Search
Explore the Archive
Search across 19,276 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.
4,158 results
in Government Impersonation
ocalagazette.com
· 2025-12-08
An 82-year-old Ocala woman lost $7,300 in cryptocurrency and nearly lost $160,000 in cash converted to gold in a multi-stage scam involving a fake computer hack, fraudulent bank officer call, and an accomplice attempting to pick up the gold at her home—the plot was foiled by law enforcement and a gold exchange company alert, resulting in the arrest of Jiann Cao. Local agencies report approximately $1 million stolen monthly from elder fraud victims in Marion County, with common scams including tech support fraud, romance scams, and investment schemes; officials recommend verifying the authenticity of unsolicited communications and emphasize education and reporting as key prevention strategies.
oakdaleleader.com
· 2025-12-08
In 2023, fraud cost Americans an estimated $158.3 billion, with new federal initiatives like the National Elder Fraud Coordination Center launching to combat organized fraud schemes through investigation and prosecution. The article highlights three prevalent scams: fake travel websites that appear in search results, utility company impersonators threatening service shutoff, and increasingly sophisticated grandparent scams enhanced by AI technology that create false emergencies to pressure victims into sending money via gift cards, wire transfers, or cryptocurrency.
escalontimes.com
· 2025-12-08
**Fraud Overview & National Response:**
The Federal Trade Commission reported fraud theft reached $158.3 billion in 2023 ($434 million daily), prompting the creation of the National Elder Fraud Coordination Center to investigate and prosecute fraud criminals at scale.
**Common Summer Scams:**
Three prevalent scams target consumers: fake travel websites appearing in search results, utility company impersonators threatening service shutoff and demanding gift cards or wire transfers, and AI-enhanced grandparent scams using realistic voice manipulation to pressure victims into sending money for fabricated emergencies. Protection strategies include researching unfamiliar companies, contacting official numbers directly, and pausing before responding
gmtoday.com
· 2025-12-08
Vineyard Church in Grafton hosted a free community education event called Scam SINGO on August 8, designed to help older adults recognize and avoid common fraud schemes. The interactive bingo-style game combined music with learning about scam types including phishing, romance scams, and fake IRS calls, aiming to empower participants with fraud prevention knowledge.
atlantanewsfirst.com
· 2025-12-08
Kenneth Akpieyi, a 44-year-old from Marietta, Georgia, was convicted of operating romance scams that defrauded at least eight women of over $3 million. The scheme involved posing as wealthy figures on social media, building romantic relationships with victims, and requesting money under false pretenses, with funds routed through his auto brokerage company and sent to accounts internationally. Akpieyi faces decades in prison and substantial fines upon sentencing in November 2025.
irs.gov
· 2025-12-08
Roger Roger, a Costa Rica resident, was sentenced to over 15 years in prison for leading a telemarketing fraud scheme that stole more than $4 million from hundreds of U.S. victims, many of them elderly, by posing as government officials and convincing them they had won sweepstakes prizes requiring upfront payments. He was convicted of conspiracy to commit mail and wire fraud, wire fraud, conspiracy to commit international money laundering, and international money laundering, and was ordered to pay $3.3 million in restitution and forfeit $4.2 million.
justice.gov
· 2025-12-08
Jamal Nathan Dawood, 54, of Burbank was found guilty of embezzling approximately $2.2 million from an elderly victim's estate inherited from the victim's deceased brother through wire fraud and money laundering schemes conducted in late 2019. Dawood gained the victim's trust by offering property management assistance, then fraudulently transferred funds from the victim's trust account to his own accounts and falsely convinced the victim to transfer ownership of his home and inherited real estate to companies Dawood controlled. Dawood faces up to 20 years in federal prison for wire fraud charges and up to 10 years for money laundering charges at his December 8 sentencing
oag.ca.gov
· 2025-12-08
California's Attorney General issued a consumer alert during Military Consumer Month warning service members, veterans, and their families about targeted scams, noting that military consumers reported over 99,400 fraud complaints nationwide last year, including 44,587 imposter scams costing over $199 million. The alert identifies key fraud tactics targeting the military community—including charity scams using deceptive veteran-related names, predatory for-profit schools using high-pressure tactics, and home loan scams impersonating government agencies—and advises victims to verify charities through the Registry of Charitable Trusts and to pause before accepting offers that seem too good to be true.
