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njbiz.com
· 2025-12-08
New Jersey launched an online portal on March 26, 2025, to streamline reporting of suspected financial exploitation of elderly and vulnerable adults by financial professionals under the state's SAFE Act. Since the law took effect in April 2020, financial professionals have reported over 1,200 suspected fraud cases, resulting in halted disbursements from dozens of victim accounts. The new digital portal allows faster submission of fraud alerts and supporting documents, enabling the Bureau of Securities to intervene more quickly before vulnerable adults lose their assets.
govtech.com
· 2025-12-08
Elder fraud cases, including pension fraud, increased 84 percent in 2022 with losses in the tens of billions of dollars, driven by vulnerabilities in digitized pension systems and delayed death record updates that allow criminals to divert benefits to fraudulent recipients. Advanced digital identity verification technology, including AI-powered cross-referencing of personal data and biometric markers, offers pension operators a proactive defense mechanism to authenticate beneficiaries and verify death status before approving transactions. Enhanced identity verification measures are essential for government pension programs to safeguard retirees' financial security and maintain public trust in these systems.
journal-news.net
· 2025-12-08
I cannot provide a summary of this content. The text appears to be a webpage header/navigation section from a local news publication rather than an article about senior scams. It contains only headlines, links, and navigation elements without substantive content about fraud, scams, or elder abuse. Please provide the actual article text for summarization.
justice.gov
· 2025-12-08
**Summary:**
Hector Claveria, 51, of New York was sentenced to two years in prison in March 2025 for laundering proceeds from elder fraud and computer fraud schemes. Starting in early 2020, Claveria acted as a money mule by collecting cash packages and wiring $20,000 in June 2020 to a foreign account, knowing the funds came from scams targeting elderly victims with fake government/company debt claims and computer service fraud. He was also ordered to forfeit $20,000 and serve three years of supervised release.
wxyz.com
· 2025-12-08
Fraud losses reached $12.5 billion in 2024, a 25% increase from 2023, affecting consumers nationwide including older adults who are increasingly targeted through evolving scam tactics that exploit vulnerabilities. Tanjai Green lost money through a money transfer app scam and was unable to recover her funds despite repeated requests, while psychologist Dr. Peter Lichtenberg emphasizes that scammers specifically target retired individuals and those with disabilities or anxiety. Experts recommend approaching potential scam victims by listening to their perspective rather than confronting them directly, maintaining trusted confidants for financial discussions, and following best practices such as verifying identities online, being skeptical of urgent requests, and avoiding money
technologyreview.com
· 2025-12-08
Gavesh, a South Asian man facing financial hardship, was trafficked into a "pig butchering" scam operation after responding to a fraudulent Facebook job posting promising $1,500 monthly salary. Criminal syndicates operating from compounds in Myanmar-Thailand border regions use social media platforms and tech services to recruit victims and conduct romance/investment fraud schemes that have netted billions of dollars globally, exploiting trafficked workers through coercion and violence. The investigation reveals that major tech companies—including social media, dating apps, cryptocurrency platforms, and messaging services—have enabled the industrialization of these fraud operations and may hold the key to dismantling them if compelled to take action.
newsmeter.in
· 2025-12-08
Fraudsters in Hyderabad are sending fake SMS messages to electricity consumers claiming their power supply will be disconnected due to unpaid bills and urging immediate payment via phone or WhatsApp; scammers then attempt to collect banking details and make unauthorized withdrawals. The Telangana State Southern Power Distribution Company Limited (TGSPDCL) has clarified that it never requests banking details via text or uses personal mobile numbers for communications, and advises consumers to verify bills only through official channels and report suspicious messages to authorities.
discovermoosejaw.com
· 2025-12-08
The Moose Jaw Police Service reported a surge in "Grandparent/Parent Scam" activity, receiving over 30 reports in a single day, with some victims losing money. Fraudsters target elderly residents by impersonating distressed grandchildren or family members requesting urgent cash payments, often using real names obtained from social media and obituaries, followed by secondary calls from individuals posing as lawyers, police officers, or judges. Police emphasize that legitimate law enforcement and legal professionals never request cash payments by phone and advise residents to independently verify such calls and report suspected fraud to authorities.
