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politifact.com
· 2025-12-08
**Title:** Fact-check of Governor Newsom's claims about Florida's rankings
This article fact-checks California Governor Gavin Newsom's claim that Florida ranks worst nationally in mental health care, home insurance costs, elder fraud, and rent increases. Regarding elder fraud specifically, FBI reports show Florida ranked second to California in raw numbers of fraud complaints from people over 60 as of 2024, though another report ranked Florida first per capita in complaints from all age groups in 2024. Overall, Newsom's claims are partially accurate—Florida does lag in these areas but doesn't consistently rank dead last in each category.
aol.com
· 2025-12-08
A 36-year-old Canadian man, Jia Hua Liu, was arrested in July after conducting a multi-state door-to-door scam targeting seniors across Ohio, Indiana, New Mexico, and Tennessee, defrauding victims of an estimated $309,000 total. One Charlestown, Indiana resident was tricked into withdrawing $27,000 from his retirement accounts and handing it over in cash; three additional attempted scams in Indiana, Kentucky, and Michigan were prevented by family members, potentially saving another $70,000 in losses. Liu was apprehended at Louisville airport while attempting to flee the country and faces charges including theft, fraud, conspiracy, an
mcknightsseniorliving.com
· 2025-12-08
Federal lawmakers are pressing government agencies to strengthen efforts against elder fraud, which caused $5 billion in losses in 2024, with elder fraud complaints to the FBI increasing 14% in 2023. Senators Gillibrand and Warren have requested that the Government Accountability Office investigate how job cuts at federal agencies will impact fraud prevention capabilities, particularly at the Consumer Financial Protection Bureau. Additionally, a bipartisan group of senators sent a letter to federal officials requesting coordinated investigations to dismantle foreign fraud networks and outlined five priority areas for scam prevention, including public awareness campaigns and improved interagency coordination.
reviewjournal.com
· 2025-12-08
A hospice agent conducted door-to-door solicitation in Texas claiming to represent Medicare and offer free hospice services, a newly identified scam targeting Medicare beneficiaries. Medicare officials warn that legitimate Medicare will never solicit services via unsolicited calls or home visits, and recipients should never share personal information with unknown callers; those suspecting fraud should contact the Medicare fraud hotline at 800-633-4227 or Senior Medicare Patrol at 877-808-2468.
noozhawk.com
· 2025-12-08
In 2024, Californians lost over $2.5 billion to cyber scams, with seniors increasingly targeted by sophisticated fraud schemes including government impersonation, tech-support scams, grandparent scams, and emerging AI-powered voice cloning tactics. Protection measures include refusing to share personal information over the phone, independently verifying caller identity, discussing scams with family members, and reporting suspicious activity to authorities or the FBI's Internet Crime Complaint Center.
kiplinger.com
· 2025-12-08
A 2025 bipartisan report highlights that fraud and scams cost seniors $4.8 billion in 2024, with investment, cryptocurrency, and romance scams posing the greatest risks to older adults who are often targeted due to politeness, trust, and unfamiliarity with digital technologies. Common scams include Medicare fraud ($80.5 million in losses), imposter scams ($789 million in losses), phishing, and deepfakes, which cause not only financial devastation but also significant emotional and physical health impacts on victims.
patch.com
· 2025-12-08
North Branford police conducted an elder fraud awareness presentation at Evergreen Woods Community to educate seniors on prevention strategies. The presentation highlighted that seniors lose more than $3 billion annually to various fraud schemes including romance scams, tech support scams, grandparent scams, and government impersonation scams, with tips provided on how to recognize and protect against these threats.
justice.gov
· 2025-12-08
**Summary:**
From February 2020 through September 2021, Matthew Cahill and three co-conspirators stole checks, bank account information, and personal identifying information from U.S. Mail to commit bank fraud, altering or creating counterfeit checks that they cashed, deposited, or used at retail stores, and also made unauthorized electronic transfers. The scheme resulted in losses of $67,807, and Cahill was sentenced to 23 months in prison with $30,737 in restitution; his co-conspirators received sentences ranging from 12 to 24 months in prison with restitution orders totaling over $47,000.
fox23maine.com
· 2025-12-08
Maine secured a federal grant to create the nation's first dedicated elder justice investigator position, filled by Kennebuck Police Officer Candice Simeoni, as part of a two-year pilot program to address rising elder fraud and abuse. According to the FBI, one in ten seniors becomes a victim of elder crime, though few report it; Simeoni notes that over 85 percent of elder abuse is perpetrated by someone the victim knows and trusts, often involving financial crimes and cognitive impairment. The investigator will focus on investigations, research, and education to protect Maine's vulnerable senior population.
