Financial fraud is a problem that affects millions of Canadians every year, with older Canadians increasingly becoming the target of potential fraudsters. In 2024, the Canadian Anti-Fraud Centre (CAFC) received 108,878 fraud reports totaling $638 million in losses.
Many of the most common scams law enforcement officials are seeing today – including the so-called...Read More
Financial scams targeting seniors in San Diego County are becoming more sophisticated and more costly. In just the first half of 2025, 747 older adults in San Diego County have fallen victim to scams, losing nearly $70 million. The county started keeping track of the amount of money seniors were losing to scams in 2022...Read More
September 18, 2025 — Press Release NCLC Senior Attorney Provides Testimony to U.S. House Subcommittee on Payment Fraud, Prevention WASHINGTON – Today, Carla Sanchez-Adams, senior attorney at the National Consumer Law Center (NCLC), provided testimony to the Oversight and Investigations Subcommittee of the U.S. House Financial Services Committee during a hearing titled, “Fraud in Focus:...Read More
Scams targeting the elderly in San Diego County resulted in losses of more than $130 million over the course of a single year, San Diego County’s multi-agency Elder Justice Task Force announced Tuesday. Officials released the statistics Tuesday as part of an ongoing outreach campaign regarding increasingly sophisticated internet and phone scams that are leading...Read More
LEXINGTON, Ky. (LEX 18) — Kentuckians lost $72 million to scams last year, according to federal data, with the majority of reported victims over 60 years old. That’s why Chase partnered with the Lexington Senior Center for an educational seminar to help protect vulnerable community members from fraud. Susan Higdon, a senior who attended the...Read More
Plano, Texas — In many ways, Tejasvi Manoj of Plano, Texas, is an average 17-year-old. “You’ve got to balance, like, all of your classes, and then you have college applications as well,” Manoj told CBS News. But she’s spending much of her senior year of high school with a different type of senior, visiting older...Read More
Reports to the FTC show a growing wave of scams aimed squarely at retirees’ life savings. These scammers pretend to be from known and trusted government agencies and businesses. And, in an ironic twist, recent scams use fake security alerts and other false alarms to prey on older adults’ vigilance about protecting their money and...Read More
10’000 Hours | Digitalvision | Getty Images Criminals are increasingly pilfering the retirement and other financial accounts of older Americans via so-called “imposter” scams, the Federal Trade Commission reported Thursday. The frauds tend to go like this: Scammers conjure a fake crisis and pose as trustworthy sources — perhaps a representative for a bank or...Read More
School for the Digital Future Lecturer Margaret Sass has released a free online course and companion book to help seniors recognize and avoid scams that use artificial intelligence. The course is available through BroncoLearn with the support of Jackie Throngard. The Course, AI Scam Protection for Seniors, offers practical tips to stay safe online without...Read More
After Tejasvi Manoj, 17, learned that an online scammer had almost stolen $2,000 from her 85-year-old grandfather last year, the Texas high school student decided she wanted to do something to help other older adults navigate the internet safely. So she developed an app that helps users detect scams. Now Manoj is a bit of...Read More