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In mid-2017, Kitboga found out that his grandmother had fallen victim to many scams designed to prey on the elderly, both online and in person. [4] He then discovered "Lenny", a loop of vague pre-recorded messages that scam baiters play during calls to convince the scammer that there is a real person on the phone without providing any useful information to the scammer.
The duo recorded drone and CCTV footage of the facility in Gurugram, Haryana, India and gathered incriminating evidence linking alleged scammer Amit Chauhan, who also operated a fraudulent travel agency called "Faremart Travels", to a series of scams targeting computer-illiterate and elderly people in the United Kingdom and United States.
Beyond that, we’ve compiled a list of five common online scams, plus the software tools that will keep your most sensitive information under wraps. Online scam No. 1: COVID-19-related fraud
Comment warning about elderly dad in deepfake scam, advising to get power of attorney. Text comment discussing the risks and frequency of celebrity deepfake scams involving an elderly dad.
Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
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. Attorney Philip R. Sellinger.
Worthless "sweepstakes" that elderly persons must pay in order to collect winnings; A 1996 study by AARP [5] found that while individuals over 50 comprised 35% of the American population, they accounted for 57% of all fraud victims (AARP, 1996). Seniors' level of vulnerability to this type of exploitation varies by the type of scam.