foxnews.com
· 2025-12-08
Amazon sent warning emails to hundreds of millions of customers alerting them to phishing scams that use fake renewal notices and fake login pages to steal account credentials and personal information. Scammers use scare tactics and real personal details from previous data breaches to make the emails appear legitimate, then harvest login credentials, credit card information, and other data that can be used for unauthorized purchases or sold to other criminals. Amazon has shut down tens of thousands of phishing websites and phone numbers, and recommends customers verify account status directly through Amazon's website or app, enable two-factor authentication, use unique passwords, and avoid clicking links in unsolicited emails.
13abc.com
· 2025-12-08
Scammers impersonate the Social Security Administration to defraud victims, a growing problem that prompted Mary Miller, a senior advisor with the Office of the Inspector General, to launch an awareness campaign explaining how these imposter schemes operate. The piece emphasizes that no federal agency is immune to fraud and encourages public vigilance against Social Security-related scams.
wlwt.com
· 2025-12-08
Scammers are impersonating the Department of Motor Vehicles in text messages claiming recipients owe money for overdue traffic tickets, threatening license suspension, prosecution, and credit damage to pressure victims into clicking malicious links that steal money and personal information. The Federal Trade Commission advises recipients to delete such messages, report them as spam, and contact their state DMV directly using official contact information rather than links in unsolicited texts.
app.com
· 2025-12-08
A phishing scam impersonating the New Jersey DMV has circulated since at least May, sending text messages threatening vehicle suspension, credit score damage, and prosecution for alleged unpaid traffic tickets to pressure recipients into clicking malicious links and providing personal financial information. The NJMVC clarified it only sends text messages for appointment reminders and never requests services or payments via unsolicited communications. Victims should verify claims directly with official websites and report such SMiShing attempts to the FTC and FBI.
dailyamerican.com
· 2025-12-08
Scammers employ constantly evolving tactics including fake emails, texts, and social media profiles to deceive victims, with Pennsylvanians losing approximately $400 million through text messaging scams alone. To avoid becoming victims, consumers should guard credit and debit cards, avoid clicking links from unknown senders, verify company contact information independently, refrain from posting vacation photos on social media, and be cautious during high-risk periods like summer travel and back-to-school shopping when scams increase. Victims can report scams to the Federal Trade Commission or FBI Internet Crime Complaint Center.
ama-assn.org
· 2025-12-08
Two federal agencies—the DEA and CMS—issued warnings about scams targeting physicians that impersonate government officials to fraudulently obtain medical records, personal information, or payments. The DEA alerts physicians to impersonation schemes claiming to investigate their practices via phone or letter, while CMS warns of fraudulent requests for medical records or alleged Medicare debt payments. Both agencies emphasize that their personnel do not initiate contact via unsolicited calls, emails, or faxes demanding information or payment, and recommend reporting suspicious incidents to the FBI or Federal Trade Commission.
wobm.com
· 2025-12-08
Phone scams targeting New Jersey seniors have surged significantly, with scammers using sophisticated tactics like spoofed caller IDs and emotional manipulation to exploit older adults' willingness to engage in conversation and trust callers claiming to be family members or banks. Common schemes pressure victims to act quickly without verification, and scammers exploit seniors' unfamiliarity with modern fraud tactics. Protective measures include teaching seniors not to share information with suspicious callers, verifying numbers by hanging up and calling back independently, and contacting New Jersey's consumer affairs division or local police fraud departments for assistance.
miamitimesonline.com
· 2025-12-08
U.S. Sen. Ashley Moody joined a bipartisan group of lawmakers in sending a letter to federal officials demanding coordinated efforts to combat international financial scams targeting seniors, which cost victims over $3.4 billion annually. The letter, signed by senators including Rick Scott, Mark Kelly, and Kirsten Gillibrand, requested enhanced investigations, increased foreign law enforcement partnerships, public awareness campaigns, and improved interagency coordination. Moody, a member of the Senate Special Committee on Aging, has prioritized senior fraud issues, previously recovering millions of dollars for victims as Florida's Attorney General and supporting the designation of National Slam the Scam Day.
