NEW ORLEANS (WVUE) – Chase Bank led an educational session in Gentilly where seniors learned how to spot fraud and protect their money before holiday shopping.Diana Holmes, Chase Bank vice president and community manager, led the session.“Our senior population is the most vulnerable,” Holmes said.New Orleans resident Nita Jefferson said the session will help her...Read More
The cost of consumer fraud targeting older adults could have been as high as $119.5 billion in 2025, the FTC said in an annual report to Congress. The report also outlines the FTC’s outreach efforts to combat fraud against older adults. The Justice Department released a similar annual report. The FTC report summarizes 2025 findings...Read More
Arizona: An Indian national has been sentenced to eight years in prison for laundering money linked to a nationwide fraud operation targeting elderly Americans. He has also been ordered to pay approximately USD 2.4 million in restitution to victims. Ahmed Maqbul Syed, 60, an Indian citizen and former Illinois resident, received a 96-month sentence from...Read More
Screengrab from a video posted by Grace Gelig Asaja on Facebook (grace.gelig.asajar via Facebook)A video of an elderly woman nearly falling for an alleged e-wallet scam sparked a reminder for Filipinos to help protect their older loved ones from financial fraud.An X (formerly Twitter) user on Wednesday, October 28, reshared a Facebook clip that captured...Read More
Police have arrested six men, including a 14-year-old boy, over phone scams that cost three elderly women living alone HK$270,000 in cash and gold. The scams came to police attention last month during a separate criminal case investigation, when officers arrested a 14-year-old boy suspected of acting as a runner for the scammers. The investigators said the...Read More
SINGAPORE – A new app has been launched to help users spot potential scams by analysing and flagging suspicious conversations, including those involving numbers that have not previously been reported.Called AntiScam Pango, the app uses artificial intelligence to analyse all messages to flag suspicious conversations as they unfold.Developed by the Government Technology Agency (GovTech) and...Read More
Follow us on Google News A 70-year-old Pune resident lost ₹2.1 crore after an investment scam was followed by threats of arrest in a criminal case. How Did the Investment Fraud Begin? A 70-year-old resident of Mundhwa in Pune allegedly lost ₹2.1 crore after fraudsters first attracted him with promises of substantial investment returns and...Read More
Pune: A 70-year-old man from Pune has allegedly lost Rs 2.1 crore in two separate cyber frauds after scammers misused the names of prominent personalities to lure him into a fake investment scheme and later threatened him with arrest in a fabricated money laundering case. According to the FIR registered at Pune City Cyber Police...Read More
Another Phone Scam Making The Rounds in Orange County, New YorkThe Orange County Sheriff’s Office is currently investigation an on-going scam in the region.According to a social media post, their Investigation Bureau is “warning residents about a phone scam in which callers impersonate law enforcement officers.”In those calls the scammers attempt to created fear and...Read More
Tim McDearmon from the Center for Cyber Safety and Education at Schreiner University presented the program “Safe and Secure Online for Seniors” at last Wednesday’s meeting of the Kerrville Rotary Club.The U.S. Census Bureau’s most recent estimate shows individuals aged 65 and older make up 18.9 percent of the U.S. population, which equals roughly 64.6...Read More
