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New data highlights surge in scams while firms urged to strengthen internal defenses
Fraud losses have surged nearly 430% since 2020 — and some victims are losing six figures or more from their retirement savings.
Illegal personal finance influencers are increasingly resorting to sophisticated online impersonation tactics to swindle retirement-age investors, according to the Financial Superv...
Investment scams targeting Hong Kong’s elderly rose by 17 per cent in the first quarter of 2026 against a year ago, despite an overall decline in the number of cases, with police w...
Every year, Americans lose billions of dollars to fraud, and a growing chunk of that comes from scammers pretending to be government officials. These criminals...
From deepfakes to phishing, these social engineering scams are becoming more convincing—and more expensive.
FINRA and consumer advocates are raising alarms about online scams that are driving fraud losses into the hundreds of billions of dollars.
Adults age 60 and older reported a record $7.7 billion stolen in internet and financial crimes nationwide. That’s billion with a B. Oftentimes, these scams...
KUALA LUMPUR, April 18 — Investment scams caused losses of RM1.47 billion last year, involving 9,603 cases, with t...
There has been a noticeable uptick in sophisticated scam arrangements targeting corporates in the energy, infrastructure and broader commercial sectors, particularly in relation to...
Lawsuit claims financial institutions failed to detect red flags in Christopher Delgado's $328 million Goliath Ventures fraud scheme that ran for three years.
Fraud rises 31% in Canada, says Equifax
One victim lost $40,000 after a caller spoofed her real Chase bank number and knew her account balance to the penny — the FBI says these schemes are spreading.
A simple phone call led to Jane Dean and Judith Boivin losing tens and hundreds of thousands of dollars, respectively. Draining their retirement funds and shriveling up their sa...
Scammers cost more than 12,000 people at least $100,000 each.
Tarrant County District Attorney Phil Sorrells is warning older adults about an international scam that authorities say has stolen tens of millions of dollars from seniors. “Tod...
Phone scammers are emptying retirement accounts with one fake Medicare call. Here's how to spot the trap before it costs you.
Technology has made it harder for senior citizens to spot financial scams, falling victim to them.
Scammers are becoming more aggressive, more convincing, and far more technologically sophisticated, and retirees are increasingly in their crosshairs. Older Americans often have ac...
An impostor allegedly stole $751,430 from a Colgate-Palmolive employee's 401(k) by calling the recordkeeper and changing the account contact information.
Falling for a scam can come with significant financial loss. Clicking on the wrong link or trusting the wrong caller can expose your personal information — and drain your bank acco...
From wire fraud to fake listings, the threats are evolving — and so should your defenses
From AI-cloned voices to fake IRS threats, modern phone scams are exploiting fear and technology with alarming success. Shortly after I had just taken my first bite of dinner, my a...
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