove.
intelligentciso.com · 2025-12-08
Cryptocurrency scams surged in 2024 with billions in illicit inflows, with 43% of scam proceeds going to newly created wallets, indicating a sharp rise in fresh schemes compared to prior years. Scammers are shifting tactics from lengthy Ponzi schemes to shorter-lived, targeted campaigns like romance scams (pig butchering), which have grown 85-fold since 2020 and cause the worst average victim impact; one fraud shop alone facilitated $10.5 million in romance scam activity from 2022-2024 by selling millions of fraudulent social media profiles. Experts advise vigilance against unexpected communications and immediate caution when money transfers
ca.style.yahoo.com · 2025-12-08
A woman in Spain nearly fell victim to a romance scam in 2021 when she met a man posing as a currency trader on Facebook Dating who moved conversations to WhatsApp and offered to teach her profitable trading through a fake platform. She recognized the scam before depositing significant money, noting that the con followed the classic pattern where scammers build trust through emotional manipulation and false trading screenshots before requesting escalating deposits. The author notes that in 2022 alone, approximately 70,000 Americans lost $1.3 billion to similar romance and investment scams that use fraudulent trading platforms.
news18.com · 2025-12-08
A man in Bengaluru was approached at his home by a woman requesting Rs 15,000 for her daughter's urgent marriage, with the girl appearing to be a minor; he refused and reported the incident on Reddit, where multiple users confirmed this as a recurring scam that has circulated for years. The scammer uses door-to-door solicitation with an urgent financial need narrative to extract money from unsuspecting residents, exploiting sympathy and language barriers.
hackread.com · 2025-12-08
**Summary:** Cybersecurity researchers identified a global phishing campaign since 2023 targeting pizza restaurant chains, particularly in Canada, that uses domain spoofing and typosquatting to create fake order websites and steal customer credit card information and one-time passwords. The scammers registered malicious domains mimicking major chains including Domino's, Pizza Pizza, Boston Pizza, Panago, and Little Caesars, using paid search advertising to boost visibility; as of early 2024, the campaign had claimed multiple victims with documented losses of approximately S$27,000 (Singapore dollars) in one variant alone. Customers can protect themselves by verifying domain names carefully, enabling multi-factor authentication
southeastiowaunion.com · 2025-12-08
Iowa County Sheriff Rob Rotter reports that scams are vastly underreported due to victim embarrassment, with an estimated 59 million people scammed annually and $50,000-$60,000 lost yearly in Iowa County alone. Rotter highlighted common scams including lottery/tax schemes (one couple lost $130,000 across multiple scams), robocalls targeting seniors with health insurance offers, and "grandparent scams" where callers impersonate grandchildren in distress, recommending victims report fraud to authorities and verify caller identity by hanging up and calling back known numbers.
wdrb.com · 2025-12-08
The Better Business Bureau reported multiple scams circulating in the Kentuckiana region, including fraudulent charity phone calls impersonating firefighters, Facebook scams advertising fake businesses, auction fraud, and RiverLink phishing scams. The BBB advised residents to hang up on unfamiliar charities and verify organizations online, avoid clicking third-party social media links, and visit company websites directly before making purchases. Using credit cards for transactions is recommended as a more secure payment method.
morningstar.com · 2025-12-08
Investment fraud targeting older adults is growing significantly, driven by emerging technologies like cryptocurrency and artificial intelligence that make scams increasingly sophisticated and convincing. According to Kathy Stokes, AARP's director of fraud prevention, Americans lost a record $10 billion to scams and fraud in 2023, with crypto-related schemes and AI-enabled fraud posing particular threats to financial security. Stokes emphasizes the importance of education and awareness as key protective measures for older adults vulnerable to these evolving fraud schemes.
philomathnews.com · 2025-12-08
Seniors lose approximately $3 billion annually to scams, making them prime targets due to their savings, home ownership, good credit, and often lower digital literacy. The article identifies 10 common scams targeting older adults, including romance scams (fraudsters posing as romantic interests), funeral scams (exploiting grief over deceased spouses), grandparent scams (impersonating grandchildren in emergencies), phishing (fake emails from financial institutions), Medicare fraud, and tech support scams, among others. Prevention strategies include securing social media accounts, verifying contact information through reverse searches, and calling family members directly to confirm emergencies.