dailypress.com
· 2025-12-08
This article does not contain sufficient substantive content for the Elderus fraud database. While the headline references "Savvy Senior: How to protect yourself from identity theft scams," the only actual advice provided is that individuals concerned about personal information privacy should place a "fraud alert" or "credit freeze" on their credit file. This is a brief educational tip rather than a news event involving actual fraud or elder abuse.
thegrand101.com
· 2025-12-08
Wellington County OPP warned the public of two fraud schemes targeting seniors in March 2025: one involving a fake energy rebate offer to a senior in Minto, and another where two suspects posing as water company employees offered gift cards to enter a home in Guelph-Eramosa Township, during which prescription medication was stolen. Police are investigating both incidents and urge seniors to verify identities, refuse pressure to act quickly, never share personal information, and contact authorities if suspicious.
dauphin.crimewatchpa.com
· 2025-12-08
**Summary:**
Swatara Police participated in PSECU's 2nd Annual Senior Fraud Forum on March 27 in Harrisburg, where Detective Christopher Seiler and four other panelists discussed types of scams, fraud prevention strategies, and victim response procedures. The event was available both in-person and online, followed by an informational fair where attendees could gather additional resources and ask targeted questions about fraud and scams.
romesentinel.com
· 2025-12-08
In 2023, more than 4,300 New Yorkers age 60 and older lost $203.4 million to financial scams—an average of $47,000 per victim—prompting AARP New York and state legislators to urge inclusion of fraud prevention measures in the state budget. Key proposed protections include training bank employees to identify exploitation and temporarily hold suspicious transactions, with particular focus on common schemes like the "grandparent scam" where criminals pose as relatives requesting emergency funds via untraceable methods like cash or gift cards.
liherald.com
· 2025-12-08
In 2023, over 4,300 New Yorkers age 60 and older lost $203.4 million to financial scams, averaging $47,000 per victim, with the "grandparent scam" being one of the most common schemes targeting seniors. AARP New York and a coalition of state officials are urging legislative leaders to include fraud prevention measures in the state budget, including training bank employees to recognize exploitation and authorize them to place holds on suspicious transactions. Governor Hochul's proposal aims to strengthen financial institutions' ability to detect and prevent scams while giving law enforcement better opportunity to intervene before funds are lost.
liherald.com
· 2025-12-08
In 2023, older New Yorkers age 60 and older lost $203.4 million to financial scams—averaging $47,000 per victim—prompting AARP New York and state officials to urge legislators to include consumer protection measures in the state budget. The proposed legislation would train bank employees to recognize and halt suspicious transactions targeting seniors, with the "grandparent scam" being among the most common schemes used to defraud older adults. State and federal officials emphasized that financial institutions must play an active role in preventing these increasingly sophisticated crimes.
usatoday.com
· 2025-12-08
Luis Alfonso Bisono Rodriguez, a 34-year-old Dominican Republic citizen living in Cleveland, was indicted for operating a grandparent fraud scheme that defrauded at least five elderly victims (ages up to 91) of approximately $50,000 between June 2024 and January 2025. The scheme involved scammers posing as victims' relatives and authority figures (attorneys, bail bondsmen) to convince seniors to withdraw cash, which was then transported via rideshare drivers to locations where Rodriguez collected and wired the money to the Dominican Republic. This case reflects a broader trend in which elderly Americans lose as much as $3.4 billion annually to grandparent frau
delawarepublic.org
· 2025-12-08
Elder fraud targeting seniors is rising significantly, with the Federal Trade Commission estimating billions of dollars stolen in 2023, including phishing texts and impostor scams. AARP Fraud Ambassador Paul Greenwood, who prosecuted hundreds of elder abuse cases over 22 years in San Diego, met with Delaware law enforcement and FBI specialists to discuss strategies for curbing elder fraud and protecting vulnerable older adults.