aol.com
· 2025-12-08
Christopher Earl Lloyd, 39, of Orange County, California, was federally charged with 14 counts of fraud for operating a romance scam via dating apps (Tinder, Hinge, Bumble) from April 2021 to February 2024. Lloyd posed as a successful investor and finance manager, deceiving at least five victims into sending him over $2 million through false promises of investment returns and insurance guarantees, while actually using the funds for personal expenses including a $40,000 Lexus purchase. He faces up to 20 years in prison per wire fraud count if convicted.
wchstv.com
· 2025-12-08
Charleston Police and Chase Bank hosted a scam awareness workshop for seniors in Charleston, West Virginia, where attendees learned to recognize common fraud schemes including E-Z Pass, jury duty, and romance scams. According to the Federal Trade Commission, West Virginia residents lost approximately $27 million to fraud and scams in 2024 and are on pace to lose more in 2025. Experts advised seniors to verify requests with trusted sources directly, avoid sharing personal information via phone or email, and report scams immediately to police and their banks, noting that once money reaches scammers—typically operating overseas—it is nearly impossible to recover.
dailydot.com
· 2025-12-08
A 5th-grade teacher received a convincing scam call from someone impersonating a sheriff's department official claiming she had failed to appear for jury duty and faced citations and arrest warrants. She avoided falling victim by questioning the caller's information and verifying with her local sheriff's department non-emergency line, which confirmed it was a scam—noting that legitimate jury duty failures are handled by mail, not threatening phone calls. The teacher's warning highlights that this scam is circulating widely, with multiple commenters reporting they experienced similar calls or were actually defrauded by the scheme.
pressherald.com
· 2025-12-08
At least 13 Mainers reported receiving text message scams impersonating the Department of Motor Vehicles, using a fake law reference and threatening license suspension to create panic and prompt immediate payment. Maine has seen a significant rise in government impersonation scams, with 98 reported victims in 2024 compared to about 40 annually from 2020-2022, while phishing and spoofing scams jumped from fewer than 100 victims yearly to 357 victims in 2024. Experts recommend acting quickly if scammed by freezing credit with all three major agencies, monitoring financial accounts, and reporting the incident to local police and relevant companies.
enquirerjournal.com
· 2025-12-08
This article documents various scam tactics—including posing as banks, government agencies, and using cryptocurrency demands—and shares personal experiences where victims avoided losses by recognizing red flags like bitcoin requests and suspicious email domains. According to AARP data, consumers lost $470 million to scams in 2024 (five times the 2020 amount), with criminals targeting text messages at high success rates; the article recommends filtering unknown numbers, verifying caller information, and deleting messages requesting urgent action or personal information.
2news.com
· 2025-12-08
The Lyon County Sheriff's Office warned of rising scams targeting older adults in the region, including grandparent scams, government imposter schemes, tech support fraud, and sweepstakes scams that aim to steal money and personal information. According to the FBI's Internet Crime Report, Americans over 60 lost $1.7 billion to fraud in the previous year, with Lyon County seniors being frequent targets due to their trust, limited tech skills, and fear of reporting. The sheriff's office is offering community presentations on fraud prevention and recommends residents use the STOP, LEAVE, ASK, WAIT, ACT protocol to identify and avoid suspicious calls.
yahoo.com
· 2025-12-08
Morgan Hill Police Department arrested one suspect and recovered $15,000 from two separate elder fraud cases reported on July 23. The first case involved a victim who lost $30,000 to a pop-up scam claiming their computer was hacked and requiring payment to fix it; the suspect was arrested on July 24 and charged with elder abuse, criminal conspiracy, and theft by false pretenses. The second case involved a victim who received a call from someone impersonating an FBI agent demanding $24,000; police intercepted $15,000 before it was shipped out of state.
timesofindia.indiatimes.com
· 2025-12-08
In the first six months of 2025, Telangana victims lost Rs 681 crore to cyber fraudsters—a 24% decline from the previous year—attributed to increased public awareness campaigns and rapid reporting mechanisms. While cyber fraud complaints nationally rose 37%, Telangana experienced a 13% reduction, with notable decreases in reward points scams (74%), gift fraud (60%), and digital arrest cases (56% fewer senior citizens affected), though loan fraud complaints increased 16%. Of the Rs 681 crore lost, the largest losses came from stock market investment and part-time job fraud (Rs 170 crore), with authorities recovering Rs 107
thehansindia.com
· 2025-12-08
A bank manager in Mandya was defrauded of ₹50 lakh by cyber scammers posing as CBI officials who used "digital arrest" tactics, threatening her with involvement in a money laundering racket and keeping her on video call while she transferred funds to fake accounts. The scammers immediately dispersed the money across 29 different bank accounts to evade tracing. Following a nine-month investigation, police arrested three accused in Rajasthan and identified them as part of a larger cybercrime syndicate operating fake accounts.
