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ca.sports.yahoo.com
· 2025-12-08
Antony Linton Stewart, a 39-year-old Jamaican national, pleaded guilty to conspiring to defraud elderly U.S. victims through a fake lottery scheme in which he falsely told victims they had won and needed to pay taxes on their "winnings." Victims wired hundreds of thousands of dollars to intermediaries in the United States and Jamaica, who forwarded the money to Stewart. Stewart faces up to 20 years in prison for the conspiracy to commit mail and wire fraud.
columbiacommunityconnection.com
· 2025-12-08
From 2022 to 2023, the Financial Crimes Enforcement Network reported approximately $27 billion in suspicious activity related to elder financial exploitation, with 80% of all suspicious activity reported by banks involving elder scams. Elder financial exploitation—the unauthorized or improper use of an older person's funds, property, or assets—can be perpetrated by strangers, family members, friends, neighbors, or caregivers using tactics such as government impersonation, fake prizes, tech support scams, and the grandparent scam. The article emphasizes preventive measures including protecting sensitive documents, reviewing credit reports, verifying credentials, and trusting instincts when suspicious activity occurs.
witl.com
· 2025-12-08
In 2022, Michigan seniors aged 60 and older lost $52.5 million to fraud, with 2,243 victims averaging $23,416 in losses per person—a rate of 87.2 victims per 100,000 residents. Tech support scams disproportionately affected seniors, who are 517% more likely to fall victim to these schemes than younger people. Online scams were the primary method of fraud targeting Michigan's elderly, with investment scams, business impostor schemes, and romance scams representing the largest fraud categories nationally.
thesenior.com.au
· 2025-12-08
This educational article explains that modern scams are sophisticated operations run by international fraud gangs targeting victims across all ages and education levels, with common types including investment, romance, banking, cryptocurrency, and identity theft scams. The Australian Financial Complaints Authority recommends the "Stop, Think, Check" approach to protect yourself, advising people to question suspicious messages, think critically, and act quickly if something feels wrong. AFCA, along with other organizations, offers resources and free webinars to help consumers understand scams and learn protective measures.
justice.gov
· 2025-12-08
Malachi Mullings was sentenced to 10 years in federal prison for laundering over $4.5 million obtained through romance fraud scams and business email compromise schemes that targeted elderly victims and companies from 2019 to July 2021. Operating under the fake company name "The Mullings Group LLC," Mullings opened 20 bank accounts to conceal fraud proceeds, including $310,000 diverted from a state Medicaid program and $260,000 obtained from an elderly romance scam victim, which he used to purchase luxury items including a Ferrari. The case was prosecuted as part of the Department of Justice's Transnational Elder Fraud Strike Force and involved investigation by
forkast.news
· 2025-12-08
Major technology companies including Coinbase, Meta, Match Group, and others formed "Tech Against Scams," a coalition addressing the rising threat of romance scams and cryptocurrency investment fraud. Scammers use fake identities on dating apps and social media to build trust with victims before pressuring them into cryptocurrency investments and stealing their funds. The Department of Justice recently exposed a romance scam involving at least $73 million in stolen funds converted to cryptocurrency, prompting the coalition to share threat intelligence, best practices, and consumer education across digital platforms.
therecord.media
· 2025-12-08
Malachi Mullings, a 31-year-old Georgia man, received a 10-year prison sentence for stealing over $3.8 million from a state Medicaid program through business email compromise (BEC) scams, where he impersonated trusted business associates to redirect payments to accounts he controlled, and an additional $260,000 from romance scams. This conviction is part of a broader federal crackdown on BEC schemes, with multiple recent prosecutions securing convictions for laundering millions in stolen funds, as BEC fraud caused nearly $3 billion in reported losses in 2023 alone.
indiatoday.in
· 2025-12-08
Meta has partnered with major cryptocurrency firms (Coinbase, Kraken, Ripple, Gemini) and dating apps like Match Group to launch "Tech Against Scams," a coalition aimed at combating the rising tide of online fraud including romance scams and pig butchering schemes. The initiative will work by sharing threat intelligence and best practices among tech companies to identify and disrupt scam networks, while simultaneously educating users about the risks of online interactions and financial transactions. Romance scams involve fraudsters creating fake identities to establish emotional connections and extract money, while pig butchering scams build trust over time before luring victims into fake investment opportunities.
