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In 2022, the total number of fraud complaints received from seniors was 88,262, according to the FBI’s Elder Fraud Report. Total losses of $3.1 billion were reported — a whopping 84% increase ...
Last summer the Social Security Administration issued a warning about a rise in artificial intelligence-generated fraud to scam seniors out of their benefits. One SSA official told U.S. House ...
Social Security fraud Per the U.S. Attorney's Office, Eastern District of Pennsylvania, E.W.’s body was discovered buried beneath six to eight feet of concrete in the basement of a Philadelphia ...
On Nov. 13, a federal judge sentenced the woman to one year and one day in prison for Social Security fraud, the attorney’s office announced in a news release.
Social engineering in used to panic recipients so a greater number will respond to the scammer. [5] The calls purport to originate from the Social Security Administration and claim that the victim's Social Security number has been or will shortly be suspended for reasons including money laundering, drug dealing and fraud linked to the SSN. [6]
Social Security scams soared in recent years due to the combination of the COVID-19 pandemic and increasingly sophisticated technologies. According to FBI data, Americans 60 and older reported $3.1...
Social Security fraud is nothing new -- it's been going on for decades -- but the tools used to commit it are ever-changing. The latest tool, artificial intelligence, might be the most powerful ...
In a recent survey conducted by GOBankingRates, those who reported Social Security fraud were mostly part of the younger generations. Millennials aged 25-44 reported the highest rate of being ...