BATON ROUGE, La. (WAFB) – A recently passed Louisiana law is making it harder for cryptocurrency scammers to steal money from seniors after at least four elderly victims were targeted in elaborate schemes. The scammers told seniors in Louisiana and Texas their bank accounts were hacked, and there were child pornography charges on the accounts,...Read More
Every week, 700 million people use ChatGPT as a virtual companion, a search engine, or a guide for the perfect recipe. In the United States alone, nearly 8 in 10 older adults [PDF] have used artificial intelligence (AI) in some capacity. Increasingly, for frail and depressed elders, AI chatbots and applications offer caregiving support, combat...Read More
Artificial intelligence is rapidly changing how scams target older adults, making fraud harder to detect and increasing the risk for seniors and their families, according to experts who work with scam victims. News 9 spoke to Becky Seda with the Senior Living Truth Series to learn how to protect seniors from scams involving A.I. Do...Read More
BRIDGEPORT, W.Va (WDTV) -Attorney General JB McCuskey’s Mobile Office made a stop at the Taylor County Senior Citizens, Inc. in Grafton. Brooke Albright, a consumer representative from the attorney general’s office, had the opportunity to meet with residents and community members about consumer-related issues including scams. “The goal of these events is to educate in...Read More
Fraud is constantly evolving, and staying informed is one of the most powerful ways to stay protected. My Glacier Village invites the community to attend the fifth annual Senior Fraud Summit on Saturday, April 11 from 10 to 11:30 a.m. in the Flathead Valley Community College Arts & Technology Building. This free educational...Read More
Charles Gillen — a man who posed as a bail bondsman collecting money on behalf of an organized crime syndicate scamming senior citizens — will avoid further prison time after being sentenced in St. John’s on Monday. Chief Justice Raymond Whalen said it was more important for Gillen to be able to work to pay...Read More
Outside Tilak Jewelers in Irving Thursday afternoon was a swarm of local and state investigators. Inside, police were seen combing through display cases, collecting evidence in what the Collin County Sheriff’s Office calls an alleged large-scale fraud and money laundering scheme targeting elderly victims across Texas. This store and Saima Jewelers in Frisco are where...Read More
Seeing our loved ones age is not always easy, and now there is the added threat of ever-increasing financial scams that they may fall victim to. While fraudsters can and do target people of any age, seniors tend to be particularly vulnerable due to a combination of factors including less tech familiarity, greater amassment of...Read More
Understanding the gold scam warning signs can be the difference between protecting your nest egg and losing your savings. Dilok Klaisataporn/Getty Images Millions of retirees are struggling right now as they watch their purchasing power erode amid a slew of issues, including persistent inflation, market volatility and general economic uncertainty. And, in this kind of...Read More
WILMINGTON, N.C. (WECT) – As Valentine’s Day approaches, investigators are warning about romance scams that target older people through online relationships designed to steal money. Lieutenant Jerry Brewer with the New Hanover County Sheriff’s Office said these scams don’t happen overnight. A romance scam takes months, if not years, to play out, he said. “They...Read More