yahoo.com
· 2025-12-08
Major tech companies including Meta, Match Group, Coinbase, Kraken, Ripple, and Gemini launched the coalition "Tech Against Scams" to combat online fraud across dating apps, social media, and cryptocurrency platforms. Romance scams, social media fraud ($770 million in losses in 2021), investment scams ($3.8 billion in losses in 2022), and "pig butchering" crypto scams have cost consumers billions, prompting these companies to share data and collaborate on detection methods and consumer education to disrupt scammers' activities across multiple platforms.
coindesk.com
· 2025-12-08
Major cryptocurrency exchanges Coinbase and Kraken, along with Meta, Match Group, Ripple, and Gemini, formed the "Tech Against Scams" coalition to combat online fraud schemes, particularly "pig butchering" scams where fraudsters use dating apps and social media to build trust before pitching fake cryptocurrency investment opportunities. U.S. losses from crypto investment scams reached $3.94 billion in 2023, up from $2.57 billion in 2022, prompting the coalition to share threat intelligence and best practices to protect users.
theregister.com
· 2025-12-08
Georgia resident Malachi Mullings received a 10-year prison sentence for laundering $4.5 million in proceeds from business email compromise (BEC) attacks targeting healthcare providers and romance scams targeting individuals, including numerous elderly victims, between 2019 and July 2021. Mullings used multiple bank accounts under his company name to conceal the fraud, purchasing luxury items including a Ferrari with stolen funds; one romance scam victim alone lost $260,000. He pleaded guilty to eight charges including money laundering and conspiracy to commit money laundering as part of a larger scheme involving nine other suspects across Georgia, South Carolina, and Virginia that defrauded state Medicaid programs
goldcountrymedia.com
· 2025-12-08
This does not appear to be an article about elder fraud, scams, or elder abuse. The text is a generic system notification message regarding email verification and session renewal, likely from a website or application interface. It is not relevant to the Elderus database.
news5cleveland.com
· 2025-12-08
The Ohio Department of Commerce's Division of Securities reported a surge in investor scams, receiving approximately 250 fraud complaints in 2023, with Ohio residents losing over $150 million to financial scams that year. Scams ranged from $100 to $100 million and primarily targeted retirees seeking investment returns; victims should avoid unsolicited social media investment offers, overly complex opportunities, and verify companies before investing. Ohio offers a recovery fund for defrauded investors, and victims should report incidents to local police, the Division of Securities, or the FBI's Internet Crime Complaint Center.
finance.yahoo.com
· 2025-12-08
Major technology companies including Coinbase, Match Group, Meta, Ripple, and Gemini formed "Tech Against Scams," a coalition addressing the surge in romance scams and cryptocurrency investment fraud. Scammers use fake identities on dating apps and social media to build trust with victims before pressuring them into cryptocurrency investments and stealing their funds, with the Department of Justice recently uncovering a single romance scam involving over $73 million in laundered assets. The coalition will share threat intelligence, best practices, and consumer education to combat these increasingly prevalent scams across digital platforms.
cbs12.com
· 2025-12-08
A Miami mother and daughter were sentenced to federal prison for their roles in a $500,000 elder fraud scheme in which they stole personal information from elderly clients and used it to fraudulently purchase vehicles and obtain loans. Aisladys Diaz, a home health aide, obtained the identifiable information from two elderly residents under her care and shared it with her daughter Ailensy Buron Diaz and three accomplices, who then used the stolen information to buy over $500,000 in vehicles and apply for credit cards and pandemic relief loans. Aisladys Diaz received a sentence of four years and four months while her daughter received four years in prison, with both subject to three
thecyberexpress.com
· 2025-12-08
Malachi Mullings, 31, from Georgia, was sentenced to 10 years in prison for money laundering and conspiracy related to a fraud network that defrauded over $4.5 million from victims through business email compromise attacks, romance scams, and healthcare benefits fraud, including $310,000 diverted from a state Medicaid program and $260,000 from romance scam victims. Mullings was part of a 10-person conspiracy that caused more than $11.1 million in total losses by targeting Medicare, Medicaid programs, private health insurers, and vulnerable individuals. FBI data shows elder fraud complaints increased 14% in 2023
itechpost.com
· 2025-12-08
**Cryptocurrency scams targeting seniors have become a billion-dollar problem, with victims over 60 losing $3.4 billion in 2023—including $1.6 billion specifically through cryptocurrency transactions like Bitcoin and Ethereum.** Common fraud schemes include investment scams and romance/tech support impersonation scams that exploit seniors' unfamiliarity with digital assets and manipulate them into sending money via crypto platforms. Companies like Lionsgate Network are working to combat the issue through blockchain forensics and asset recovery, while emphasizing that public awareness and education in senior communities are critical to prevention.
