Scams remain one of the biggest financial and emotional threats facing people over 50. The most common scams targeting older Australians in 2025 range from unauthorized bank withdrawals and fake online shopping deals to investment fraud and identity theft. According to the 2025 National Seniors Social Survey, conducted by National Seniors Australia, more than one in three...Read More
George Chryssanthou and his partner of 25 years, Electra Friedman, were hoping to move to Greece when Friedman retired after a long career as an art educator. Loading audio narration… Eighty-year-old Chryssanthou spent his teenage years in the country, while 83-year-old Friedman was born there. The plan was to use Chryssanthou’s nest egg to buy...Read More
BUNNELL, Fla. – Authorities say a 20-year-old man accused of helping carry out a scam that cost an elderly woman $120,000 has been arrested after investigators tracked him using surveillance video, bank records and cellphone data. Officials say the case may be connected to other fraud schemes involving victims in multiple states. What we know:...Read More
Older Mainers are less likely than younger people to fall victim to scams, but when they do, the financial losses are often much greater.According to the FBI, 608 Mainers age 60 and older reported losing money to scams in 2024. Together, they lost $12,980,616 — and officials say the true number is likely higher because...Read More
Savvy Senior Older adults face financial fraud risks in 2024, with $81.5 billion lost nationwide 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...Read More
Financial scams targeting older adults have grown into a major problem in recent years. WASHINGTON — A bipartisan group of U.S. senators introduced legislation Wednesday aimed at strengthening protections for older Americans targeted by financial scams, as lawmakers push to address growing losses tied to fraud. The proposal, led by Sens. Andy Kim, Susan Collins,...Read More
BEAUMONT — KFDM first told you about a disturbing story out of Jasper County where four people in Jasper County were arrested in connection with a financial exploitation case involving an elderly man. Investigators say the suspects were caretakers for the victim and are accused of stealing roughly $50,000 from him. Authorities say the case...Read More
How and why the scam works Publishers Clearing House is a household name: The sweepstakes company, based in Jericho, New York, was founded in 1953 and became famous through the years, surprising thrilled winners with life-changing cash payouts. It’s now under new ownership after filing for bankruptcy last year (causing complications for previous winners who...Read More
View in browser Widespread, devastating scams are still vastly underreported Key Takeaways Experience with social media scams is nearly universal among older adults, yet these incidents remain heavily underreported. Once older adults learn that social media platforms profit from scam ads, two-thirds hold them responsible for failing to prevent the spread of online fraud. Older...Read More
MOUNT VERNON — An elderly Knox County woman escaped becoming a victim of a scam thanks to a family member who recognized the red flags. However, many seniors are not as fortunate. “Fraud against seniors is rising every year along with internet crimes against children,” John Bartolucci of the Ohio Internet Crimes Against Children Task...Read More
