Financial crime against older Americans is a growing problem. People living with dementia are at an especially high risk of becoming victims of fraud and financial abuse. As their memory and other thinking skills decline, people with dementia may struggle to make financial decisions. They may not remember or report the abuse – or understand […]
Becoming a victim of fraud is extremely distressful for those affected, regardless of how it occurs. There are some unique situations where a member may feel too scared or ashamed to report that they were victimized. Extortion is a crime that occurs when someone threatens to harm or damage someone’s reputation or property unless […]
Artificial Intelligence (AI) technology continues to evolve, enhance and become more powerful. While AI can be very beneficial, it can be just as harmful. In fact, AI has now become a powerful tool for generating phishing emails- specifically AI chatbot tools such as ChatGPT.* Scammers have been taking advantage of this tool because it makes […]
Artificial intelligence (AI) refers to a number of different technologies that enable computers to sense, understand, act, and learn with human-like levels of intelligence. Due to AI technology, computers are able to perform a variety of advanced functions. Scammers are aware of the hype around AI and are using this hype to their advantage to […]
According to the FTC, in 2022, imposter scams were the second leading form of scams, resulting in over $11 million in losses.* Now, Artificial Intelligence (known as AI) is another tactic of imposter phone call scams. With the advancements in AI, a scammer can now use AI to clone the voice of your loved one […]
Facebook Marketplace is an easy, common and convenient way to sell items. However, unfortunately, it is also a common way scammers are using social media to take your money. Recently, scammers have been using P2P Platforms, such as Zelle® to trick buyers into upgrading to a “business account” and sending more money than the item […]
