Reports indicate a rise in elder financial abuse across various regions, with financial exploitation becoming the most reported form of elder abuse in Centre County. Scammers are employing multiple tactics, including phone calls, emails, door-to-door visits, and even artificial intelligence to mimic the voices of loved ones. The FBI in Baltimore County has highlighted common elder fraud schemes, such as cryptocurrency investment scams, emphasizing education and prevention as key measures for protection. This increase in scams targeting seniors has been described as an underlying epidemic, coinciding with the aging population. Authorities and organizations are urging vigilance and awareness to help identify and report these fraudulent activities.
Know the signs to spot a scam. @FBIBaltimore shared tips with seniors in Baltimore County on common elder fraud schemes, including cryptocurrency investment scams. Education and prevention are valuable tools to protecting yourself. https://t.co/on392f4xOc https://t.co/GY0QTa8Q23
Scammers are utilizing email, phone and text messages to prey on people, and seniors are often at the top of their list. @TamaraVaifanua has more in partnership with @AARPUT: https://t.co/DTtC3wBtoO
‘An underlying epidemic’: Elder financial abuse on the rise as population ages https://t.co/lWcMal7Z0S