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Protecting Our Seniors: Recognizing and Avoiding Medicare Scams in 2024
As the population of older adults continues to grow, so does the prevalence of scams targeting this vulnerable demographic. Medicare fraud is a particularly concerning issue, as it exploits the trust and reliance of seniors on this essential healthcare program. In 2023, Medicare beneficiaries lost an estimated $2.2 billion to fraud, and experts predict this…
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Grandparent Scams in 2024: Navigating the Evolving Tactics of Fraudsters
Grandparent scams, a type of social engineering scheme that preys on the love and concern of grandparents for their grandchildren, have been around for years. However, as technology advances and fraudsters become more sophisticated, these scams are becoming increasingly prevalent and complex. In 2024, it is crucial for grandparents and their families to be aware…
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Elderly and Vulnerable Targets: Protecting a Vulnerable Population
As societies across the globe age, the issue of elder abuse and exploitation has become increasingly prevalent. This growing concern stems from the unique vulnerabilities that elderly individuals face, making them more susceptible to harm. Recognizing these vulnerabilities and taking proactive measures to protect them is crucial in safeguarding the well-being of this vulnerable population.…
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Elder Fraud: Protecting Older Americans from Financial Exploitation
U.S. Attorney John H. Horn Delivers Testimony Before the U.S. Senate Judiciary Committee on “Protecting Older Americans from Financial Exploitation” Introduction Chairman Grassley, Ranking Member Blumenthal, and distinguished members of the Committee, thank you for the opportunity to discuss the Department of Justice’s efforts aimed at combatting elder financial exploitation. Protecting our nation’s seniors from…
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Financial Fraud: Jeffrey Robert Bonner Plead Guilty of Conspiracy to Commit Wire Fraud and Mail Fraud
Owner of Costa Rican Call Center and Two Others Plead Guilty to Defrauding Elderly through Offshore Sweepstakes Scheme Two U.S. citizens and a Canadian citizen have pleaded guilty for their roles in a $9 million “sweepstakes fraud” scheme to defraud hundreds of U.S. residents, many of them elderly, announced Assistant Attorney General Leslie R. Caldwell…
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Elder Fraud: Prevention Methods
We аll wаnt tо protect оur loved оnеѕ frоm danger, but it’s impossible tо bе wіth thеm еvеrу moment оf thе day. And unfortunate аѕ іt is, scam artists ѕее уоur aging Mom оr Dad аѕ аn easy target, knowing full wеll thаt elderly individuals аrе mоrе lіkеlу tо fall fоr thеіr scams. Elder…