ainvest.com
· 2025-12-08
A woman's Instagram account was hijacked and used to advertise fake Oasis concert tickets, resulting in £1,400 stolen from her friends who believed they were purchasing genuine tickets from her. The scammers impersonated her to spread the fraud and demanded £100 to return account access, while Instagram refused to recognize the account as compromised. The incident reflects a broader trend of ticket fraud, with UK Oasis fans losing over £2 million to fraudsters by March 2025, and experts recommend using two-factor authentication to prevent similar account compromises.
ainvest.com
· 2025-12-08
**Summary:**
Indian authorities arrested 23-year-old computer science student Shaurya Singh for his involvement in a Rs. 3.81 crore ($457,000) cryptocurrency fraud scheme, where he allegedly assisted criminals by transporting financial documents and facilitating transactions through his bank and crypto accounts. Singh's arrest is part of a broader investigation into cross-border crypto fraud networks linked to Southeast Asia that employ romance scams and "pig-butchering" schemes, highlighting vulnerabilities in India's crypto ecosystem including weak KYC requirements and regulatory gaps that enable financial crimes.
indianexpress.com
· 2025-12-08
Between 2023 and July 2025, Chandigarh police registered 23 FIRs for "digital arrest" scams, with 13 cases reported in the first half of 2025 alone, indicating a rising trend. Fraudsters impersonate government officials (CBI, ED, NCB) via WhatsApp or video calls to convince victims—primarily elderly individuals—that they are under investigation, then coerce them into transferring money to fake "safe government accounts"; notable victims include a retired Colonel who lost Rs 3.41 crore, an 82-year-old woman who lost Rs 2.5 crore, and others.
tucson.com
· 2025-12-08
A 74-year-old Tucson man drained his 75-year-old wife's $250,000 retirement account after developing an online romance with a woman claiming to be a chef, whom he met on Facebook and sent money to over several months for various fabricated needs including job fees and taxes. The couple also took out a loan on their vehicle and considered a home equity loan to continue funding the scam, which ended when the account was depleted and the scammer stopped contact. Arizona has the highest rate of elder fraud in the nation at 289 cases per 100,000 seniors, with authorities reporting that social media romance scams, phishing, and AI-
kolotv.com
· 2025-12-08
The Lyon County Sheriff's Office issued a scam alert after handling numerous identity theft and phone scams, warning that seniors are frequently targeted by fraudsters impersonating government officials or offering financial assistance. Americans over 60 lost $1.7 billion to fraud in the past year according to the FBI, with seniors vulnerable due to trust in authority figures, substantial savings, limited tech literacy, and reluctance to report being scammed. Common scams affecting Lyon County seniors include grandparent scams, government imposter schemes, financial abuse by trusted individuals, tech support fraud, and lottery scams.
griceconnect.com
· 2025-12-08
The Statesboro Police Department warned of three escalating phone scams targeting senior citizens in the area: Social Security fraud (claiming false benefits issues to extract personal information or payments), the "Grandparent" scam (impersonating grandchildren claiming emergencies to request wire transfers), and fake charity solicitations (posing as legitimate organizations to collect donations). The department advised seniors to never share personal or financial information over the phone, verify callers by contacting organizations directly, and report suspicious calls to local police.
ehextra.com
· 2025-12-08
Michigan Attorney General Dana Nessel issued consumer alerts warning of an uptick in scams impersonating celebrities (Snoop Dogg, Garth Brooks, Kid Rock) and military leaders to steal money through romance scams, cryptocurrency/pig butchering schemes, and merchandise fraud. The scams often exploit people on dating platforms and social media by posing as celebrities to request money, investments, or personal information, with some using AI-generated deepfake audio and video to increase authenticity. Nessel and AARP recommend victims avoid sending money to online contacts, verify caller identities independently, and contact AARP's ElderWatch program at 800-222-4444 for
katv.com
· 2025-12-08
Jordan Vales, 21, of Trumann, Arkansas, was arrested on charges of Medicaid fraud after submitting false claims for services he never provided as a fraudulent employee and caregiver at First Choice Home Care between June 2022 and December 2023. The scheme resulted in $96,711.68 in fraudulent Medicaid payments. Attorney General Tim Griffin praised the Medicaid Fraud Control Unit and Special Agent Laura Glover for their investigation and arrest of Vales on the Class A felony charge.