cionews.co.in · 2025-12-08
Cryptocurrency scams surged in 2024, with billions of dollars in fraudulent inflows, and blockchain analytics show that 43% of year-to-date fraud went to newly created wallets, indicating a significant rise in new schemes. Scammers have shifted tactics from complex Ponzi schemes to more targeted approaches like romance scams and address poisoning, with romance scams experiencing an 85x increase since 2020 and causing the largest financial impact per victim. The average lifespan of scams has compressed from 271 days in 2020 to just 42 days in 2024, making detection harder, though law enforcement and blockchain analysis tools continue to help recover
saultstar.com · 2025-12-08
A 62-year-old former Sudbury woman lost nearly $50,000 to a romance scam and subsequent money recovery schemes over three years, exhausting her life savings and leaving her $13,000 in debt to family and friends. After accepting a Facebook friend request from someone claiming to be a U.S. military officer, she sent money via gift cards and Bitcoin after being pressured and worn down by promises of repayment and eventual visits. When she attempted to recover her losses through a second fraudster claiming to represent a recovery firm, she lost an additional $20,000 in multiple failed schemes before finally recognizing the pattern.
ottawacitizen.com · 2025-12-08
A 62-year-old Ottawa woman lost approximately $50,000 through a romance scam and subsequent money recovery schemes. After a man posing as a U.S. military officer on Facebook convinced her to send gift cards and cryptocurrency over three years, she was then targeted by a second scammer claiming he could recover her losses, leading her to borrow an additional $20,000 from family and friends in failed recovery attempts. The victim, who lives on disability payments, is now in debt and sharing her story to warn other vulnerable people about these interconnected fraud schemes.
bankingjournal.aba.com · 2025-12-08
Scammers impersonate college financial aid or bursar's office staff to pressure students and parents into immediate tuition payments by falsely claiming financial aid has been denied or transcripts are inaccessible. The Federal Trade Commission warns that legitimate colleges never demand immediate phone payments and advises consumers to verify bills through secure student portals or by calling their school directly using verified phone numbers, and to avoid sharing bank information or making payments via cryptocurrency, wire transfers, payment apps, or gift cards.
Government Impersonation Robocall / Phone Scam Cryptocurrency Wire Transfer Gift Cards Payment App Money Order / Western Union
theverge.com · 2025-12-08
Bitcoin ATM scams have surged dramatically, with losses increasing nearly 10-fold from $12 million in 2020 to $114 million by 2023, and victims already losing $65 million in the first half of 2024 alone. Scammers impersonate bank or government officials via phone, text, or pop-ups to convince victims their accounts are compromised, then direct them to deposit cash into Bitcoin ATMs (which they falsely call "safety lockers") by scanning a QR code that transfers funds to the scammer's wallet, with a median loss of $10,000 per victim. Vermont and Minnesota have enacted laws limiting daily crypto kio
Romance Scam Crypto Investment Scam Government Impersonation Bank Impersonation Tech Support Scam Cryptocurrency Crypto ATM Wire Transfer Gift Cards Cash Money Order / Western Union
krebsonsecurity.com · 2025-12-08
A personalized variant of the sextortion scam is circulating via email, claiming to have compromised recipients' webcams and threatening to release fabricated videos unless victims pay approximately $2,000 in Bitcoin within 24 hours. The emails now include recipients' names and photos of their homes obtained from online mapping services like Google Maps, along with threats to contact them physically or distribute videos to their contacts. The FBI advises victims not to send compromising images, to avoid opening suspicious attachments, and to cover webcams; those targeted should report incidents to their local FBI office or call 1-800-CALL-FBI.
nbcboston.com · 2025-12-08
Scammers are targeting college students and their families during back-to-school season by impersonating school financial aid or billing department officials, claiming financial aid has fallen through and threatening to drop classes unless immediate payment is made via cryptocurrency, payment apps, or wire transfers. The Federal Trade Commission advises recipients to hang up immediately, verify billing through the school's official website or in-person, and never trust caller ID or respond to pressure for urgent non-traditional payments, as legitimate colleges do not operate this way.
