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Search across 22,013 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.

4,637 results in Investment Fraud
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.
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
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.
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.
heraldmailmedia.com · 2025-12-08
A U.S. Navy veteran in West Virginia lost nearly $2 million after his caregaker, Sam Bunner, obtained power of attorney and emptied his bank, investment, and real estate accounts; Bunner was sentenced to 10 years in federal prison. West Virginia experiences high rates of elder fraud involving both strangers (tech support scams, romance scams, government impersonation) and known individuals (caregivers, family members), targeting the state's large senior population. The U.S. Attorney's Office recommends resisting pressure to act quickly, avoiding unsolicited money transfers, limiting power of attorney authority, securing valuables during in-home care, and reporting suspected sc
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.
wvnews.com · 2025-12-08
A U.S. Navy veteran from Charles Town lost nearly $2 million to Sam Bunner, a caretaker who befriended him at the American Legion, obtained power of attorney, and systematically emptied his bank and investment accounts while selling his real estate; Bunner was sentenced to 10 years in federal prison. The article highlights that West Virginia seniors face significant risks from both caretakers and strangers perpetrating scams including tech support schemes, romance scams, government impersonation, and family member theft, with artificial intelligence making these schemes increasingly difficult to detect. Protective measures include resisting pressure to act quickly, avoiding sending money to online contacts, limiting power of attorney authority,
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.
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.
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
sunlive.co.nz · 2025-12-08
New Zealand Police are investigating an investment scam targeting members of the Chinese community, in which scammers have defrauded victims of millions of dollars. The scheme operates through social media platforms like WeChat and Telegram, where perpetrators pose as representatives of a fake Australian investment platform, initially collecting payments via international bank transfer and then requesting in-person cash payments. Police advise the public to verify any investment opportunity's legitimacy, avoid sending money to unverified schemes, and cease contact with suspected scammers, emphasizing that legitimate investments never require cash-only payments.
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.
ca.news.yahoo.com · 2025-12-08
Consumer group Which? warns that "pig-butchering" romance scams are among the most convincing frauds seen this year, with victims losing thousands of pounds through fake investment schemes. Additional emerging threats include fake missing person appeals on social media, phishing emails impersonating PayPal, and malware-laden apps that compromise smartphone security.
abc.net.au · 2025-12-08
Harriet Spring lost $1.6 million of her elderly mother's life savings to scammers impersonating ING bank over several months of phone calls and emails, with the funds eventually transferred through multiple Australian banks and becoming untraceable. Despite her mother's bank questioning the unusual transfer to a Westpac "holding account" and confirming ING was not offering the advertised rate, the bank did not warn her of potential fraud before processing the transaction. Spring is now advocating for government action and bank accountability, as Australians lost $2.7 billion to scams in the previous year.
globalnews.ca · 2025-12-08
A Toronto man lost his life savings of $1.28 million to an alleged syndicated mortgage fraud scheme operated by Arash Missaghi and Samira Yousefi, who convinced him and his wife to invest equity from their home in supposedly secured private mortgages. Devastated by the financial loss and unable to obtain help from authorities, the man fatally shot both perpetrators and himself in a North York office building in 2024, leaving behind a note blaming them for destroying his family.
timesofindia.indiatimes.com · 2025-12-08
A Panchkula resident was defrauded of Rs 32.25 lakh in an online investment scam after responding to a Facebook advertisement and joining a WhatsApp group promising profits through US stock investments. The scammer used a fake app and demat account to lure the victim with initial small profits before requesting increasingly larger deposits, eventually threatening him when he refused to pay Rs 82 lakh more. Police registered a case against unidentified perpetrators.
studycafe.in · 2025-12-08
A 70-year-old retired financial professional from Maharashtra lost Rs. 2 crore to a stock market investment fraud orchestrated through WhatsApp, where scammers added him to a group, posed as investment experts, showed fake profits and a fraudulent mobile app, and convinced him to transfer funds across 24 transactions before requesting additional "withdrawal taxes" that triggered his suspicion. The article advises investors to avoid unsolicited investment offers via WhatsApp or social media, verify claims independently through qualified financial advisors, be wary of promises of high returns with no risk, and never transfer large sums without proper due diligence to legitimate, recognized companies listed on official stock exchanges.
