Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A non-profit in Newfoundland and Labrador is helping seniors navigate possible financial scams with a new focus on digital guidance and...Read More
PENNSYLVANIA — In 2004, federal data revealed that older Americans reported $12.5 billion in losses from internet scams, a 25 percent increase from the year before. Here in Pennsylvania, more than 4,000 scam-related complaints were filed, with residents losing more than $76 million to scammers in 2025 alone., state officials said. That number is likely...Read More
Global cybersecurity leader Nord Security and personal finance icon Suze Orman unveiled a comprehensive solution to protect older Americans from the growing epidemic of online scams LONDON, April 09, 2026 (GLOBE NEWSWIRE) — As fraud schemes become more sophisticated and financially devastating, NordProtect – Nord Security’s all-in-one identity and online protection service – has partnered...Read More
Reading Time: < 1 minute Elder fraud and senior scams are a billion-dollar industry. Criminals target older adults through technology, impersonating government officials, investment schemes and using scare tactics to trick seniors out for their money. The scammers are relentless, and their coordinated attacks are designed to take advantage of the most vulnerable. San Diego...Read More
GREENVILLE, S.C. (InvestigateTV) – The Federal Bureau of Investigation is warning seniors about a scam that has cost South Carolinians nearly $10 million this year. “We know there are multiple people in the Upstate that have experienced this or people who have attempted to scam them out of their hard-earned money,” FBI Public Affairs Specialist,...Read More
Similar to how scammers are using artificial intelligence (AI) to impersonate CEOs to defraud businesses, they’re also mimicking regular people to prey on their elderly loved ones. Case in point: an AI-enhanced grandparent scam that cost an 86-year-old grandmother in Philadelphia $6,000 last year. The woman received a phone call from a person she thought...Read More
According to William Mailer, Chief Behavioural Scientist at CBA, scammers are exploiting normal workplace behaviours and pressures rather than technical gaps alone, often mimicking real suppliers, colleagues or executives and using authentic‑looking email addresses – a hallmark of business email compromise scams. “Business email compromise scams are designed to feel routine and familiar; they mirror how we normally work and communicate often using familiar corporate language. By targeting...Read More
Cryptocurrency investment fraud is on the rise, according to the FBI. James Martin/CNET Online scams are lucrative for criminals, and AI is making it easier to swindle US targets, according to the FBI’s latest Internet Crime Report. Each year, the FBI publishes statistics from its Internet Crime Complaint Center, and this year’s report broke the $20 billion barrier...Read More
Photo provided Dear Savvy Senior,My adult kids keep warning me about scams, but it’s hard to know which calls and messages are dangerous. What scams are most commonly aimed at seniors right now?– Almost 80 Dear Almost,Your kids’ concerns are well founded. Financial fraud is a massive – and rapidly growing – problem for older...Read More
by Kandiss Edwards December 15, 2025 Seniors have been consistently targeted by a wide range of scams. New data from the Federal Trade Commission show that reported financial fraud losses among older Americans increased sharply in 2024, totaling billions of dollars. A wide range of scams has consistently targeted seniors, the FTC revealed in a report...Read More