Robocall / Phone Scam Scam Awareness Cryptocurrency Wire Transfer Payment App Money Order / Western Union
kfdi.com · 2025-12-08
Evergy warned customers about two recent scam attempts targeting both seniors and general customers: one falsely claiming the utility company would return $200 to seniors through its Evergy Cares Kansas Fund in exchange for account and personal information, and another offering immediate discounts in exchange for credit card numbers over the phone. Evergy clarified that its assistance program provides direct account credits (not cash refunds) only after customers initiate contact, and that legitimate rate changes require state regulatory approval rather than phone-based offers. The company provided guidance including verifying employee identity before sharing information, avoiding unsolicited emails/texts about bills, and reporting suspected scams through its website or local law enforcement.
ksal.com · 2025-12-08
Evergy utility company is warning customers about two escalating scams: one targeting seniors by falsely claiming $200 refunds through the Evergy Cares Kansas Fund in exchange for account information, and another offering discounts in exchange for credit card numbers over the phone. The company emphasizes that legitimate assistance is provided directly to accounts only after customer-initiated contact, and regulated utilities cannot offer unsolicited discounts, advising customers to verify caller identity, avoid sharing personal information, and contact Evergy directly through official channels when suspicious.
wfirnews.com · 2025-12-08
AARP's Fraud Watch Network provides support services for fraud victims in Virginia, which ranks 9th nationally for senior scams. The network offers resources and assistance, and individuals can access more information by calling 877-908-3360.
morningstar.com · 2025-12-08
This educational podcast features AARP's Kathy Stokes discussing how to protect oneself from investment fraud, with particular focus on growing threats from cryptocurrency-related scams and the use of artificial intelligence by fraudsters. The piece emphasizes identifying warning signs of investment fraud and provides resources including AARP's Fraud Watch Network Helpline (877-908-3360) and guidance on recognizing common scam tactics targeting investors of all ages, though older adults face heightened risk.
patch.com · 2025-12-08
Communities First Initiative, Jewish Community Housing Corporation, and Valley National Bank held a 2-hour educational workshop in South Orange, New Jersey to teach senior citizens how to avoid scams, fraud, and identity theft, addressing a significant rise in financial crimes targeting older adults. According to the FBI and Consumer Financial Protection Bureau, elder fraud complaints increased 14% in 2023 with victims losing an average of $33,915 each, totaling over $3.4 billion, with many seniors failing to report incidents due to embarrassment or fear of losing independence. The presentation aimed to provide seniors with tools and resources to recognize and protect themselves from increasingly sophisticated scams, including phone and internet fraud.
shawlocal.com · 2025-12-08
According to the National Council on Aging, financial scams targeting seniors cost approximately $3 billion annually, causing both monetary losses and significant emotional distress to victims who are often targeted for their perceived vulnerability and trust. Common schemes include Medicare/health insurance fraud, phishing scams, investment fraud, and grandparent scams, all of which rely on deception to steal sensitive information or money. Seniors can protect themselves through education and awareness, with resources available including a free community workshop offered by Home Instead on September 12, 2024, at the DeKalb Public Library covering fraud prevention strategies and protection techniques.
malwarebytes.com · 2025-12-08
The "Hello pervert" sextortion scam has evolved to include new pressure tactics: threatening to use Pegasus spyware and including photos of victims' homes obtained from Google Maps and data breaches. Scammers use stolen passwords from previous data breaches and falsely claim to have compromising footage of victims viewing pornography, demanding payment within 24 hours or threatening to share the content with contacts and visit their physical addresses. These threats are entirely fraudulent—Pegasus is government-controlled spyware never used by common criminals, and scammers have no actual footage or surveillance capability.
jdsupra.com · 2025-12-08
A recent data breach exposed 2.9 billion personal records including social security numbers and contact information, prompting discussion of workplace fraud risks. Employers face increasing sophisticated scams targeting payroll and sensitive employee data, such as fraudulent email requests to change direct deposit information or purchase gift cards. The article recommends employers verify suspicious requests by calling contacts directly, scrutinize unfamiliar email addresses and unusual language patterns, and implement data privacy training to protect employees and company information.
