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April 30, 2024 at 6:22 PM. Sixteen individuals have been charged in connection with a "grandparent scam" in which hundreds of elderly people were defrauded out of millions of dollars, said U.S ...
As Americans age, they are more likely to become targets for scammers seeking to steal thousands of dollars. In 2023, the Federal Bureau of Investigation Internet Crime Complaint Center received ...
The FBI's report on fraud schemes targeting the elderly found that Americans over 60 lost more than $3.4 billion to scams in 2023, with tech support and data breaches the most common.
The blessing scam, also called the ghost scam or jewelry scam, is a confidence trick typically perpetrated against elderly women of Chinese origin. The scam originated in China and Hong Kong and victims have fallen to it worldwide including in Chinatowns and overseas Chinese communities. The object of the scam is to persuade the victim to put ...
Voice phishing, or vishing, [1] is the use of telephony (often Voice over IP telephony) to conduct phishing attacks. Landline telephone services have traditionally been trustworthy; terminated in physical locations known to the telephone company, and associated with a bill-payer. Now however, vishing fraudsters often use modern Voice over IP ...
The internet can be a fun place to interact with people and gain info, however, it can also be a dangerous place if you don't know what you're doing. Many times, these scams initiate from an unsolicited email. If you do end up getting any suspicious or fraudulent emails, make sure you immediately delete the message or mark it as spam.
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 ...
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 ...
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