SCAMS: Gift Card Scams! Card Declined Scams! It was the day before Thanksgiving when Mae turned on her Mac laptop. The screen froze, and a message popped up saying there was a problem with her Safari web browser. The message directed her to click on a link that would connect her with the Apple Computer … Continue reading “SCAMS: Gift Card Scams! Card Declined Scams!”
Category: Fraud / Scams
SCAMS: Elder Fraud Has Reached Epidemic Proportions
SCAMS: Elder Fraud Has Reached Epidemic Proportions Naum Lantsman runs a business selling equipment and supplies to restaurants in the Los Angeles area. But when COVID-19 hit, and restaurants closed down, he lost a lot of clients. One day, Lantsman saw a post about Spirebit, a so-called “international financial broker” based in London that helps … Continue reading “SCAMS: Elder Fraud Has Reached Epidemic Proportions”
Latest Scam: Zombie Mortgages Come Back To Life And Homes Are Foreclosed On
Latest Scam: Zombie Mortgages Come Back To Life And Homes Are Foreclosed On In 2005, Karen McDonough saw a charming two-bedroom home in Quincy, Massachusetts, that she wanted to buy. But she didn’t have a big down payment for the yellow, cottage-size house. However, a mortgage company made it possible for her to purchase the … Continue reading “Latest Scam: Zombie Mortgages Come Back To Life And Homes Are Foreclosed On”
Scams on the Rise. What Is “Pig Butchering?”
Scams on the Rise. What Is “Pig Butchering?” Barry May, a divorced and retired insurance adjuster in Mississippi, said he started chatting with an Asian woman, named Anna, whom he met on Facebook. Anna told May that she lived in New York City on Fifth Avenue. In an interview with NBC News, May said Anna … Continue reading “Scams on the Rise. What Is “Pig Butchering?””
Bank Scams! The Latest Fraud Scams Targeting Seniors To Be Aware Of!
Bank Scams! The Latest Fraud Scams Targeting Seniors To Be Aware Of! As digital and electronic banking continues to grow, con artists are taking advantage of this growth to commit more banking scams. Fraudsters can now send fake emails and text messages that look as if they came directly from your bank. The thieves are … Continue reading “Bank Scams! The Latest Fraud Scams Targeting Seniors To Be Aware Of!”
Social Security, AI and other Scams
Social Security, AI and Other Scams One day in April, Dr. Rudolph Cumberbatch received a phone call from an unknown number but recognized the voice on the other end as his 19-year-old grandson, Eddie. Eddie said he was in Ohio and had been in a serious accident. Although he wasn’t injured, Eddie said his car … Continue reading “Social Security, AI and other Scams”
Text Message Scams
Text Message Scams Telephone and email were once the communication methods of choice by scammers attempting to perpetrate fraud. Now, according to an analysis released by the federal agency in June, bogus bank fraud warnings were the most common form of text message scams reported to the Federal Trade Commission (FCT). But now, scams have … Continue reading “Text Message Scams”
Latest Scams On The Elderly: Be Wary!
Latest Scams On The Elderly: Be Wary! Security experts and advocates for seniors are warning of the dangers of scams targeting older adults. Seniors are at a higher risk of falling victim to scams because fraudsters believe older adults have more savings and better credit than younger people, and less likely to report a crime. … Continue reading “Latest Scams On The Elderly: Be Wary!”
Latest Scams On The Elderly: Be Wary!
Latest Scams On The Elderly: Be Wary! The National Elder Fraud Hotline was created by the U.S. Department of Justice (DOJ) for people to report fraud against anyone age 60 or older. Now, scammers are using this free government resource to perpetrate fraud against seniors. Hotline staffers say they have received reports that scammers are … Continue reading “Latest Scams On The Elderly: Be Wary!”
Latest Scams And How To Beat Them
Latest Scams And How To Beat Them Older adults are frequently targeted by scammers who trick them into giving out their personal information or sending money. Telephone scams are the most common scams aimed at seniors, as fraudsters know that older adults are generally more willing to speak on the phone than younger adults. Although … Continue reading “Latest Scams And How To Beat Them”