wuft.org
· 2025-12-08
**Summary:** California Governor Gavin Newsom claimed Florida ranks #51 in mental health care, #1 in elder fraud, #1 in home insurance costs, and #1 in rent increases. PolitiFact's fact-check found mixed accuracy: while Florida consistently ranks poorly in mental health care spending (lowest per capita at $36.05), other mental health rankings place it 21st nationally; elder fraud claims were not evaluated in this excerpt; and analyses confirm Florida leads in home insurance costs and rent increases, though specific rankings vary by source.
wlrn.org
· 2025-12-08
**Summary:**
This PolitiFact article fact-checks California Governor Gavin Newsom's claim that Florida ranks worst nationally in mental health care, home insurance costs, elder fraud, and rent increases. The analysis finds Newsom's accuracy is mixed: Florida consistently ranks among the lowest in mental health spending (lowest per capita at $36.05), but other mental health metrics place it 21st or 46th depending on the measure; the article excerpt does not provide conclusions on the remaining claims about insurance, elder fraud, and rent.
timesofindia.indiatimes.com
· 2025-12-08
Cybercrimes in Andhra Pradesh are rising at over 300 reported cases monthly, with scammers targeting specific age groups: young adults (20-25) via fake job offers, working professionals (30-45) through investment and crypto fraud schemes promising high returns, and senior citizens (60-70) using digital arrest scams impersonating government officials. Investment fraud cases result in losses ranging from Rs 10 lakh to Rs 1 crore per victim, with some high-profile victims avoiding complaint filing due to embarrassment, while cities like Vizag, Vijayawada, Tirupati, and Kurnool account for 40-50% of
morganhilltimes.com
· 2025-12-08
Morgan Hill Police arrested a suspect and recovered $15,000 in two elder fraud cases reported on July 23. The first victim lost nearly $30,000 after a pop-up message falsely claimed their computer was hacked and demanded payment; the suspect was arrested during a follow-up meeting and charged with felony conspiracy, elder abuse, and theft by false pretenses. The second victim was targeted by a phone impersonator posing as an FBI agent who instructed them to withdraw and ship $24,000, but police intercepted the package and recovered the full $15,000 before it reached its destination.
bhaskarenglish.in
· 2025-12-08
A woman doctor in Gandhinagar, Gujarat lost ₹19.24 crore over three months in India's largest digital arrest scam, which began in March 2025 when fraudsters impersonated government officials and threatened her with fake FEMA and PMLA charges. Kept under psychological "digital arrest" with mandatory video call check-ins, the victim was coerced to liquidate assets including home gold, fixed deposits, and property, with funds transferred to 35 bank accounts; Gujarat CID registered a case against 35 people, with one suspect arrested in Surat and investigations revealing international cyber gang involvement.
nypost.com
· 2025-12-08
A Mexican billionaire Ricardo Salinas Pliego was defrauded of $400 million in a "loan-to-own" scheme orchestrated by Ukrainian fraudster Vladimir Sklarov and accomplices who posed as descendants of the Astor family. The con artists obtained shares in Salinas Pliego's company, Grupo Elektra, as collateral and systematically sold them off, causing a 71% stock collapse that erased $5.5 billion from his fortune and damaged investor confidence. The fraudsters used fake identities, professional documentation, and a sophisticated website to appear legitimate, while funneling stolen funds into high-end real estate purchases across
theguardian.com
· 2025-12-08
An adult daughter in Australia discovered that her elderly father in California was being targeted by multiple romance and lottery scams, including a catfishing scheme involving a woman named "Bomba" who posed as a wealthy widow, and a subsequent lottery scam promising $580 million. The father, in his early 70s and struggling with physical disability, substance abuse issues, and financial decline, believed the scams were real despite his daughters' attempts to convince him otherwise and refused to admit whether he sent money to the fraudsters. The account illustrates how loneliness, past trauma, and the desire for financial recovery made the father vulnerable to elaborate deception schemes.