the-sun.com
· 2025-12-08
Pamela Mangum and her husband lost $70,000 to an investment scam that began when Mangum clicked on a Bitcoin mining link posted by a family member (whose account had been hacked) and was contacted by a fraudster posing as an investment coach. Over six months, Mangum made deposits through Bitcoin ATMs and the scammers also created unauthorized Cash App accounts using her personal information obtained from an online investment profile, draining additional funds before she discovered the scheme when attempting to withdraw her purported $159,638 balance. The scammer, believed to be operating from Nigeria, exploited Mangum's information to fraudulently access her bank accounts, resulting in significant
indiatoday.in
· 2025-12-08
Online scams are rapidly increasing in India, with common types including phishing, fake investment schemes, social media fraud, and UPI payment fraud that trick victims into revealing personal information or transferring money. The article provides guidance for victims: immediately stop communicating with scammers, notify your bank or payment provider to block accounts, change passwords and enable two-factor authentication, and file a complaint with the Cyber Crime Cell or National Cyber Crime Reporting Portal to maximize chances of money recovery.
vanhollen.senate.gov
· 2025-12-08
U.S. Senators Van Hollen and Warnock introduced bipartisan legislation, the Empowering States to Protect Seniors from Bad Actors Act, to combat financial fraud targeting seniors, who lose approximately $28 billion annually to financial exploitation. The bill would establish a $10 million annual grant program administered by the SEC to fund state regulators' investigation, prosecution, technology, training, and public awareness efforts against senior financial fraud. The legislation is supported by numerous financial industry and consumer protection organizations.
gulflive.com
· 2025-12-08
Florida's seniors lost nearly $300 million to scams in 2023, with the state ranking second nationally for elder fraud complaints. Major schemes included investment fraud ($90 million), tech support scams ($51 million), and romance scams ($40 million), often resulting in devastating consequences such as foreclosed homes and emptied retirement accounts. Nationally, people over 60 lost approximately $3.4 billion to fraud in 2023, representing an 11% increase from the previous year.
dav.org
· 2025-12-08
U.S. veterans reported $350 million in fraud losses in 2023, representing a $60 million increase from 2022, with over 74,000 fraud reports and a median loss of $577 per victim according to FTC data. The Veterans Scam and Fraud Evasion (VSAFE) Act (H.R. 6452) was introduced to address this growing problem by establishing a dedicated scam and fraud evasion officer within the Department of Veterans Affairs to help veterans identify, report, and prevent fraud. Veterans are twice as likely as the general population to fall victim to scams including identity theft, loans, and investment fraud, making this centralize
noozhawk.com
· 2025-12-08
Brett Edward Lovett, a 53-year-old Camarillo man, was convicted in March 2018 of 29 felony counts including investment fraud, elder theft, grand theft, and money laundering for defrauding at least five victims of over $500,000 between 2010 and 2016. Lovett befriended vulnerable individuals, including elderly members of a Carpinteria church, and persuaded them to invest their money with false promises of high returns, leaving some victims homeless and destitute. He faced sentencing in June 2018 with prosecutors requesting over 28 years in prison, following a 15-month investigation by the California Department
itechpost.com
· 2025-12-08
**Cryptocurrency scams targeting seniors have become a billion-dollar crisis, with victims over 60 losing $3.4 billion in 2023—including $1.6 billion specifically through cryptocurrency transactions—according to FBI data.** Common schemes include investment fraud, romance scams, and tech support impersonation, where scammers exploit older adults' unfamiliarity with digital assets to pressure them into sending money via crypto platforms. Companies like Lionsgate Network are developing blockchain forensics technology to trace and freeze stolen crypto assets and recover funds through legal channels.
prnewswire.com
· 2025-12-08
Major technology companies including Meta, Coinbase, Match Group, Ripple, Kraken, and Gemini announced the formation of "Tech Against Scams," a coalition aimed at collaborating to prevent and disrupt online fraud schemes such as romance scams, crypto scams, and "pig butchering" scams. The coalition will share threat intelligence, best practices, and consumer education strategies to identify and combat evolving financial scams that target users across multiple platforms. This cross-industry effort addresses the challenge that scammers operate across multiple services, requiring coordinated action that no single company can achieve alone.