paymentsjournal.com
· 2025-12-08
This article discusses consumer-engaged fraud, which breaks into two categories: "misuse" (when consumers falsely report legitimate transactions as fraudulent, such as buyer's remorse claims) and "persuaded" fraud (when scammers manipulate consumers into unauthorized payments through impersonation, phishing, or other schemes). Consumer-engaged fraud has become a leading source of fraud losses for financial institutions and merchants as criminals have shifted focus from attacking businesses to exploiting consumers, though tracking and defining these fraud types remains challenging across institutions.
finance.yahoo.com
· 2025-12-08
Social Security scams employ three primary tactics: fake remote job offers that request personal information and upfront fees, phishing emails impersonating the Social Security Administration to direct victims to fraudulent websites, and in-person schemes where imposters posing as government officials convince victims to provide cash or valuables. Recent cases include a victim who gave $2 million in gold bars to someone claiming to be a CIA agent and an Ohio woman who liquidated $500,000 in retirement savings to purchase gold for phone scammers. Protect yourself by avoiding unsolicited job offers and payment requests, verifying emails end in ".gov," and reporting suspicious activity to the Social Security Administration or Office of the Inspector General.
daijiworld.com
· 2025-12-08
A senior woman doctor in Gandhinagar was defrauded of over Rs 19 crore in a "digital arrest" scam lasting three months, where fraudsters posing as government officials (telecommunications, police, and prosecutors) used fake legal threats and constant surveillance to coerce her into liquidating assets and transferring money to multiple accounts. The scam involved forged ED documents and claims of FEMA/PMLA investigations, with the victim kept under constant contact via video calls and threatened with asset seizure. One suspect, Lalji Jayantibhai Baldaniya, was arrested, though investigations continue to identify other perpetrators and recover funds; authorities note this scam pattern is increasingly common
islandfm.com
· 2025-12-08
Scammers created AI-generated videos and fake press reports featuring Guernsey Deputy Lindsay de Sausmarez endorsing a non-existent government investment scheme to defraud investors. De Sausmarez issued a public warning on social media alerting islanders to the fraud, which contained a telling error referring to her as "Mr." This scam is part of a broader pattern of frauds exploiting recognizable local figures and media to target vulnerable individuals.
inkl.com
· 2025-12-08
Modern scams targeting older adults are increasingly sophisticated and personalized, exploiting seniors' trust, digital inexperience, fixed incomes, and desire to help family members. According to the FBI, older adults lost over $3 billion to scams in recent years, with many victims unaware they've been defrauded or too embarrassed to report it. The article identifies 10 warning signs including urgent demands for action, requests for untraceable payments (gift cards, wire transfers, cryptocurrency), instruction to keep the scam secret, too-good-to-be-true offers, callers claiming government authority, and requests for personal information confirmation.
gillibrand.senate.gov
· 2025-12-08
Senators Kirsten Gillibrand (D-NY) and Katie Britt (R-AL) introduced the GUARD Act, legislation designed to enhance law enforcement's ability to investigate cryptocurrency-facilitated fraud against seniors by providing federal grants for blockchain investigation resources and tools. According to the FBI, seniors lost over $4.8 billion to scammers in 2024, with cryptocurrency involved in over 30,000 fraud reports resulting in $2.84 billion in losses, particularly through "pig butchering" schemes that exploit victims into fake crypto investments. The bipartisan bill aims to strengthen federal-local law enforcement cooperation in tracking and prosecuting scammers who
cbs8.com
· 2025-12-08
**San Diego County elder fraud losses reached nearly $70 million in the first half of the year, with officials projecting the total will exceed last year's $98 million in losses.** The most prevalent scam type is "tech support fraud," where seniors receive fake pop-up messages instructing them to call a number for device repair. Local authorities have established the Elder Justice Task Force and encourage reporting suspected scams to the National Elder Fraud Hotline (833-372-8311), though recovery remains difficult especially for international operations.
legaltalknetwork.com
· 2025-12-08
This is an educational podcast episode featuring cybersecurity expert Steve Weisman discussing scam prevention and identification strategies. The episode covers various scam types (including VA imposter and "free piano" scams), the role of AI in modern fraud schemes, and protective measures such as a "zero trust" verification approach where all transactions—particularly checks—must be independently confirmed before trusting them.
goldrushcam.com
· 2025-12-08
**Military Consumer Fraud Alert** - California Attorney General Rob Bonta issued a consumer protection alert warning service members, veterans, and their families about targeted scams, noting that military consumers nationwide reported over 99,400 fraud complaints last year, including 44,587 imposter scams costing victims and families over $199 million. The alert identifies common threats including charity scams (fake veteran organizations), predatory schools using high-pressure tactics to exploit GI Bill benefits, and home loan scams impersonating government agencies, advising consumers to pause on seemingly too-good-to-be-true offers and verify legitimacy before engaging.
