For Sara V., a Facebook message that initially seemed friendly arrived at an especially vulnerable time. Shortly after she was widowed, someone claiming to be a well-known professional athlete began contacting her regularly. Then the person asked for money. Sara’s experience illustrates how quickly an everyday online interaction can become confusing and potentially harmful. For...Read More
The Federal Trade Commission today sent Congress its ninth annual report on protecting older consumers, and the numbers in it have moved sharply in one direction. People aged 60 and over reported losing more than $3 billion to fraud in 2025, up from about $2.4 billion in 2024 and about $600 million in 2020, according...Read More
Just when older adults need their money for retirement, many of them are being robbed. On Monday, the Federal Trade Commission issued its annual report to Congress on protecting older adults, noting that adults 60 and over continue to report losing far more money to investment scams than to any other type of fraud. Adults...Read More
SINGAPORE – A scam involving fake advertisements for senior-focused activities, water-based fitness activities and recycling initiatives is making its rounds on social media, with victims losing nearly $1 million to this ruse since April.At least 62 cases have been reported during this period, with total losses amounting to at least $989,000, the police said in...Read More
During the session, Globe mobilized employee volunteers to provide participants with hands-on guidance on identifying suspicious messages, calls and links; protecting their personal and financial information; and avoiding common scams. MANILA, Philippines — Globe and the Makati City Government have strengthened their partnership to safeguard older residents against online scams, engaging more than 600 senior citizens...Read More
Nell J., 75, knows the world is changing quickly. Whether it’s new smartphone apps or artificial intelligence (AI) tools that provide health reminders, there will always be something novel to explore. “I’m trying to get on the up and up with technology,” said the Youngtown, Arizona resident at a scams prevention workshop hosted by Banner...Read More
Elon Musk publicly admitted that a super-persuasive AI could fool even him, and security experts say retirees face the same threat right now from scammers already using cloned voices and fake identities to drain retirement savings.This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through...Read More
PHNOM PENH – Cambodia’s determination to revamp its tarnished image as a scam hub has led to multiple crackdowns on illegal compounds, but hardly any arrests of powerful and well-connected individuals identified by the US as having links to the fraudulent operations.Cambodia’s anti-scam czar, Senior Minister Chhay Sinarith, said the government was still carrying out...Read More
New Delhi: The Delhi Police has prevented potential losses of Rs 1.53 crore in “digital arrest” scams in five states by timely intervening to save victims, including senior citizens, from transferring additional money to the fraudsters, an official said on Sunday.The Proactive Victim Identification and Protection Team of the Financial Monitoring Cell (FMC), IFSO Unit,...Read More
BRIDGEPORT, W.Va (WDTV) – AARP West Virginia hosted a virtual event Tuesday to teach older adults how to be aware of potential fraud and scams and what they can do to protect themselves.U.S. Attorneys Matthew Harvey and Moore Capito joined the discussion and described the latest scams to watch for and what steps people can...Read More