mainepublic.org · 2025-12-08
A partnership between Maine's U.S. attorney, AARP Maine, Hannaford, and the Maine Council for Elder Abuse Prevention launched a pilot initiative to combat elder fraud by distributing informational brochures about recognizing and reporting scams through pharmacy prescription bags at Hannaford stores statewide. Nearly 400 Mainers over age 60 filed fraud complaints last year reporting losses of approximately $7.1 million, with state officials noting that many incidents go unreported due to victim embarrassment and fear of competency being questioned. The educational materials highlight common scam tactics such as pressure for quick action and victim isolation, and encourage reporting to law enforcement to help identify perpetrators and potentially recover
marketscreener.com · 2025-12-08
This educational piece from Chad White, General Counsel for Brookdale Senior Living, identifies four common senior scams: tech support/phishing scams, family/romance scams, non-payment scams, and "get rich quick" investment schemes. The content provides guidance on identifying and protecting against these fraud types to reduce victimization risk, and directs suspected victims to contact the National Elder Fraud Hotline at 833-372-8311.
news4jax.com · 2025-12-08
A Clay County, Florida sheriff's deputy intervened to stop a Bitcoin ATM fraud targeting an elderly woman who had been contacted by scammers posing as her bank after she mistakenly reached a fraudulent number while searching for Xfinity customer service. The scammers convinced her that fraudulent transactions required her to withdraw funds and deposit them via Bitcoin ATM to "protect" her money, a scheme that is irreversible and untraceable due to the scammers' use of virtual private networks and offshore locations. The Sheriff's Office has investigated 15-20 similar Bitcoin ATM fraud cases in recent months and is warning residents to be alert, as victims lose money immediately upon deposit with no
bbc.co.uk · 2025-12-08
A 69-year-old widower in Suffolk lost his entire life savings of £85,000 to a romance scam in which a woman he met through social media claimed to be "Anita," a Kenyan businesswoman he agreed to marry. The victim was persuaded to send money under the pretense of a dowry and home renovations, receiving fake photos in return, only to discover upon arriving in Kenya that the scammer was actually his friend who had introduced them, and "Anita" never existed. The incident left Mr. Lodge homeless, sleeping rough at Heathrow Airport before moving to a homeless shelter, highlighting the emotional and financial devastation of romance frau
decripto.org · 2025-12-08
Lise Frappier, a 62-year-old Ottawa resident on disability benefits, lost nearly $70,000 to a romance scam and subsequent recovery scams between 2022 and 2024. A scammer posing as a U.S. Army worker gained her trust via Facebook and manipulated her into sending money through gift cards and Bitcoin; after the initial fraud ended, a second scammer exploited her desperation by offering fake recovery services and extracting an additional $20,000+ before disappearing. The case illustrates a broader trend in Canada where romance scams caused over $59 million in losses in 2022 alone, with vulnerable seniors particularly targeted,
mwakilishi.com · 2025-12-08
A 69-year-old widower from Suffolk, England, was defrauded of approximately £100,000+ (Sh14.35 million) in a romance scam involving a fake Kenyan woman named "Anita" introduced by a friend who orchestrated the scheme. After being convinced to send money for supposed home improvements and wedding preparations, Lodge discovered the deception upon traveling to Nairobi and subsequently became homeless, sleeping at Heathrow Airport and shelters. The case exemplifies a broader trend of online romance fraud with significant psychological impacts on victims, including shame and mental health issues, as reported by law enforcement agencies tracking rising cybercrime rates globally.
bbc.com · 2025-12-08
Rodrick Lodge, a 69-year-old widower from Suffolk, lost his entire life savings of £85,000 in a romance scam orchestrated by a Kenyan acquaintance who posed as a woman named "Anita" on social media. After building an emotional relationship and agreeing to marry, Lodge discovered the scam only when he arrived in Nairobi for the wedding and found no one to meet him, leaving him homeless and living in a shelter. The case highlights the vulnerability of lonely individuals to romance scams and emphasizes the importance of never sending money to online contacts, regardless of relationship duration.
cbsnews.com · 2025-12-08
North Texas police detective John Haecker reports a surge in elder fraud targeting seniors through romance scams and fake bank alerts that trick victims into converting cash to bitcoin. Notable cases include a 72-year-old woman who sold her house and sent $250,000 in bitcoin to a fake petroleum engineer, and an 84-year-old who lost $24,000 at a bitcoin ATM after being convinced by a scammer impersonating Chase Bank. According to the FBI, elder fraud in Texas increased 14% in 2023, with over 7,000 complaints and $278 million in combined losses, prompting experts to recommend verifying requests in person and discussing potential scams with
justice.gov · 2025-12-08
Three individuals—Chidi Olujie, Jennifer Chibueze, and Jessica Nortey—were charged with conspiring to launder over $1 million in proceeds from romance scams and other online frauds between 2016 and 2019, allegedly using shell companies and fraudulent bank accounts to move stolen money. The defendants face up to 20 years in prison on money laundering conspiracy charges plus an additional two years for aggravated identity theft. The case was prosecuted by the U.S. Attorney's Office for the District of Columbia and investigated by the FBI's Washington Field Office.
