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“Mentoring older adults about online scams is crucial in today’s digital age to protect them from falling victim to malicious schemes,” said Wayne County Job and Family Services Director ...
This summer, Daniel Goldstein’s 86-year-old mom got an email that looked like it was from her bank. Instead, she lost $600 to a scammer. While everyone wants to protect their parents and ...
April 30, 2024 at 11:06 AM. WASHINGTON (AP) — Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released Tuesday that shows a rise in losses ...
Many popular fake news websites like ABCnews.com.co attempted to impersonate a legitimate U.S. news publication, relying on readers not actually checking the address they typed or clicked on. They exploited common misspellings, slight misphrasings and abuse of top-level domains such as .com.co as opposed to .com.
A romance scam is a confidence trick involving feigning romantic intentions towards a victim, gaining the victim's affection, and then using that goodwill to get the victim to send money to the scammer under false pretenses or to commit fraud against the victim. Fraudulent acts may involve access to the victim's money, bank accounts, credit ...
Elder financial abuse is a type of elder abuse in which misappropriation of financial resources or abusive use of financial control, in the context of a relationship where there is an expectation of trust, causes harm to an older person. The Older Americans Act of 2006 defines elder financial abuse, or financial exploitation, as “the ...
Some 90% of U.S. adults believe they’re able to spot financial scams–but more than a quarter (27%) report having fallen victim. Today's scammers are nimble and aided by sophisticated tools.
The National Council on Aging recently reported that 92,731 older adults were victims of fraud and scams in 2021, leading to $1.7 billion in total losses. These scams may be especially prevalent...