cbc.ca
· 2025-12-08
A 63-year-old Calgary woman lost approximately $380,000 of her life savings to a romance scam conducted over five years by a man who claimed to work for the U.S. government and promised to relocate to Canada to be with her. She discovered the fraud when she questioned repeated requests for money and became suspicious of a fake photo of a house they were supposedly going to share, ultimately seeking help from an elder support organization. Romance scams affected over 1,030 Canadians who lost $58 million collectively last year, making it an increasingly common form of fraud targeting seniors.
goldrushcam.com
· 2025-12-08
A San Fernando Valley man, Jamal Nathan Dawood, 54, was found guilty of embezzling approximately $2.2 million from an elderly victim's inherited estate through wire fraud and money laundering schemes conducted in 2019. Dawood fraudulently transferred funds from the victim's trust account to his own accounts, convinced the victim to transfer ownership of his home and inherited real estate properties to companies he controlled, and misrepresented that the victim would retain ownership interests. He faces up to 20 years in federal prison for wire fraud counts and up to 10 years for money laundering counts at his December 8 sentencing hearing.
berkshireeagle.com
· 2025-12-08
The FBI's Boston Division has reported a spike in "vishing" scams across New England in which callers impersonate law enforcement and government officials to extort money or steal personal information, with recent cases in Berkshire County demanding $2,500 for fake warrant clearances. In 2024, approximately 17,367 people nationwide reported losses exceeding $405 million from government impersonation scams, with over 500 Massachusetts victims losing around $9.5 million. Legitimate law enforcement agencies never call threatening arrest or demanding immediate payment; victims should verify caller identity, avoid engaging, and report suspected scams to local police and the FBI's Internet Crime Complaint Center.
witn.com
· 2025-12-08
The Martin County Sheriff's Office warned residents of scam calls in which a man impersonates a law enforcement captain and claims victims have outstanding warrants for failing to report for jury duty, demanding $500 in gift cards. Law enforcement agencies clarified they never call demanding money and urged residents receiving such calls to refuse payment and report the incident to Martin Central Communications.
newskarnataka.com
· 2025-12-08
Two elderly men in Udupi district lost nearly ₹2 lakh to cyber fraudsters in separate incidents. A 71-year-old lost ₹98,000 when fraudsters posing as Army officers convinced him to fill online forms during a rental listing inquiry, then accessed his account credentials to make unauthorized withdrawals. A 59-year-old lost ₹90,000 when someone impersonating an insurance company representative sent him a fraudulent payment link for alleged premium dues; both cases were reported to local police.
newskarnataka.com
· 2025-12-08
Two elderly men in Udupi district were defrauded of nearly ₹2 lakh in separate cyber scams: a 71-year-old lost ₹98,000 after being contacted by fraudsters posing as Army officers who convinced him to fill online forms and gain access to his banking credentials through a property rental platform, while a 59-year-old lost ₹90,000 to scammers impersonating insurance representatives who sent a fraudulent payment link for alleged premium dues. Both cases were reported to local police and filed under BNS and IT Act violations.
abc6.com
· 2025-12-08
The FBI Boston Division warned of an increase in law enforcement impersonation scams targeting New Englanders, where fraudsters impersonate FBI and government agencies to extort money or steal personal information through unsolicited calls. In 2024, the FBI's Internet Crime Complaint Center reported 17,367 victims of government impersonation scams nationwide with total losses of $405,624,084. The FBI clarified it never demands payment via prepaid cards, wire transfers, or cryptocurrency, requests liquidation of assets, or contacts people about frozen Social Security numbers or inheritances, and advised victims to cease contact with scammers, notify financial institutions, and file complaints with local law enforcement and the IC3.
cbc.ca
· 2025-12-08
A 63-year-old Calgary woman lost approximately $380,000 over several years in a romance scam after being contacted by a man claiming to work for the U.S. government who promised a future together but repeatedly requested money and never met her in person. The scam left Nelson homeless and living in an elder abuse shelter, unable to recover her life savings that would have allowed her to purchase a home. According to Canada's Anti-Fraud Centre, romance scams affected 1,030 Canadians who collectively lost $58 million last year, with such frauds becoming increasingly common among seniors.