zeenews.india.com · 2025-12-08
A 60-year-old retired investor from Mumbai lost Rs 2.56 crore in an online share trading scam that began in December 2023 when scammers added him to a WhatsApp group posing as representatives of an American investment company. The fraudsters used a fake website with a virtual trading account showing false profits to gradually convince the victim to invest incrementally, starting with Rs 50,000 in February, and later demanded an additional 20% investment to cover claimed stock market losses. When the victim requested a refund, his account access was blocked and the scammers became unreachable, prompting him to file a police complaint.
moneylife.in · 2025-12-08
A 70-year-old senior citizen in Mumbai lost over Rs2 crore (approximately $240,000 USD) to an online investment scam after being contacted via WhatsApp with promises of high returns in share trading; the fraudster provided app download links and bank account details for transfers, using a Ponzi scheme disguised as legitimate investment. The article explains that such cyber fraud schemes targeting seniors operate by paying early investors to build trust before disappearing when victims attempt to withdraw profits, and recommends potential investors verify that entities are registered with India's Securities and Exchange Board (SEBI) and conduct proper due diligence before investing.
timesleaderonline.com · 2025-12-08
A U.S. Navy veteran in West Virginia lost nearly $2 million when his caretaker, Sam Bunner, obtained power of attorney and emptied his bank and investment accounts; Bunner was sentenced to 10 years in federal prison. Senior citizens in West Virginia are frequently targeted by both strangers (tech support scams, romance scams, government impersonation) and trusted individuals (family members, caregivers) who exploit their longevity, savings, and trusting nature. To protect against such fraud, individuals should resist pressure to act quickly, avoid sending money to online contacts, carefully consider power of attorney arrangements, and secure valuables and financial documents from in-home caregi
weirtondailytimes.com · 2025-12-08
A U.S. Navy veteran in West Virginia lost nearly $2 million when Sam Bunner, a caretaker who befriended him at a local American Legion, obtained power of attorney and emptied his bank and investment accounts and sold his real estate. The article outlines common elder fraud threats in West Virginia—including caretaker theft, romance and tech support scams from strangers, and family member exploitation—and provides protective measures such as resisting pressure to act quickly, avoiding unsolicited online money transfers, and securing valuables and documents when in-home care is needed.
theintelligencer.net · 2025-12-08
A U.S. Navy veteran from West Virginia lost nearly $2 million when his caretaker, Sam Bunner, used a power of attorney to drain his bank and investment accounts and sell his real estate; Bunner was sentenced to 10 years in federal prison. The article highlights that seniors in West Virginia face significant vulnerability to both caregiver fraud and stranger scams (tech support, romance, and government impersonation schemes), with recent AI advances making these scams harder to detect. The U.S. Attorney's Office recommends resisting urgency, avoiding unsolicited money transfers, securing valuables, and carefully limiting power of attorney authority to protect vulnerable adults.
ask.un.org · 2025-12-08
Fraudsters frequently impersonate United Nations employees or representatives to solicit money and personal information from victims through social media, email, phone calls, and other channels. Common schemes include falsely claiming the victim has won a UN award or scholarship, or posing as a UN worker requesting financial assistance. The UN advises people to be cautious when contacted by unknown individuals requesting personal data or funds, and to verify claims through official UN channels.
wvnews.com · 2025-12-08
A U.S. Navy veteran from West Virginia lost nearly $2 million when Sam Bunner, a caretaker who befriended him at a local American Legion, obtained power of attorney and systematically emptied his bank and investment accounts and sold his real estate, exploiting the victim's declining cognitive abilities; Bunner was sentenced to 10 years in federal prison. The article notes that West Virginia seniors are particularly vulnerable to both caretaker/family fraud and stranger scams (including tech support, romance, investment, and government impersonation schemes), and recommends protective measures such as resisting urgency, avoiding online money transfers, carefully granting power of attorney, using trusts with restrictions
azbigmedia.com · 2025-12-08
The FTC reported $10 billion in fraud losses in 2023, with AARP estimates suggesting adults over 60 lose more than $28 billion annually to fraud. Older adults are targeted for their access to substantial savings, available time, and sometimes limited online safety knowledge, with common scams including gift card/refund schemes, romance scams, and cryptocurrency investment frauds. Protective measures include verifying communications, guarding personal information, remaining skeptical of unsolicited money requests, and maintaining open communication with trusted networks and caretakers.
