By Jack SchwedAn 85-year-old Wayland resident was home on March 18 when a laptop notification alerted her of a security breach and provided her a number to call for technical support. However, rather than being connected with a legitimate representative, the person on the other line was a scammer who told her to wire $63,200...Read More
Half of UK businesses have been targeted by fraudsters impersonating senior leaders in the past year, as the increasing visibility of senior executives online is making them more vulnerable. According to new research from global insurance broking and risk management firm Gallagher, senior leaders’ roles, movements and personal details are giving fraudsters the information they...Read More
Got story updates? Submit your updates here. › A harsh, gritty close-up of the financial aftermath of a romance scam, exposing the human cost of these predatory schemes.Bradenton Today The Bradenton Police Department announced that Benjamin Yakah, a Minnesota man, has been convicted of grand theft for scamming a 79-year-old Bradenton widower out of $31,000...Read More
Authorities in Florida and Massachusetts have successfully recovered $5.4 million in cryptocurrency from scammers. James Uthmeier, Florida Attorney General, said his office called the successful recovery a historic and monumental operation against crypto scams. The fraud cases involved a romance-turned crypto investment scam affecting victims in Florida and Massachusetts. According to the attorney general’s office,...Read More
Got story updates? Submit your updates here. › Scams targeting the elderly expose the need for greater protections and awareness around home repair fraud.El Paso Today Two El Paso men were arrested and charged with deceptive business practices in separate cases after investigators said they were targeting elderly victims involving home and vehicle repairs. In...Read More
BEMIDJI — Minnesota Aging Pathways will host a presentation on fraud prevention and scams from 1 to 2 p.m. on Wednesday, March 25, at the Bemidji Senior Center, 216 Third St. NW. The presentation will include information on fraud prevention, as well as how to detect and report fraud and scams. “Fraud and scams are...Read More
A presentation geared to help seniors learn how to prevent home improvement and construction scams will be held at the Pasadena Senior Center on Thursday, Dec. 4 at 10 a.m. Attendees may register to attend both in-person or via Zoom. The “Senior Scam Stopper’ seminar, presented by the Contractors State Licensing Board (CSLB) and the...Read More
Got story updates? Submit your updates here. › As tax season heightens the risk of financial scams targeting seniors, experts advise caution when receiving unsolicited calls about money matters.Midland Today With tax season in full swing, experts are warning seniors to be on the lookout for scammers trying to take advantage of them. Scammers often...Read More
Seniors’ financial literacy is more important now than ever before as scams against older Americans become ever more sophisticated, experts testified Wednesday at a hearing before the Senate Special Committee on Aging. “In 2024, fraud and scam cost older Americans nearly $5 billion. These criminals are not amateurs,” Committee Chairman Sen.Rick Scott (R-FL) said. “They...Read More