uk.news.yahoo.com
· 2025-12-08
In 2023, UK consumers lost a record £85.9 million to purchase scams, with 156,000 cases recorded where victims paid for goods or services that never materialized, according to UK Finance. Purchase scams accounted for approximately two-thirds of the 232,429 authorized push payment (APP) fraud cases reported, with total APP losses reaching £459.7 million; romance scams also hit a record high at £36.5 million lost. UK Finance warned that scammers would likely target consumers seeking tickets to major 2023 events like the Olympics and Taylor Swift concerts, with Lloyds Bank estimating over £1 million already lost to frau
techcrunch.com
· 2025-12-08
On Tuesday, major tech companies including Match Group, Meta, and Coinbase launched "Tech Against Scams," a coalition aimed at combating online fraud across dating apps, social media, and cryptocurrency platforms. Romance scams cost users more than any other fraud type as of 2019, while social media scams caused $770 million in losses in 2021 and investment scams exceeded $3.8 billion in losses in 2022; the coalition plans to improve fraud detection, user education, and data-sharing between platforms to address these issues.
winonapost.com
· 2025-12-08
**Article:** U.S. Department of Justice - Elder Fraud Overview
Millions of elderly Americans lose over $3 billion annually to financial fraud schemes including romance, tech support, grandparent, government impersonation, sweepstakes, home repair, and caregiver scams. Seniors are frequently targeted because they tend to be trusting, have savings and good credit, and are often reluctant to report fraud due to shame or concerns about losing independence. The DOJ recommends protection strategies including recognizing scam attempts, verifying contact information online, resisting pressure to act quickly, avoiding unsolicited offers, never sharing personal information with unverified sources, maintaining updated security
bibbvoice.com
· 2025-12-08
This educational article outlines six major types of financial fraud—check fraud, romance scams, job scams, utility bill scams, investment scams, and QR code scams—that target vulnerable individuals through increasingly sophisticated methods. First US Bank recommends protective measures including account monitoring, positive pay enrollment, social media caution, caller verification, and consulting with financial professionals to combat these threats. The bank emphasizes that victims should never send money to strangers online, verify job offers and investment opportunities, and always use official channels for payments.
blockonomi.com
· 2025-12-08
U.S. authorities arrested two Chinese nationals, Daren Li and Yicheng Zhang, for orchestrating a transnational money laundering scheme that funneled over $73 million from "pig butchering" cryptocurrency scams through U.S. financial institutions and converted the funds into USDT (Tether) tokens. The defendants directed co-conspirators to establish shell company bank accounts where victims were deceived into depositing millions, which were then dispersed to accounts in the Bahamas and converted to cryptocurrency. If convicted on money laundering charges, each defendant faces up to 140 years in prison.
gigazine.net
· 2025-12-08
**Summary:**
On May 17, 2024, U.S. authorities arrested two Chinese nationals—Darren Li and Yichen Zhang—for laundering approximately $73 million (11 billion yen) through shell companies connected to "pig butchering" cryptocurrency investment scams, a romance fraud scheme originating in China where perpetrators build trust with victims before directing them to fraudulent investments. The suspects operated an international syndicate that funneled victim funds through multiple bank accounts and crypto platforms, with cryptocurrency wallets in the scheme containing over $341 million; they face up to 20 years in prison if convicted on money laundering charges.
