Elder Fraud – FraudsWatch

Fraud News From World

Apr 29, 2025

The Phantom Fortune: Unmasking Inheritance Scams and Protecting America’s Seniors from Financial Predators

<p>A letter arrives, perhaps bearing an official-looking crest, promising millions&period; It speaks of a distant relative, previously unknown, who has passed away overseas leaving behind a substantial inheritance&period; For the recipient, it paints a picture […] Read More

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Fraud News From World

Jan 16, 2025Jan 16, 2025

Elderly Authors Bilked Out of $44 Million in “Blockbuster Book Deal” Scam

<p><strong>San Diego, CA &&num;8211&semi;</strong> In a shocking case of fraud, a federal grand jury has indicted three individuals for allegedly swindling over 800 elderly authors out of more than &dollar;44 million&period; The scam, orchestrated through […] Read More

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Fraud

Jan 08, 2024

Protecting Our Seniors: Recognizing and Avoiding Medicare Scams in 2024

<p>As the population of older adults continues to grow, so does the prevalence of scams targeting this vulnerable demographic&period; <strong>Medicare fraud</strong> is a particularly concerning issue, as it exploits the trust and reliance of seniors […] Read More

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Fraud

Jan 07, 2024

Grandparent Scams in 2024: Navigating the Evolving Tactics of Fraudsters

<p><strong>Grandparent scams</strong>, a type of social engineering scheme that preys on the love and concern of grandparents for their grandchildren, have been around for years&period; However, as technology advances and fraudsters become more sophisticated, these […] Read More

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Fraud

Jan 07, 2024

Elderly and Vulnerable Targets: Protecting a Vulnerable Population

<p>As societies across the globe age, the issue of elder abuse and exploitation has become increasingly prevalent&period; This growing concern stems from the unique vulnerabilities that elderly individuals face, making them more susceptible to harm&period; […] Read More

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Fraud News From World

Oct 24, 2019

Financial Fraud: Michael Watts Convicted For Illegal Stock Promotion And Manipulation Scheme

<h2>Corporate Insider Convicted of Conspiring with Others at Long Island Boiler Room to Pump and Dump Stock on Unsuspecting Elderly Investors</h2>&NewLine;<p><strong>Illegal Stock Promotion and Manipulation Scheme Cost Victims Million of Dollars</strong></p>&NewLine;<p>A federal jury in Central […] Read More

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Fraud News From World

Nov 09, 2018

Financial Fraud: Six Individuals And 14 Corporate Entities Convicted In Activities Related To An Alleged Mail Fraud Scheme

<h2>Nevada District Court Permanently Enjoins 20 Defendants Connected To A Multi-Million Dollar Mail Fraud Scheme</h2>&NewLine;<p>LAS VEGAS, Nev&period; – A federal court in Las Vegas, Nevada, permanently enjoined six individuals and 14 corporate entities from activities […] Read More

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Fraud

Aug 23, 2016

Elder Fraud: Protecting Older Americans from Financial Exploitation

<h2>U&period;S&period; Attorney John H&period; Horn Delivers Testimony Before the U&period;S&period; Senate Judiciary Committee on &OpenCurlyDoubleQuote;Protecting Older Americans from Financial Exploitation”</h2>&NewLine;<p><strong><em>Introduction</em></strong></p>&NewLine;<p>Chairman Grassley, Ranking Member Blumenthal, and distinguished members of the Committee, thank you for the opportunity […] Read More

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Aug 23, 2016

Financial Fraud: Jeffrey Robert Bonner Plead Guilty of Conspiracy to Commit Wire Fraud and Mail Fraud

<h2>Owner of Costa Rican Call Center and Two Others Plead Guilty to Defrauding Elderly through Offshore Sweepstakes Scheme</h2>&NewLine;<p>Two U&period;S&period; citizens and a Canadian citizen have pleaded guilty for their roles in a &dollar;9 million &OpenCurlyDoubleQuote;sweepstakes […] Read More

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Feb 13, 2015

Elder Fraud: Prevention Methods

<div id=”article-content”>&NewLine;<p>&nbsp&semi;</p>&NewLine;<p>We &acy;ll w&acy;nt t&ocy; protect &ocy;ur loved &ocy;n&iecy;&dscy; fr&ocy;m danger, but it&&num;8217&semi;s impossible t&ocy; b&iecy; w&iukcy;th th&iecy;m &iecy;v&iecy;r&ucy; moment &ocy;f th&iecy; day&period; And unfortunate &acy;&dscy; &iukcy;t is, scam artists &dscy;&iecy;&iecy; &ucy;&ocy;ur aging Mom &ocy;r […] Read More

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