richlandsource.com
· 2025-12-08
Imposter scams are among the most commonly reported forms of fraud, according to Federal Trade Commission data, with scammers posing as trusted businesses, government entities, family members, or romantic interests to deceive victims. While older adults typically lose larger sums when victimized, people in their 30s and 40s report the highest fraud victimization rates per age group, with scammers using tactics like fake Facebook accounts, urgency-creating threats, grandparent schemes, and romance scams to trick victims into sending money, gift cards, or personal information. Common scam tactics include impersonating utilities or banks threatening service shutoffs, posing as stranded relatives needing emergency funds
fox26houston.com
· 2025-12-08
Americans over 60 lost $3.4 billion to scams in 2023, an 11% increase from 2022, with the FBI receiving over 101,000 complaints from seniors that year—a 14% jump. Tech support fraud was the most common scam type, while investment fraud proved the costliest at $1.2 billion in losses, followed by tech support scams at $589 million and illegal call scams at over $700 million. The actual losses may be significantly higher since only about half of complaints to the Internet Crime Complaint Center included victim age data, and many seniors never report their losses due to stigma and emotional impact.
daytondailynews.com
· 2025-12-08
A Kettering woman lost over $50,000 in a tech support scam after scammers posing as Google and Apple technicians convinced her to install remote access software and transfer funds to cryptocurrency accounts. The scammers built trust by providing fake employee credentials and employee IDs, then coordinated with a fake bank representative to convince her that cybercriminals were targeting her account for illegal activities. This case illustrates a broader trend: elder fraud complaints to the FBI's IC3 rose 14% in 2023, with victims aged 60+ reporting over $3.4 billion in losses—averaging $33,915 per victim—while imposter scams remain the most common frau
kjzz.org
· 2025-12-08
Elder fraud cases are rising nationwide, with Arizona experiencing the highest rate at 289 cases per 100,000 seniors, and older adults losing $3.4 billion to scams in 2023. Louise Harrison, 73, lost $2,000 in an Arizona jury duty scam in which fraudsters impersonated law enforcement and sent a fake arrest warrant to pressure payment. Experts warn that scams are evolving to exploit technology, including voice-cloning AI, romance schemes, and urgent payment demands via phone, text, and social media, and recommend education and awareness efforts through organizations like AARP, the Better Business Bureau, and R.O.S.E. to protect
securityaffairs.com
· 2025-12-08
On February 27, 2025, the U.S. Attorney's Office in Ohio filed a civil forfeiture complaint for $8.2 million in cryptocurrency linked to a "pig butchering" romance scam, in which fraudsters built false romantic and financial relationships with victims via anonymous messaging apps before exploiting them. One Cleveland victim liquidated over $650,000 in retirement savings; the FBI used blockchain intelligence to trace funds across multiple crypto platforms and networks, ultimately leading to the seizure and reissuance of the frozen Tether tokens for victim restitution. This case highlights the rapidly growing threat of pig butchering scams—often operated by human trafficking syndicates from
cbc.ca
· 2025-12-08
Experts warn against sharing banking passwords, a practice that 55% of Canadians have done despite serious security risks. While older adults often share passwords with trusted family members to manage online banking due to limited alternatives in Canada, doing so violates most banks' service agreements, can result in loss of fraud protection and reimbursement, and exposes personal information to potential misuse. Banks recommend using joint accounts or other legitimate account-sharing methods rather than password sharing.
yourvalley.net
· 2025-12-08
The Maricopa County Attorney's Office Community Affairs Department presented information to Sun City West residents about scams targeting seniors, noting that fraud losses follow a bell curve distribution across age groups, with the highest concentrations in middle age ranges rather than the very young or very old. The presentation emphasized that while seniors frequently request fraud awareness information, scams and identity theft affect all age groups.
thedailystar.com
· 2025-12-08
The New York StateWide Senior Action Council identified genetic testing scams as its March Fraud of the Month, in which scammers offer free cheek swabs to Medicare beneficiaries, then use their Medicare information to bill for unnecessary genetic tests or commit medical identity theft. Seniors are advised to consult their primary care doctor before agreeing to any screening, verify that tests were ordered by their physician, review Medicare statements for unauthorized charges (averaging $4,000-$11,000 per test), and report suspected fraud to the NY Senior Medicare Patrol. Medicare fraud costs taxpayers over $60 billion annually nationwide.
news-herald.com
· 2025-12-08
Senior scam incidents in Mentor are reaching all-time highs despite ongoing public warnings, according to local police detectives. The editorial emphasizes the need for seniors to remain alert and informed to protect themselves from becoming victims of these fraud schemes.