newsbreak.com
· 2025-12-08
**Summary:**
The FBI's Philadelphia office issued a warning about an ongoing scam targeting international college students, particularly Chinese citizens, since 2022. Scammers impersonate Chinese police officers and claim victims are under investigation for financial crimes in China, demanding payment to avoid arrest and employing four-phase tactics including fake phone numbers, impersonation of officials, demands for 24/7 video monitoring, and threats of arrest or forced return to China. The FBI notes these scams cause significant financial and psychological harm to victims.
malaysia.news.yahoo.com
· 2025-12-08
Malaysian authorities have warned of a rising trend of AI-generated deepfake voice scams targeting victims by impersonating family members and public figures. Since early 2024, police investigated over 454 cases involving cloned voices requesting urgent money transfers, resulting in approximately RM2.72 million in losses, with scammers also using altered videos of celebrities and political figures to promote fake investment schemes. The scams exploit emotional trust and create false urgency, posing threats to individual safety, media credibility, and national security.
malaysia.news.yahoo.com
· 2025-12-08
Malaysian authorities reported a significant wave of AI-powered scams in 2024, including voice-cloning fraud and deepfake video investment schemes. Voice-cloning scams used AI to impersonate employers, family members, and friends via phone and WhatsApp, with documented victims losing between RM3,000 to RM49,800; police investigated 454 deepfake fraud cases totaling RM2.72 million in losses. Deepfake videos falsely featured prominent figures including the Prime Minister, business leaders, and celebrities endorsing fraudulent investment schemes, with Malaysians losing RM2.11 billion to such scams across 13,956 reporte
ainvest.com
· 2025-12-08
Steven Ware of Yonkers, New York pleaded guilty to bank fraud and identity theft for submitting false IRS tax refund claims under a Connecticut investment executive's identity, obtaining $810,337 in unauthorized refunds through fraudulently opened bank accounts. The article also references a separate elder fraud case in which scammers collected over $200,000 from elderly victims through identity theft and wire fraud. These cases illustrate broader vulnerabilities in identity verification systems and the increasing use of stolen identities to defraud government agencies and vulnerable populations.
stuttgartdailyleader.com
· 2025-12-08
Scammers are impersonating police officers to call victims about allegedly missed jury duty, threatening arrest and directing them to fraudulent websites to harvest personal information like Social Security numbers and birthdates, with some demanding fines up to $10,000 or cryptocurrency payments. Red flags include caller ID spoofing, requests for payment via cash, gift cards, payment apps, or cryptocurrency, and fake government seals on phishing websites. Victims should hang up immediately, verify information by contacting the actual court directly, and report the scam to the FTC.
jsonline.com
· 2025-12-08
Wisconsinites are being targeted with phishing text messages impersonating Amazon, claiming items failed quality inspections or are subject to recalls and offering full refunds without returns if recipients click provided links. The FTC issued an alert warning consumers to recognize red flags such as unexpected orders, unfamiliar sender numbers, and suspicious URLs, and to report suspicious texts to 7726 (SPAM) and the FBI's Internet Crime Complaint Center. Those who accidentally engage with scam links should immediately contact their bank and credit card companies, change passwords, and freeze their credit with the three major bureaus.
slate.com
· 2025-12-08
This article documents an investigation into "task scams," a rapidly growing fraud scheme where victims are recruited via text messages with promises of earning $50-$400 daily for minimal work like testing products or rating images online. According to the FTC, task scam reports skyrocketed from 5,000 in 2023 to 20,000 in the first six months of 2024, with reported losses exceeding $220 million in that period alone, though actual losses are believed to be significantly higher since most victims never report the fraud. These scams typically seek personal information or money from victims through fake checks, gift card purchases, or other schemes, despite appearing to offer legitimate remote work
kiplinger.com
· 2025-12-08
This educational guide presents 12 tips for recognizing and preventing fraud and scams, which evolve constantly and target both finances and personal data. Key recommendations include verifying unexpected bank contacts through official channels, questioning urgent messages, staying alert to scams tied to current events, regularly monitoring account activity, setting up transaction alerts, using strong passwords, and enabling multifactor authentication. The advice emphasizes that while fraud is prevalent—ranging from phishing calls to credit card theft—proactive vigilance can help individuals sidestep many scams and quickly identify compromised accounts to minimize damage.
