Scams targeting individuals, particularly the elderly, are on the rise, with victims losing significant amounts of money. An elderly couple grieving their daughter were conned out of £560,000 by a banking fraudster, who has been jailed for over six years for his £1.5 million crimes. Pensioner Denis Robinson, who considered himself cautious, was defrauded in person. Consumers have lost $10 billion to fraud in 2024, the highest ever reported by the Federal Trade Commission. Online scammers are exploiting various methods, including romance scams and 'pig butchering,' to deceive victims. The FBI's Economic Crimes Unit has highlighted prevalent scams and provided tips on how to protect oneself. Santa Clara County District Attorney Jeff Rosen discussed fraud on 'Wall Street Week.'