thealpinesun.com
· 2025-12-08
San Diego County seniors lose approximately $100 million annually to scams, though the actual figure is likely higher due to underreporting from shame. The San Diego Elder Justice Task Force, comprising local and federal law enforcement, collaborates to prosecute perpetrators and identify criminal rings, with a focus on common schemes like fake virus alerts that trick victims into granting remote computer access or purchasing gold, often followed by cash pickup via courier. The District Attorney's office provides preventive guidance including never allowing remote access to devices, refusing to meet unknown individuals with cash, and immediately reporting suspected fraud to the FBI IC3 and local police.
thestarnews.com
· 2025-12-08
San Diego County seniors lose approximately $100 million annually to scams, though actual figures are likely higher due to underreporting caused by victim shame. A prevalent scam involves fraudsters posing as tech companies, gaining remote access to victims' computers to steal financial information, often resulting in cash pickups by couriers or victims purchasing gold under false pretenses. The San Diego District Attorney's Elder Justice Task Force, composed of local and federal law enforcement, prosecutes perpetrators through state and federal charges while providing public education on prevention strategies including never allowing remote access, avoiding unsolicited pop-ups, and immediately reporting suspicious activity to the FBI IC3 and local police.
yahoo.com
· 2025-12-08
A 76-year-old Hingham resident lost $30,000 in a tech support and financial emergency scam after scammers convinced him his computer was infected and his bank account was at risk. The victim withdrew $30,000 in cash and deposited it into a Bitcoin machine at a gas station after being deceived about its purpose, and nearly fell victim to a second $35,000 loss before becoming suspicious when the scammer requested cash delivery to his home. Police noted the scammers kept the resident on the phone for an extended period to prevent verification and used fear tactics to ensure compliance with their instructions.
fox9.com
· 2025-12-08
Americans over 60 lost $3.4 billion to scams in 2023, an 11% increase from 2022, with the FBI receiving over 101,000 complaints from this age group and an average loss of nearly $34,000 per victim. Tech support fraud was the most common scam type, while investment fraud was the costliest at $1.2 billion in losses, followed by tech support scams at $589 million and illegal impersonation calls at $700 million. The actual figures may be significantly higher since only half of reported complaints included victim age data and many seniors never report their losses due to stigma.
agrinews-pubs.com
· 2025-12-08
Data breaches and financial scams targeting seniors have reached all-time highs, with scammers exploiting seniors' perceived wealth, politeness, and limited technology skills. The article recommends protective measures including regularly monitoring credit reports through annualcreditreport.com, placing credit locks at major bureaus, taking technology safety classes, and screening unknown callers to reduce vulnerability to fraud.
abc3340.com
· 2025-12-08
Scammers are targeting Medicare seniors with free genetic testing offers that are billed to Medicare, with potential out-of-pocket costs ranging from $9,000 to $11,000 if Medicare denies coverage. Red flags include unsolicited offers at public venues, telemedicine consultations with unfamiliar doctors, and charges on Medicare statements for tests never requested. Seniors are advised to consult with their personal doctor, review their Medicare Summary Notice and Explanation of Benefits for unauthorized charges, and report suspected fraud to the NYS Senior Medicare Patrol at 800-333-4374.
thestar.com.my
· 2025-12-08
A 70-year-old woman in Muar lost RM229,050 (over RM200,000) across 30 transactions after being added to a Facebook group in January where she was recruited into a fake investment scheme promising high returns via a fraudulent app. She discovered the scam on March 25 when asked to deposit additional funds to withdraw her supposed earnings, prompting her to file a police report.
cbs6albany.com
· 2025-12-08
Scammers are targeting Medicare seniors with fraudulent genetic testing offers, claiming tests are "free" but billing Medicare for expensive tests seniors never requested, potentially costing victims $9,000-$11,000 out-of-pocket when Medicare denies payment. Red flags include unsolicited telemedicine consultations with unfamiliar doctors, requests for Medicare numbers at public venues, and unexpected charges on Medicare statements for genetic or pharmacogenetics tests. Seniors are advised to consult only with their personal doctor, review their Medicare Summary Notice and Explanation of Benefits for unauthorized charges, and report suspected fraud to the NYS Senior Medicare Patrol at 800-333-4374.