consumer.ftc.gov
· 2025-12-08
Scammers are impersonating police officers in calls claiming victims missed jury duty and owe fines, directing them to fake websites to steal personal information like Social Security numbers and birthdates, with some demanding up to $10,000 in fines or cryptocurrency payments. The scheme uses spoofed caller IDs, official-looking but fraudulent websites with government seals, and fake payment methods to deceive victims. Consumers should recognize that legitimate law enforcement will not threaten arrest over the phone or demand payment via cash, gift cards, cryptocurrency, or wire transfers, and should instead verify any jury duty claims by contacting the court directly using known contact information.
the420.in
· 2025-12-08
A 79-year-old woman in Mumbai lost ₹21 lakh (approximately $25,000 USD) between April and July after being lured by a social media puzzle game advertisement that promised a ₹10 crore prize, with scammers repeatedly demanding various fees under false pretenses before ultimately disappearing. The victim made multiple transfers after receiving fake documents and government clearances, only to be informed the game was discontinued and the prize would not be transferred. Mumbai Police's cyber cell has registered a case under the Information Technology Act and are investigating the digital trail of bank accounts and communications.
kiplinger.com
· 2025-12-08
Identity theft and financial scams have become increasingly sophisticated, with AI-generated emails, deepfakes, and voice-cloning technologies making fraudulent communications difficult to distinguish from legitimate ones. In 2024, consumers lost $27.2 billion to identity fraud (a 19% increase from 2023), with older adults suffering median losses of $1,000 compared to $417 for people in their 20s, despite younger people reporting fraud at higher rates. The article advises protecting sensitive personal information and recognizing common scam tactics, particularly impersonation scams, which were the most reported fraud category with losses reaching $789 million in government impersonation schemes alone.
southtexasnews.com
· 2025-12-08
Scammers are exploiting QR codes through various fraud schemes including fake parking meter payments, romance scams with cryptocurrency wallets, phishing attacks, and government impersonation, with codes typically shared via unsolicited messages or posted in public places. To protect themselves, consumers should confirm QR codes before scanning, avoid codes from strangers, be wary of shortened URLs that hide destination links, and check for signs of tampering on posted codes. Victims of QR scams should report incidents to BBB.org/ScamTracker.
bizzbuzz.news
· 2025-12-08
BreadXPay is a fraudulent fintech platform orchestrated by Joshua Sneider that targets retirees worldwide with promises of cross-border payment solutions and high investment returns (up to 10% monthly). The scam operates through shell companies registered in jurisdictions like Canada and the UK with puppet directors, funneling victim deposits through offshore accounts where they disappear; one documented case involved a 72-year-old Florida teacher who lost her $25,000 life savings after receiving fabricated account statements and being blocked from withdrawals. Elder financial abuse through schemes like this costs seniors over $28.3 billion annually globally.
ocalagazette.com
· 2025-12-08
The Ocala/Marion County Mobile Integrated Senior Crisis Response Team, a collaborative effort of over 20 local agencies, was presented to Florida State Senator Darryl Rouson as an effective model for addressing non-law enforcement crises affecting seniors. The team addresses issues including elder exploitation, dementia-related wandering, hoarding, and financial fraud, while reducing excessive 911 calls and avoiding service duplication. Since its organization began in 2020 by Marion Senior Services, the team has provided unified care coordination and rapid response for seniors experiencing mental health crises, exploitation, and other supportive care needs.
mwe.com
· 2025-12-08
This article is not relevant to elder fraud research. It discusses recent changes to white-collar crime enforcement policies in the US Department of Justice and UK Serious Fraud Office, focusing on corporate self-disclosure incentives, FCPA enforcement, and anti-bribery measures—topics outside the scope of elder abuse, elder fraud, or scams targeting seniors.
cryptotimes.io
· 2025-12-08
FinCEN warned banks that cryptocurrency ATMs are increasingly used for money laundering and elder fraud schemes, with criminal organizations including Mexican drug cartels exploiting these machines' minimal verification requirements. In 2024, the FBI received nearly 11,000 fraud complaints involving crypto ATMs resulting in $246 million in losses, with scammers typically impersonating tech support or government officials to trick elderly victims into withdrawing cash and sending it to untraceable digital wallets. FinCEN is urging financial institutions to monitor suspicious crypto ATM activity and support proposed legislation that would impose transaction limits and require fraud warnings at these kiosks.
weau.com
· 2025-12-08
I don't have access to the full article content—only the webpage navigation menu and header information are visible. To provide an accurate summary for the Elderus database, I would need the actual article text about the Eau Claire Police scam warning.