wibw.com · 2025-12-08
Kansas passed the Protect Vulnerable Adults from Financial Exploitation Act, which requires financial advisors to report suspected fraud involving seniors or dependent adults to the Kansas Insurance Department, strengthening investigative tools to identify illegitimate actors. The law addresses a significant vulnerability, as scammers frequently target older adults for their liquid retirement assets, with only a 7% recovery rate once funds are stolen.
wmbfnews.com · 2025-12-08
The Better Business Bureau's annual Scam Tracker identifies investment scams, romance scams, and home improvement scams as the top threats to older adults, with those aged 55-64 most frequently paying scammers via credit cards, prepaid gift cards, and checks. Home improvement scams are particularly prevalent in the Grand Strand area, especially following natural disasters when fraudulent contractors pose as legitimate businesses. The report provides guidance on scam avoidance and victim resources.
aarp.org · 2025-12-08
A 77-year-old Seattle college professor was defrauded of over $400,000 after scammers impersonating an FTC official convinced her that her accounts had been hacked and she needed to liquidate her assets into gold bars and cash to avoid arrest. The scam, which represents a growing trend of criminals requesting payment in precious metals or cash, resulted in collective losses exceeding $55 million from May to December 2023, according to FBI reports, with fraudsters increasingly using real government employees' names to establish credibility.
timeout.com · 2025-12-08
This article outlines five common travel scams and protective measures recommended by McAfee. The scams include impersonation fraud (posing as hotel staff or tour guides), phishing emails from fake travel companies, public WiFi vulnerabilities, and risks of sharing real-time vacation information on social media that can expose your location and home to theft. The article advises travelers to verify identities independently, avoid clicking suspicious links, use VPNs on public networks, delay posting vacation photos until returning home, and strengthen account security with two-factor authentication and unique passwords before traveling.
wbay.com · 2025-12-08
Wisconsin officials are warning about "financial grooming scams" where scammers build trust through dating apps and text messages before pressuring victims to invest in cryptocurrency schemes. In the past year, 22 Wisconsin residents lost $2.3 million to this scam, which targets people across all professions and educational backgrounds by using manipulative tactics and international crime organization scripts. Warning signs include unsolicited contact, requests to move conversations off dating apps, bragging about easy investment returns, and pressure to invest in cryptocurrency, with victims advised to report and preserve all communications with authorities.
mk.co.kr · 2025-12-08
A South Korean victim lost 70 million won to an international romance and investment scam that used AI-generated deepfakes of Elon Musk to establish trust before soliciting cryptocurrency transfers. The "pig slaughter" scam is part of a global criminal operation involving 120,000-220,000 forced workers across Myanmar and Cambodia who perpetrate phishing, romance, investment, and shopping scams targeting victims worldwide, with Chinese authorities blocking $157 billion in fraud since 2021—larger than Ethiopia's GDP.
screenrant.com · 2025-12-08
**Faith Martin, a 61-year-old former teacher and The Golden Bachelor contestant, fell victim to a Facebook advertisement scam for deodorant that failed to deliver on its promises.** After receiving the product and finding it did not perform as advertised, Martin took to Instagram to warn others about dishonest online advertising and false claims made in social media ads. Martin's experience highlights how misleading Facebook advertisements can deceive consumers regardless of age or background.
justice.gov · 2025-12-08
**Summary:** The U.S. Attorney's Office and FBI in San Diego recovered over $3.3 million for elderly fraud victims through a data-driven operation launched in January 2024, obtaining more than 40 seizure warrants for $5.6 million in total. The effort targets sophisticated scams affecting seniors, particularly cryptocurrency investment schemes and tech support/government impersonation scams, with California leading the nation in both number of victims (77,000+) and losses ($2.1 billion) in 2023. Authorities emphasize that early reporting is critical to interrupting transactions and recovering victims' funds before scammers disappear with the money.
panhandlenewsnetwork.com · 2025-12-08
A U.S. Navy veteran from Charles Town, West Virginia, lost nearly $2 million to his caretaker Sam Bunner, who used a power of attorney to drain the victim's bank, investment accounts, and sell his real estate while exploiting the elderly man's cognitive decline; Bunner received a 10-year federal prison sentence. The opinion piece by U.S. Attorney William Ihlenfeld outlines common elder fraud schemes in West Virginia, including caretaker theft, romance scams, tech support schemes, and family member theft, and recommends protective measures such as resisting pressure to act quickly, avoiding sending money to online contacts, carefully granting power of attorney, using tru
vermontbiz.com · 2025-12-08
A 2023 analysis of Vermont cybercrimes found that investment scams are the costliest, with victims averaging $162,265 in losses (22 victims, $3.6M total), followed by cryptocurrency wallet scams at $133,133 per victim (28 victims, $3.7M total). Vermont residents reported 708 cybercrimes statewide in 2023, resulting in total losses of approximately $13.6 million, with an average loss of $19,248 per victim across all crime types.