foxnews.com
· 2025-12-08
Seniors face disproportionate risk from digital scams and fraud, with older adults five times more likely to lose money in scams than younger people, particularly from AI deepfakes and phishing schemes. Experts recommend that seniors verify website authenticity, avoid clicking links from unknown sources, build relationships with trusted tech-savvy contacts for guidance, and apply common sense and critical thinking to online activities to navigate digital threats safely.
agrinews-pubs.com
· 2025-12-08
Data breaches and financial scams targeting seniors have reached all-time highs, with scammers exploiting seniors' perceived wealth, politeness, and limited technology skills. The article recommends protective measures including regularly monitoring credit reports through annualcreditreport.com, placing credit locks with the three major bureaus, taking technology safety classes, and refusing to engage with unknown callers.
timesofindia.indiatimes.com
· 2025-12-08
Financial scams in Maharashtra have surged dramatically, with share investment fraud losses multiplying from Rs 62.2 crore in 2023 to Rs 1,047.3 crore in 2024, affecting victims across age groups through stock market schemes, cryptocurrency scams, employment fraud, and gift parcel scams. Experts identify inadequate research, over-reliance on social media, and the desire for quick gains as primary vulnerabilities, with senior citizens comprising 60% of victims who lose life savings. Key prevention measures include verifying investments through registered brokers, avoiding unverified social media offers, and conducting proper market research before committing funds.
fallriverreporter.com
· 2025-12-08
A 76-year-old Massachusetts resident lost $30,000 after scammers convinced him his bank account was at risk due to a virus and instructed him to withdraw cash and deposit it into a Bitcoin machine at a gas station, claiming it was an "FDIC machine." When the scammers later asked him to convert additional stock funds and arrange for someone to pick up cash from his home, he became suspicious and contacted his bank before losing additional money. Hingham Police warn that scammers use extended phone calls, fear tactics about compromised accounts, and instructions to avoid telling bank staff to manipulate victims into transferring funds.
globenewswire.com
· 2025-12-08
A 2025 Nasdaq Verafin analysis of European financial crime found that an estimated $750 billion in illicit funds flowed through Europe's financial system in 2023, with approximately $194.9 billion (over a quarter of total money laundering) moved across borders. The report identified fraud, elder abuse, human trafficking, and drug trafficking as major drivers of financial crime, resulting in an estimated $103.6 billion in fraud losses across the region, and emphasized the need for cross-border collaboration and advanced technology to combat these crimes.
patch.com
· 2025-12-08
Regina Henaku, 33, of Leominster, Massachusetts, was indicted on multiple counts after posing as a professional caregiver at health care facilities and assisted living centers in Worcester and Middlesex Counties, where she stole bank cards from at least 16 elderly victims over age 60 between August and November 2024. She used the stolen cards to steal approximately $28,000 from 11 victims and attempted to steal from others, while also using forged identities of a relative and former coworker to gain employment at multiple facilities. Henaku was charged with nine counts of larceny over $250 from an elderly or disabled person, credit card fraud, identity frau
hopkintonindependent.com
· 2025-12-08
Regina Henaku, 33, of Leominster was indicted on nine counts including larceny and identity fraud for allegedly stealing approximately $28,000 from at least 16 elderly victims over 60 years old between August and November 2024. Henaku posed as a professional caregiver at multiple health care facilities and assisted living homes across Worcester and Middlesex counties, fraudulently using stolen credentials to gain employment and then stealing the bank cards of victims. She worked at five different facilities including Fairview Estates in Hopkinton, and was also charged with obstructing justice by misleading police about her identity during the investigation.
newsbreak.com
· 2025-12-08
Hector Claveria, 51, of New York was sentenced to two years in federal prison for money laundering in March 2025 after wiring $20,000 overseas to conceal proceeds from fraudulent schemes targeting elderly and vulnerable victims. The laundered funds were connected to an elder fraud scheme where perpetrators deceived seniors into sending cash by falsely claiming they owed money to government agencies, as well as a computer fraud scheme involving fake tech service debt. Claveria, who acted as a money mule, was also ordered to forfeit $20,000 and complete three years of supervised release.