pennlive.com
· 2025-12-08
Rosemary Grogan, an 82-year-old Pennsylvania resident, discovered $50,000 missing from her bank account due to fraud in 2024, a experience shared by growing numbers of elderly victims targeted by sophisticated scammers. U.S. cybercrime losses have surged from $4.2 billion in 2020 to $16.6 billion in 2024, yet small police departments lack resources to pursue international criminal networks, leaving most victims unable to recover stolen funds. Community leaders are calling for a coordinated federal response, including better data sharing and a national cybercrime task force, as current state-level and FBI resources address only large-scale patterns
thehindu.com
· 2025-12-08
Two Hyderabad senior citizens lost over ₹20 lakh in separate cyber fraud cases: an 80-year-old transferred ₹19,09,905 to a fake online trading platform (Ifex Capital) after clicking a fraudulent news article link, while a 66-year-old woman lost ₹1,17,521 after installing a counterfeit DMart app disguised as a step counter. Both cases involved sophisticated deception tactics including fake credentials and impersonation of legitimate services, with investigations ongoing by Hyderabad police cybercrime division.
ket.org
· 2025-12-08
This educational forum featuring experts and fraud victims discusses common scams targeting elderly people, including email/social media schemes, tech support scams, and impersonation of law enforcement or government officials. Seniors are frequent targets because they may be lonely, vulnerable, or less technologically savvy, and scammers exploit urgency and fear to manipulate victims; real victims lost thousands to hundreds of thousands of dollars, including one woman who lost over $400,000 and now owes the IRS $100,000 in additional taxes. The discussion emphasizes that fraudsters use sophisticated, multi-layered schemes designed to be difficult to trace and recommends awareness and verification of unexpected contacts as prevention strategies.
ket.org
· 2025-12-08
This educational forum features elder fraud experts discussing common scams targeting seniors, including email, social media, tech support, and phone-based schemes. Elderly individuals are frequent targets because they have more free time, may be lonely or financially worried, and scammers exploit urgency and fear to manipulate them. The panel shares real victim experiences—including a woman who lost over $400,000 to an imposter federal agent scam and now owes $100,000 in taxes—and emphasizes that scams use multiple layers of deception designed to be difficult to trace before funds are depleted.
patriotledger.com
· 2025-12-08
The FBI Boston Division is warning New Englanders of an increasing surge in scam calls from fraudsters impersonating federal agents and law enforcement officials who use intimidation tactics—threatening arrest, property confiscation, or bank account freezes—to pressure victims into sending money via wire transfer, gift cards, cryptocurrency, or cash. According to the FBI's Internet Crime Complaint Center, 778 complaints were filed across Massachusetts, Maine, New Hampshire, and Rhode Island, resulting in total losses of $12.9 million. The FBI emphasizes that legitimate law enforcement agencies do not call threatening arrest or demanding payment, and victims should hang up immediately, contact their financial institutions, and report the scam to local police
wabi.tv
· 2025-12-08
The FBI issued a warning to New England residents about an increase in scam calls where fraudsters impersonate law enforcement and government agencies, threatening arrest unless victims pay money. Over 17,000 people nationwide fell victim to such scams in the previous year. The FBI emphasizes that legitimate law enforcement will never threaten arrest or demand payment by phone, and urges recipients of suspicious calls to hang up and report them to local law enforcement.
yesweekly.com
· 2025-12-08
An increasing wave of AI-generated celebrity romance scams has defrauded Americans of millions of dollars, with victims including a 73-year-old who lost over $100,000 to a fake Kevin Costner on Facebook and an elderly woman scammed by a deepfake Liam Neeson voice. According to FBI data, Americans reported $672 million in losses to romance and confidence scams in 2024 alone, with elderly victims averaging $83,000 per person, though many cases go unreported due to embarrassment. The article emphasizes that while scammers continue to evolve their tactics using new technology and platforms, vigilance and skepticism—particularly about uns
wealthsolutionsreport.com
· 2025-12-08
Ultra-high net worth (UHNW) individuals face increasingly sophisticated scams that exploit publicly available data, AI technology, and deep social engineering to target them with highly personalized fraud schemes. The article identifies seven major scam types affecting wealthy Americans: whaling (executive phishing), deepfake-driven impersonation and family emergency scams, synthetic identity fraud, tax and authority impersonation scams, and romance scams—each using tailored personal details and urgent requests to extract sensitive information, authorize fraudulent transfers, or manipulate victims into fake investments. Wealth managers and advisors are advised to educate clients on red flags including unusual communication changes, urgent financial requests from trusted sources, and demands
gillibrand.senate.gov
· 2025-12-08
New Yorkers lost over $540 million to fraud in 2024. Senator Kirsten Gillibrand introduced the Stop the Scammers Act to restore Consumer Financial Protection Bureau funding that was reduced by a Republican tax bill, and to authorize the CFPB to reward whistleblowers who report financial crimes and fraud targeting seniors.