tbrnewsmedia.com · 2025-12-08
**Type:** Educational Event/Awareness Program State Senator Anthony Palumbo and Assemblyman Ed Flood are hosting a Senior Scam Prevention Program at Brightview Port Jefferson Senior Living on June 20 to educate seniors and caregivers about fraud prevention. According to the FBI's 2023 Elder Fraud Report, over 101,000 seniors reported fraud with average losses of $33,915 per person, and those over 60 lost $3.4 billion total in 2023, with tech support scams, data breaches, romance scams, and investment scams being the most common types. The program, developed in collaboration with the
cobbcountycourier.com · 2025-12-08
Americans age 60 and older lost more than $3 billion to scammers in 2023, with elder fraud complaints to the FBI increasing 14% that year, though actual losses are likely underreported due to embarrassment and incomplete age data. Older adults are particularly vulnerable because they tend to be more trusting, have financial assets, and may be less comfortable with technology; tech-support scams are most common, while investment scams cause the largest losses. Prevention through education on identifying scams, reporting crimes, and building awareness is critical to combating this growing epidemic and mitigating its traumatic psychological effects on victims.
mb.com.ph · 2025-12-08
Scammers increasingly target older adults through deceptive text messages and calls impersonating government agencies, family members, and romantic interests, exploiting the belief that seniors have substantial savings and are less tech-savvy. The article identifies three main fraud types—government impersonation, family-related, and romance scams—and advises seniors to avoid clicking links, sharing personal information, or taking immediate action; instead, they should verify claims directly with banks or family members using known contact numbers. With 9.22 million Filipinos aged 60 and above, educating elders about these scams is critical, as even unreported fraud can be devastating and leave victims in vulnerable financial positions.
weareiowa.com · 2025-12-08
Elderly Iowans lost over $16 million to scams in the past year, with FBI data showing this is likely underreported and mirrors rising national trends among seniors. Investment scams pose the greatest financial threat to older adults, while newer schemes like phantom hacker scams convince victims to convert assets to precious metals and cash for supposed protection. The FBI advises victims to contact their financial institutions immediately to freeze assets, avoid clicking unsolicited links, verify government officials independently, and report incidents to law enforcement.
m.economictimes.com · 2025-12-08
A victim invested over Rs 2 crore in a fraudulent WhatsApp group purporting to offer stock market tips and high returns, only to discover the promised profits of Rs 3.5 crore were fake and withdrawal requests were denied with demands for additional Rs 70 lakh in fees. Police registered a case against the scammers who used a fake website and impersonated a Chicago-based investment company advisor. This scheme represents a common online investment fraud targeting vulnerable populations including retirees, with a similar case involving a 61-year-old retired bank employee who lost Rs 1 crore after joining a fraudulent investment group via Facebook.
says.com · 2025-12-08
A 75-year-old accountant from Johor lost RM2.27 million to a WhatsApp investment scam that operated from December to June, where scammers promised high returns and instructed him to download an app and transfer funds through multiple transactions. After the victim refused to pay an additional RM1.6 million commission to access alleged profits of RM12.9 million, he reported the fraud to police, who are investigating under Section 420 of the Penal Code for cheating and dishonesty.
