Don’t answer the phone and don’t open the door for anyone you don’t know. Those were the two main messages from a workshop for seniors on how to prevent scams. The event took place at the Clark W. Redeker Newark Senior Center on Wednesday, Oct. 29. It was organized by Senator Aisha Wahab’s Office and...
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Older adults lost $2.4 billion to fraud schemes in 2024, driven largely by reported individual losses of more than $100,000 to investment and romance scams, as well as impersonations, according to the Federal Trade Commission’s annual report to Congress. The FTC’s Protecting Older Consumers 2024-2025 report, released earlier this month, revealed that in 2024, older...
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JACKSONVILLE, Fla. — Florida’s Lieutenant Governor is launching a new initiative that aims to protect seniors from scams. Florida is home to more seniors than almost any other state, and senior scams are claiming more victims and more dollars every year. Americans over the age of 60 lost nearly $5 billion to scams in 2024,...
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The calls start about 7 a.m. and continue until 6 or 7 p.m. On a recent afternoon, Steven Kurutz flipped through his phone’s call log. They were coming about every 14 minutes: 10:39 a.m., 11:03, 11:06, 11:25, 11:37, 11:55, 12:06, 12:18. When Mr. Kurutz, 80, answered, a recorded message asked about his Medicare coverage. “My...
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A multi-agency investigation led by the FBI San Diego Field Office made 19 arrests Wednesday as part of an investigation into an alleged international criminal network believed to have scammed senior citizens out of more than $40 million, authorities reported. A federal indictment unsealed Wednesday by the U.S. Attorney’s Office for the Southern District of...
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CHICAGO (WLS) — Holiday scams targeting thousands of people every second. ABC7 Chicago is now streaming 24/7. Click here to watch Every year the ABC7 I-Team finds the biggest holiday scams. This holiday season criminals are finding new ways to trick you: all because of artificial intelligence. AI is making it extremely difficult to spot...
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Image Source: Pexels Scammers have gotten smarter and smarter over the years. Unfortunately, the targets of many scams are vulnerable adults. Recent data shows older Americans are losing billions each year, with reported fraud losses jumping from about $600 million in 2020 to $2.4 billion in 2024. Even more alarming, some seniors are losing tens or...
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Florida’s lieutenant governor came to Jacksonville on Tuesday to announce a new free alert system to help prevent scams against senior citizens. Operation Senior Shield will teach senior citizens to avoid telephone or internet scams that cost them thousands of dollars, sometimes their entire savings, Lt. Gov. Jay Collins said during a news conference at...
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TALLAHASSEE, Fla. (CBS12) — Florida leaders announced on Tuesday Operation Senior Shield (OSS), a statewide initiative to combat scams and financial exploitation targeting older adults. The launch comes as law enforcement reports a troubling rise in sophisticated fraud schemes that have cost Florida seniors hundreds of thousands of dollars, according to the news release. Lieutenant...
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Several years ago, Paul Griffo helped a member of his church who was scrambling to wire money. The man had received a call that his son had been arrested in a foreign country with drugs in his car and needed bail money. “He’s obviously upset … in that state of emotion,” recalls Griffo, who promptly...
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