One family is speaking out after a 78-year-old retired Texas widower was scammed out of $2 million — part of a widespread scheme authorities say has targeted seniors across the state. Robert Brown was caught up in what police are calling a major “gold bar scam” that has taken $55 million from victims statewide, according...
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A woman accused of stealing the identifies of five senior victims to obtain more than $100,000 in fraudulent loans from Citibank has been arrested by the Los Angeles County District Attorney’s Office. Candice Dale Patrick, 47, was arrested Feb. 25 on suspicion of grand theft money/property. She was being held on $1 million bond. All...
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By Dan Murphy Whenever most of us go to our supermarket to buy gift cards, one of the standard questions asked is “Are you buying this gift card for someone else?” Most of us wonder why the question is asked. The reason is that a 10-year-old scam targeting seniors is alive and well, and here...
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TERRE HAUTE, Ind. (WTWO/WAWV) — Senior fraud is a growing problem in the Wabash Valley. Savvy scammers are swindling seniors, sometimes out of their life savings. In 2024, the Federal Bureau of Investigation reported that more than $16 billion was lost to scams, with the majority of victims being seniors. However, there is some good...
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Online banking and digital payments have made life easier, but they have also increased the risk of cyber fraud and financial scams, especially targeting senior citizens. To address this growing concern, the Reserve Bank of india (RBI) is planning stronger safety measures to protect users from online fraud. Why RBI Is Strengthening Fraud Controls Digital...
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KALISPELL — My Glacier Village is hosting its fifth annual fraud summit on Saturday at Flathead Valley Community College, and this year’s free event is open to the entire community. The summit will cover current scams, warning signs, scammer tactics, and what to do if someone is targeted. Common evolving scams include relationship scams, banking...
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Six arrested in $3M ‘gold bar’ scam A Friendswood woman was one of six elder Texans scammed by people who allegedly told them to buy gold to “protect” their assets. FOX 26’s Sherman Desselle explains the scheme and spoke to a local coin store salesman for more insight. HOUSTON – Six people have been arrested...
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A new AARP report has found that an estimated 38 percent of American adults (about 103 million people) have had money stolen due to fraud or sensitive information obtained and used fraudulently. The numbers are even higher among adults age 50 and older, with 41 percent saying they’ve been victims, compared with 35 percent of...
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David Broadway, previously convicted of fraud in Indiana, faces new Ohio charges including engaging in a pattern of corrupt activity. TOLEDO, Ohio — A man previously reported by 11 Investigates for allegedly scamming older adults across multiple states has pleaded not guilty to new felony charges in Ohio. According to court records, David Broadway entered...
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April 9 : India’s central bank is planning to introduce delays in high-value digital transactions and extra checks for payments made by senior citizens as part of broader measures to curb a surge in online fraud, a discussion paper released on Thursday showed. The suggestions come as digital payment fraud has risen sharply in India,...
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