bbc.com
· 2025-12-08
**The Bre-X Minerals Gold Scam (1993-1997)**
Canadian mining company Bre-X Minerals perpetrated a massive fraud by falsely claiming to have discovered a huge gold deposit in the Indonesian jungle, eventually deceiving investors into pouring billions into the company. The stock price soared from C$0.20 to C$280, and the company was valued at C$6 billion, with many Canadian small-town residents investing their life savings before the fraud was exposed in 1997. Chief geologist Michael de Guzman died under mysterious circumstances in a 1997 helicopter crash shortly before the scheme's collapse, with official
kunc.org
· 2025-12-08
Scammers across Colorado are using phone calls, texts, and emails impersonating law enforcement, the IRS, tech support, and other trusted entities to defraud victims of thousands of dollars. In 2023, Colorado reported $188 million in losses across 11,000+ victims, ranking 7th nationally per capita, with Summit County Sheriff's Office reporting 80 fraud cases so far this year totaling tens of thousands in losses. Authorities advise remaining skeptical of urgent requests, offers that seem too good to be true, and unsolicited contact, and recommend reporting suspicious activity to StopFraudColorado.gov or IC3.gov, noting that once funds are
thehackernews.com
· 2025-12-08
U.S. Department of Justice charged two Chinese nationals, Daren Li and Yicheng Zhang, with orchestrating a "pig butchering" cryptocurrency investment scam that laundered at least $73 million through shell companies and international bank accounts. The victims were deceived into transferring millions to U.S. bank accounts, with funds then routed through the Bahamas and converted to cryptocurrency, and both defendants face up to 20 years in prison per count. Pig butchering scams typically exploit lonely or wealthy targets via social media and dating apps, with the scheme often operating from scam factories in Southeast Asian countries like Myanmar where victims are trafficked and coerced into participation
7news.com.au
· 2025-12-08
A 28-year-old Sydney woman named Monica discovered that her photos from her public Instagram account had been used to create a fake Tinder dating profile under the name "Tayla," which remained active for approximately six months and matched with multiple users. Monica reported the fraudulent account to Tinder and sought help from friends and online safety groups, though the fake profile persisted despite multiple removal requests, leaving her concerned about potential romance scams or real-life encounters with those who had matched with the imposter account. The incident highlights the risks of maintaining public social media profiles and demonstrates how easily personal images can be misappropriated for dating app fraud schemes.
nzherald.co.nz
· 2025-12-08
New Zealand's retail banks are implementing a Confirmation of Payee (CoP) system to reduce fraud by requiring customers to verify that account names match account numbers before making payments online. The system will provide match, close-match, or no-match notifications at the point of payment and is set to roll out by end of year, though it has limitations and won't prevent romance, investment, or online shopping scams where fraudsters use social engineering tactics.
wxyz.com
· 2025-12-08
Two elderly Troy, Michigan residents lost over $1 million combined to online scams between October 2023 and February 2024—an 81-year-old man lost $460,000 to a fake gold investment scheme, and another senior lost $700,000 to a Publishers Clearing House tax scam. Police are investigating both cases and note these scams are becoming more frequent, with scammers using convincing tactics, urgency, and increasingly AI-generated voices to pressure victims into sending money or personal information. Experts recommend seniors verify requests with family members, be cautious of rushed decisions, and trust their instincts when something feels suspicious.
news4sanantonio.com
· 2025-12-08
Texas ranks third in the nation for elder fraud, with 7,035 complaints from seniors over 60 resulting in losses exceeding $278 million in 2023, according to the FBI report. Scams include phishing, romance schemes, investment fraud, and cryptocurrency theft, with one couple in their 80s losing nearly $200,000 through a pop-up computer scam. Experts note that quick reporting is critical for potential fund recovery, though victims like the Shockeys have had limited success retrieving losses.
kvnutalk.com
· 2025-12-08
In 2023, scammers stole over $3.4 billion from older Americans through increasingly sophisticated schemes, with the FBI receiving more than 100,000 complaints from victims over 60, nearly 6,000 of whom lost over $100,000 each. Common tactics include tech support scams, romance fraud, investment schemes, and impersonation of officials who convince victims their accounts are compromised and direct them to move funds to secret accounts or arrange in-person courier pickups of cash or gold. The FBI warns that losses have risen sharply since the pandemic as organized criminal enterprises target vulnerable older adults, and recommends grown children conduct "tech check-ins" with aging parents to
cachevalleydaily.com
· 2025-12-08
Scammers stole over $3.4 billion from Americans over 60 last year, with the FBI receiving more than 100,000 complaints and nearly 6,000 victims losing over $100,000 each. The most common schemes include tech support scams, romance fraud, investment fraud, and account-compromise scams where criminals impersonate officials and either pressure victims to transfer funds electronically or arrange in-person courier pickups of cash and precious metals. The FBI warns that families should conduct "tech check-ins" with elderly parents and implement preventive measures, as scammers increasingly use sophisticated and brazen tactics that can leave victims financially devastated.
ksal.com
· 2025-12-08
According to 2022 FBI and FTC data analyzed by VPNPro, Kansas experienced $24.4 million in losses to elderly fraud affecting an average of 68.6 victims per 100,000 residents aged 60 and over. Nationally, investment scams caused the largest losses ($404 million), followed by business imposters ($271 million) and romance scams ($240 million), with seniors being 517% more likely to fall victim to tech support scams than younger adults. Online fraud and bank transfers were the most common contact methods and payment methods respectively, resulting in $564 million and $570 million in losses to elderly victims in 2022.