Could you please share the complete article content? Once you do, I'll provide a concise 2-3 sentence summary focusing on what happened, who was affected, the scam type, and any relevant details.
theguardian.com
· 2025-12-08
The Liberal Democrats called for urgent regulation of YouTube advertising after scams involving deepfakes, impersonated public figures, and fraudulent investment schemes proliferated on the platform with minimal oversight. Notable examples included AI-generated deepfake ads impersonating consumer champion Martin Lewis to promote cryptocurrency schemes, as well as ads for fake products, scam diet pills, and government grant impersonations that remained online for days before removal. The party is urging the UK government to bring YouTube under the same pre-approval and independent enforcement standards as traditional broadcasters, with Ofcom given powers to levy fines and redirect revenues to scam victims.
masslive.com
· 2025-12-08
Scammers are impersonating law enforcement officers and calling people claiming they've missed jury duty and threatening arrest unless they pay fines via cryptocurrency, according to the FTC. The scam directs victims to fake government websites requesting personal information like Social Security numbers and dates of birth, with fraudsters demanding payments up to $10,000. The FTC advises that legitimate law enforcement will never threaten arrest over the phone or demand payment through cryptocurrency, gift cards, or wire transfers, and urges people to hang up and report such calls immediately.
womansworld.com
· 2025-12-08
Hallmark Channel and actor Tyler Hynes warned fans about a widespread Instagram scam in which impersonators claiming to be Hallmark stars direct-message fans asking for money, often claiming romantic interest and using AI-generated videos and audio to appear authentic. Hallmark advised fans to never send money to anyone claiming to be a celebrity, to verify official accounts are verified and legitimate, and to adjust privacy settings so only confirmed followers can send direct messages.
oregonlive.com
· 2025-12-08
The Oregon Department of Justice warned residents of a rising "gold bar" scam targeting Pacific Northwest residents, in which scammers impersonating banks or government agencies convince victims their accounts are compromised and pressure them to purchase gold bars and hand them over to couriers. Recent victims in Eastern Oregon lost significant amounts—one woman lost $600,000 with an additional $300,000 in gold bars prevented by police intervention, and another lost $60,000 in a related silver bar scam. Officials emphasized that no legitimate financial institution or government agency requests customers to liquidate assets into gold and transfer them to strangers.
postcrescent.com
· 2025-12-08
A Grand Chute woman was defrauded of over $2.2 million in gold bars in a scam where she believed she was protecting her money, leading to federal charges against Antonio Peña and Brandi Durst for money laundering conspiracy and wire fraud. The scammers posed as Microsoft representatives, bank officials, and government agents to build trust, isolated victims from family members, and convinced them to convert retirement funds into gold bars, which the defendants would then steal. Gold bar scams have become increasingly common and specifically target elderly populations, as gold is difficult to trace and perceived as secure, making it ideal for money laundering schemes.
myeasternshoremd.com
· 2025-12-08
Queen Anne's County Sheriff Gary Hofmann presented a seminar to the Chamber of Commerce outlining common scams targeting businesses and individuals, including phishing emails, stolen credit card fraud, fake invoices, prepaid gift card demands, check washing, and tech support impersonation. He recommended protective measures such as verifying charitable organizations before donating, implementing multi-factor authentication, monitoring accounts with alerts, requiring dual signatures on checks, and reporting suspicious activity to law enforcement. Hofmann emphasized that scammers exploit fear and urgency, so slowing down and validating requests is essential to prevention.
alreporter.com
· 2025-12-08
Senators Katie Britt (R-Alabama) and Kirsten Gillibrand (D-New York) introduced the bipartisan GUARD Act to combat financial scams targeting older Americans, particularly those using cryptocurrency and blockchain technologies. The legislation would allow state and local law enforcement to use existing federal grant funding to hire personnel and deploy advanced tracing tools, addressing gaps that enable scammers to escape prosecution. According to the Federal Trade Commission, Americans aged 60 and older lost over $2.3 billion to fraud in 2024—a 21% increase from 2023—with experts estimating total unreported fraud at $61.5 billion, including growing "
boredpanda.com
· 2025-12-08
This article discusses various scams and questionable spending habits that millennials fall victim to, including multilevel marketing schemes, online sports betting, rage bait engagement, fake detox products, and premium food delivery services. The piece compiles Reddit comments from millennials admitting to these scams, though commenters debate whether some items (like detox products and food delivery) are actual scams or simply poor financial decisions and that similar issues affected previous generations.