KUALA LUMPUR – Malaysia’s Communications Ministry is studying the feasibility of requiring messaging platform WhatsApp to verify the identities and telephone numbers linked to each account to curb online scams.Its minister Fahmi Fadzil said the proposal was being studied following an increase in cases involving the misuse of the application by scammers and that this...Read More
A Chinese national who scammed $27 million from 2,000 elderly Americans and was famously caught red-handed in a viral YouTube video has been sentenced to more than six years in prison. Los Angeles-based Jiandong Chen, nicknamed “Little Tiger,” had pleaded guilty in April to taking part in the money-laundering scheme with several accomplices. Sign up...Read More
By Congressman Michael Guest (MS-03) I wanted to take a moment to share a few things to help you stay secure and aware of scams. Scams can come from a variety of places, including your email, text messages, social media posts, and direct messages in social media. Please remember that the Social Security Administration (SSA)...Read More
ESCAMBIA COUNTY, Fla. — Florida property appraisers are warning homeowners — especially seniors — about scammers using recent changes to property tax exemptions to steal personal information.Amendment 3 was passed by voters less than two weeks ago, and scammers are already posing as property appraisers and contacting homeowners to ask for personal information to “secure”...Read More
Pune: A 71-year-old man allegedly lost Rs 22 lakh after falling victim to a sophisticated cyber fraud in which an unidentified individual impersonated a Central Bureau of Investigation (CBI) officer and threatened him with a fake ‘digital arrest’. The incident reportedly took place between October 5 and 15. According to the complaint, the accused initially...Read More
Seniors Against Scams, an education curriculum that highlights popular scams targeting vulnerable older adults and offers next steps for those who experience financial fraud, is now available for you to hold at your senior center. Four nationally accredited senior centers piloted the National Council on Aging (NCOA)-designed program. This program is part of a national...Read More
In March 2020, the U.S. Department of Justice launched National Elder Fraud Hotline to help combat fraud against older Americans and provide services to victims. Since the Hotline opened, they have received over 121,000 calls, averaging 83 calls a day.The hotline, managed by OVC, is staffed by caring professionals who will treat you with dignity...Read More
Many people think scams mostly affect older adults. But reports to the FTC’s Consumer Sentinel tell a different story: anyone can be scammed. In fact, reports suggest that many scams are harming younger people more than older adults. While there’s more to the story, the broad theme is that scams affect every age group, but...Read More
Pune: A 71-year-old man has allegedly lost Rs 22 lakh after falling prey to a cyber fraud in which an impostor posing as a Central Bureau of Investigation (CBI) officer threatened him with arrest over a fabricated criminal investigation. The incident reportedly occurred between October 5 and 15, with the victim approaching the police on...Read More
Financial fraud targeting older adults has long been a problem, leading to billions of dollars of losses each year. Increased isolation, loneliness, and the uncertainty of the last few years has further aggravated the issue. In 2021, the Client Risk Prevention team at RBC Wealth Management–U.S. saw a 40 percent increase in reports of scams...Read More