sbs.com.au
· 2025-12-08
Criminals are increasingly using AI technology to create audio deepfakes by cloning victims' voices from recorded phone calls and online sources, then using these replicas to impersonate the victims and extort money from their family members or conduct romance and investment scams. The sophistication of generative AI systems has made these voice cloning frauds difficult to distinguish from authentic communications, prompting warnings from major banks and government authorities. Experts advise people to be cautious when answering suspicious calls and sharing personal information online, as even brief voice samples can be used to train AI systems to replicate their voices convincingly.
localnews8.com
· 2025-12-08
Idaho's Department of Finance is warning residents about an uptick in precious metals scams where fraudsters convince victims their identities or accounts have been compromised, then direct them to purchase gold or precious metals and hand them over to fake couriers posing as government officials or financial professionals. According to the FBI, victims lost over $55 million to these cash and precious metals courier scams during the last eight months of 2023, with seniors being disproportionately targeted. The advisory urges Idahoans to be skeptical of unsolicited requests to purchase precious metals for "protection" and to report suspected scams immediately to authorities.
foxsanantonio.com
· 2025-12-08
Texas ranks third nationally for elder fraud, with 7,035 complaints from people over 60 resulting in losses exceeding $278 million in 2023, involving scams such as phishing, romance schemes, and cryptocurrency fraud. The article features Dennis and Joy Shockey, an elderly couple who lost nearly $170,000 to a pop-up computer scam and recovered only about one-third through crowdfunding, illustrating how swift action is critical for potential fund recovery. Experts note that elderly Texans are particularly vulnerable targets, with scammers often funneling stolen money through fake accounts near the Mexican border.
indicanews.com
· 2025-12-08
A woman of Indian origin was arrested on May 9 for her role in a multi-state gold bar fraud scheme that defrauded a Florida man of $1.5 million. The scam involved perpetrators posing as federal agents who convinced victims to purchase gold bullion and surrender it under the pretense of secure storage.
news9live.com
· 2025-12-08
A 37-year-old woman from Navi Mumbai lost Rs 54 lakh in four days after being lured by a work-from-home scam promising payment for rating companies and restaurants; she transferred money to multiple accounts to secure the work before the fraudsters stopped responding. The article advises potential victims to research company credentials, avoid job offers on social media, never pay upfront fees for genuine job opportunities, and be skeptical of promises of high returns.
vindy.com
· 2025-12-08
In 2023, scams targeting American seniors increased 11% with reported losses reaching $3.4 billion, according to the FBI's Elder Fraud Report. Tech-support scams were the most common type, while investment scams resulted in the largest financial losses; Ohio ranked eighth nationally for senior scam complaints with residents losing over $64 million. The article advises seniors to educate themselves about scams, avoid high-pressure situations involving payments, and consult trusted family members before sending money.
michigansthumb.com
· 2025-12-08
McKhaela McNamara (Flint, Michigan) and Jmyla White (Florida) were sentenced to federal prison for their roles in an international wire fraud conspiracy targeting senior citizens across multiple states, with McNamara receiving 51 months and ordered to pay $693,073 in restitution, while White received 97 months and was ordered to pay $3.2 million. The scam began with fake virus warnings on victims' computers, prompting them to call numbers where perpetrators impersonated tech company representatives or federal agents, then convinced victims to withdraw cash, make wire transfers, or purchase gift cards through various ruses involving compromised bank accounts, infected computers, or criminal
justice.gov
· 2025-12-08
Two Florida and Michigan residents were sentenced to federal prison for their roles in an international fraud conspiracy that defrauded senior citizens of millions of dollars. The scheme involved fake tech support warnings that led victims to surrender cash, wire transfers, and gift cards through various ruses, including impersonation of federal agents and false claims of compromised bank accounts; White was sentenced to 97 months and ordered to pay $3.2 million in restitution, while McNamara received 51 months and must pay $693,073 in restitution. One West Michigan victim lost $398,000 to the conspiracy, which operated with scammers based in India and used U.S.-based oper
tribtoday.com
· 2025-12-08
In 2023, scams targeting American seniors increased 11% with reported losses reaching $3.4 billion, according to the FBI's annual Elder Fraud Report. Tech-support scams were the most common type, while investment scams resulted in the largest financial losses; Ohio ranked eighth nationally in senior scam complaints with losses exceeding $64 million. The article recommends seniors educate themselves about common scams, verify suspicious requests with trusted contacts, and avoid high-pressure situations involving gift cards, wire transfers, or cryptocurrency.