localnewsonly.com · 2025-12-08
In recognition of World Elder Abuse Awareness Day, the FBI Dallas released findings from the 2023 Elder Fraud Report showing that elder fraud complaints increased 14% with reported losses totaling over $3.4 billion, averaging $33,915 per victim, with Texas accounting for over 7,000 complaints and $278.3 million in losses. Tech support scams were the most commonly reported elder fraud type in 2023, followed by personal data breaches, romance scams, non-payment/non-delivery scams, and investment scams. The FBI identified a formulaic tech support scam pattern where victims' computers are frozen with pop-ups claiming illegal activity, then
justice.gov · 2025-12-08
On June 15, 2024, the U.S. Attorney's Office for the Western District of Kentucky observed World Elder Abuse Awareness Day, highlighting that one in ten people over 60 experiences some form of elder abuse, with an estimated $28.3 billion lost annually to elder fraud scams. In 2023, Kentucky's FBI Internet Crime Complaint Center received 908 complaints from individuals over 60 reporting $12.8 million in losses, more than any other age group combined. The Justice Department brought nearly 300 criminal and civil actions against over 650 defendants in the past year who stole more than $1.5 billion from 2.4
newsday.com · 2025-12-08
New York State Attorney General Letitia James issued a consumer alert about rising romance scams on dating apps and social media, which have surged nationally with victims losing $1.14 billion in 2023—a 1,420% increase from 2016. Long Island resident Connie Rotolo, 71, transferred $475,000 to an online scammer she met on Zoosk in 2020 who posed as an engineer and later claimed to be in danger in the Philippines, leaving her dealing with financial and emotional fallout four years later. The scams typically target vulnerable, lonely individuals and often involve fake romantic connections used to lure victims into fraudulent investments or
webwire.com · 2025-12-08
Tietoevry Banking's 2023 fraud prevention report analyzed 3.4 billion transactions and prevented NOK 2.7 billion in fraud, with a 90 percent detection rate stopping approximately 70 percent of fraud attempts without customer loss. The report reveals a significant surge in digital fraud methods, including a 70 percent increase in card/account fraud attempts, 300 percent rise in digital wallet fraud, and over 150 percent growth in social engineering attacks, with phishing attempts up 60 percent. Key emerging threats include AI-enabled fraud techniques such as deepfake voice calls, "secure account" fraud, romance scams, and extortion schemes, requiring
yahoo.com · 2025-12-08
This article provides guidance on avoiding phone scams, which cost Americans $851 million in 2023 according to the FTC. The primary recommendation is to never answer calls from unknown numbers—instead, let them go to voicemail and verify legitimacy afterward. The article explains common scam tactics (spoofed caller IDs, personal information, urgency triggers) and advises using phone settings to automatically silence unknown callers, noting that scammers can successfully spoof even recognizable company names and that consumers should not overestimate their ability to outsmart experienced fraudsters.
theconversation.com · 2025-12-08
In 2023, Americans age 60 and older lost more than $3 billion to scammers, with elder fraud complaints to the FBI increasing 14% year-over-year, though actual losses are likely much higher due to underreporting and unreported incidents. Older adults are particularly vulnerable because they tend to be more trusting, have accumulated savings and good credit, and may lack familiarity with technology, making them attractive targets for tech-support scams, romance schemes, investment fraud, and call-center operations. Prevention through education on identifying and reporting fraud is critical to mitigating this epidemic's financial and psychological consequences.
indiatoday.in · 2025-12-08
Binance co-founder Yi He fell victim to an impersonation scam on X (formerly Twitter) where fraudsters used her identity to promote a fake "MemeCoin" token, resulting in multiple users losing significant sums of money. He publicly called on Elon Musk to address the rampant spread of fake crypto news on the platform, noting that a security firm previously reported approximately 57,000 victims lost about $47 million to crypto phishing scams facilitated via X. The article also highlights the broader issue of crypto scams, including "Crypto Romance" scams identified by the FTC, where scammers build emotional connections with victims to exploit them.
wbko.com · 2025-12-08
The FBI reports a significant surge in elder fraud, with $1.6 billion in losses from January to May 2024—nearly $300 million more than the same period in 2023—and warns that 2023 saw elder fraud complaints rise 14% resulting in $3.4 billion in annual losses. Common scams targeting seniors include tech support, romance, investment, and government impersonation schemes, which cause financial and psychological harm to vulnerable populations. The FBI recommends victims and potential targets verify unknown contacts, resist urgency tactics, avoid sharing personal information with unverified sources, and report suspected fraud to local FBI offices or IC3.gov.
justice.gov · 2025-12-08
The U.S. Attorney's Office for the Eastern District of Michigan recognized World Elder Abuse Awareness Day by announcing a partnership between federal, state, and local law enforcement agencies to combat fraud targeting older citizens. The agencies will hold a public town hall on June 20, 2024, to educate seniors about recognizing and preventing fraud schemes, including tech support scams, romance scams, and Social Security impostor fraud. The Justice Department emphasizes that awareness and information are key to protecting vulnerable populations from financial, physical, and psychological harm.
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