americanbanker.com
· 2025-12-08
A survey of 158 U.S. banks by the American Bankers Association found that only half of banks operating under state hold laws actually use them to prevent elder financial exploitation, though 86% of banks without such laws said they would find them beneficial. While the vast majority of banks (94%) report suspected elder financial abuse to adult protective services and law enforcement, banks face compliance challenges and negative customer reactions when placing transaction holds, though such holds have prevented significant losses in some cases.
finance.yahoo.com
· 2025-12-08
A 79-year-old retired teacher lost approximately $400,000 to a Facebook romance/investment scam after befriending a man named "Robert" who promised 100x returns on investments in exchange for gift card payments to retailers like Apple, Target, and eBay. The scam drained her 401(k) and created significant credit card debt, and she continued sending money to the scammer even after her son discovered the fraud. The article advises protecting elderly relatives by verifying recipient information before sending money, strengthening privacy settings, avoiding suspicious links, reporting scams to the FTC, and using the National Elder Fraud Hotline (1-833-372-8311
bankingjournal.aba.com
· 2025-12-08
A survey by the American Bankers Association Foundation found that 54.5% of bankers in states with bank transaction hold laws have used them to prevent elder financial exploitation, with about 23.8% delaying suspicious transactions multiple times monthly. Nearly 90% of banks in states without hold laws indicated such protections would be beneficial, and over half of respondents using hold laws believe longer hold periods would help them better investigate and prevent fraud cases.
justice.gov
· 2025-12-08
Four individuals were indicted on federal charges of conspiracy to commit mail fraud, wire fraud, and money laundering as part of a sweepstakes scam that defrauded elderly and vulnerable victims of over $4.5 million across Pennsylvania and the United States. The defendants and their co-conspirators contacted victims claiming they had won multi-million-dollar prizes and used forged documents to convince them to send money in taxes and fees, which was then laundered through bank accounts and money mules to conspirators in Jamaica. All four defendants were arrested between March 14-27, 2025, and face sentences of up to 20 years in prison.
bloody-disgusting.com
· 2025-12-08
This is a film review for "The G," a drama about an elderly couple, Ann and Chip, who are abducted by scammers posing as authorities with a fake court order and taken to a fraudulent elder care facility. When the scammers discover the couple has less money than expected, they beat Chip to death, leaving Ann stranded and stripped of her home and possessions. The film depicts the brutal reality of elder fraud schemes and follows Ann's journey as she navigates life in the facility and seeks her own form of justice.
cknxnewstoday.ca
· 2025-12-08
Wellington County OPP warned residents of scams targeting seniors, including a March 6 incident where a caller falsely claimed to represent an energy company and requested a home visit for a "seniors' energy rebate," and a March 21 case where two suspects posing as water company representatives gained home entry under false pretenses, resulting in stolen prescription medication. Police are seeking additional victims and recommend residents verify caller identification, refuse to share personal information, and contact authorities if suspicious visitors refuse to leave.
theranch100.com
· 2025-12-08
Wellington County OPP warned the public about scams targeting seniors after a March 6th incident in Minto where a caller impersonated an energy company representative and offered a fake seniors energy rebate in an attempt to gain home access. The senior avoided victimization by verifying the offer with their utility company before allowing entry. Police advise that unsolicited offers that sound too good to be true are likely fraudulent.
staysafeonline.org
· 2025-12-08
This educational article explains how AI-powered scams using voice cloning and deepfake technology work, where criminals replicate the voices and likenesses of trusted contacts to request urgent financial help or sensitive information. The article advises families, coworkers, and organizations to establish pre-agreed safe words or phrases—shared only among trusted parties—as a verification method to confirm identity during unexpected calls or messages and prevent falling victim to these AI-enhanced fraud schemes. Key recommendations include making safe words unique and difficult to guess, keeping them private through secure channels, and using different safe words for different groups or contexts.
businessday.ng
· 2025-12-08
Three Nigerian nationals based in the United States pleaded guilty to money laundering conspiracy involving $4.5 million in proceeds from romance scams and business email compromise schemes that defrauded approximately 125 victims between 2020 and 2023. Olumide Olorunfunmi, Samson Amos, and Emmanuel Unuigbe directed victims to deposit funds into accounts they controlled, then transferred the money to Nigeria while retaining a percentage as profit, with romance scams typically targeting elderly victims. Each defendant faces up to 20 years in prison, with sentencing dates yet to be scheduled.