whyy.org · 2025-12-08
The Federal Trade Commission is warning consumers about rising phone and email scams that cost Americans nearly $3 billion annually, often perpetrated by scammers impersonating businesses or government agencies. Common red flags include unexpected contact requesting money or personal information, artificial urgency, demands for secrecy, and requests for payment via untraceable methods like cryptocurrency or gift cards. The FTC urges the public to report suspected scams through ReportFraud.ftc.gov or by calling 877-382-4357, and advises verifying sender email addresses and checking with trusted contacts before responding to suspicious communications.
masslive.com · 2025-12-08
Baystate Medical Center fell victim to a business email compromise scam in which fraudsters hacked into an email account and intercepted a legitimate financial settlement, causing the hospital to wire $700,000 to the wrong party; while some funds were recovered with law enforcement assistance, Baystate lost over $420,000 and is suing JPMorgan Chase for negligence in not flagging the fraudulent account. The FBI reports that business email compromise scams cost companies $50 billion over a decade, and experts recommend verifying sender identities by phone, scrutinizing email addresses for subtle spoofing, maintaining strong cybersecurity practices, and reporting compromised accounts immediately to prevent emotional decision-
nbcboston.com · 2025-12-08
**Tuition Bill Scam Targeting College Students and Parents** Scammers are impersonating college financial aid and billing office staff, calling students and parents claiming that financial aid has fallen through and threatening to drop classes unless tuition is paid immediately via cryptocurrency, payment apps, or wire transfers. The FTC advises recipients to hang up immediately, verify bills through official school portals or by calling numbers directly from the school's website, and never trust caller ID or respond to pressure to pay via non-standard methods, as legitimate colleges do not operate this way.
Robocall / Phone Scam Scam Awareness Cryptocurrency Wire Transfer Payment App Money Order / Western Union
cbsnews.com · 2025-12-08
Linda Pierce of Colorado was targeted by tech support scammers who posed as Apple support and falsely claimed to represent FICA (Federal Insurance Contributions Act), convincing her to withdraw $3,000 in cash and purchase $3,000 in gift cards to resolve a fake account security issue. The scammers kept Pierce confused about the fraudulent nature of the scheme by claiming to help her restore her own money, but she ultimately lost the funds after sending images of the gift card codes to the perpetrator. Through persistent follow-up with retailers and her credit union, Pierce recovered approximately $1,500 from Target gift cards and is awaiting a response from Walmart.
au.finance.yahoo.com · 2025-12-08
An Arup engineering firm employee was tricked into transferring $25 million to scammers via a deepfake video call impersonating the company's CFO and colleagues. McAfee has launched the McAfee Deepfake Detector tool to identify AI-generated audio and video content, which could help prevent such fraud by alerting users to suspicious communications before money is transferred.
benzinga.com · 2025-12-08
An Arup employee was defrauded of $25 million after scammers used deepfake technology to impersonate the company's CFO and colleagues on a video call, convincing the employee to transfer the funds. McAfee has launched a new Deepfake Detector tool designed to identify AI-generated audio and video in real-time, which could help prevent similar scams by alerting users to manipulated content before they act on it. Cybersecurity experts warn that AI tools like ChatGPT have lowered barriers for criminals to conduct deepfake fraud, though such scams have occurred for years with voice spoofing and other deception tactics.
belfasttelegraph.co.uk · 2025-12-08
A journalist fell victim to a multi-stage online scam that began when he clicked a fraudulent parcel delivery email and paid £1.50, compromising his bank card details. Scammers then attempted follow-up exploitation through a sophisticated spoofed phone call impersonating his bank's anti-fraud team, building credibility by referencing legitimate details before requesting sensitive information—a request that triggered his suspicion and led him to verify with his actual bank. The scammers ultimately did not extract money from his account, but the incident demonstrates how even internet-savvy individuals can be vulnerable to well-executed social engineering tactics that combine initial credential theft with psychological manipulation.