Scammers Use New Schemes and New Technology To Defraud The Elderly

Lovely senior couple is a scam target
Beware of the scammers!

Scammers Use New Schemes and New Technology To Defraud The Elderly.

Fraud attempts aimed chiefly at seniors

are at or near historic ranges, powered with the aid of expertly deployed technologies — robocalls, pop-up desktop letters, and “spoofing” with false IDs that perform admission calls locally. And the greater legislation’s enforcement and educators ramp up efforts to prevent scams, the smarter the fraudsters get, adapting know-how and strategies to dwell one step ahead of the legislation.

The cat-and-mouse game is “now not even a close contest,” noted Len Fishman, administrator of the university of Massachusetts Boston’s Gerontology institute. “Scammers don’t have to be successful every time. They’re targeting a population of 65-and-over senior citizens with $17.2 trillion in economic assets.”

Reviews of fraud and different fiscal


climbed from 325,500 in 2001 to pretty much 3 million last year, Federal Exchange commission statistics show. Robocalls, those auto dialed calls, that play a recorded message, are leading the increase. Their quantity jumped from 29 billion to 48 billion in the past two years, in keeping with an index published by utility firm You Mail.

Economic losses totaled $1.48 billion in 2018, the FTC mentioned, with victims over 70 dropping a lot more money than-standard than younger victims. However, the issue can be worse than those figures suggest. Because most who’re scammed feel humiliated and ashamed, and a lot think they’re the only ones targeted, the majority of fraud makes an attempt — worthless and successful — are by no means said, legislation administration officials agree with.

For the con artists, it’s a numbers game — optimum payout for minimal accomplishment.

“These scammers who blast lots of individuals with robocalls, and a living man or woman most effective engages once you reply to the call,” mentioned Max Weinstein, chief of the purchaser coverage division within the office of legal professional commonplace Maura Healey.

Excessive-tech advances have turbocharged their advance. Closing yr, the FTC issued a $120 million fine against a Miami man, Adrian Abramovich, who the fee referred to had positioned more than 96 million unlawful robocalls impersonating travel groups and offering “exclusive” holiday deals.

“Technology’s fabricated it lots less complicated to do a job that used to contain a protracted con,” stated Kathy Stokes, fraud prevention administrator for AARP, the senior citizens’ advancement community.

Often the enabling applied sciences were developed for respectable applications


autodialing to announce caller-identity blocking to offer protection to the privacy of doctors. But they’ve been appointed by using fraudsters to militarist everything from false Medicare cards to sham “more suitable” pensions and inventory investments, in exchange for costs or checking account tips.

The schemes are consistently subtle. In Massachusetts, the most standard form closing 12 months concerned impostors, in response to AARP. Usually, callers approved to baffle grandparents by pretending as their grandchildren, and asserting they have been in difficulty and needed funds.


“Scammers know that probably the most effective way to bamboozle someone is to annex their amygdala, the emotional part of the mind,” pointed out Mike Festa, director of AARP Massachusetts. “They don’t need you thinking, they need you reacting. In case, you’re coping with the grandchildren, if you happen to be dealing with the IRS, individuals are likely to have an emotional response.”

That’s what happened to Susan Gordon, 91, a longtime citizen of Evans esplanade, an assisted living community in Newton County. She got calls at least two or three times every week from individuals attempting to promote her time-shares earlier than studying to simply dangle up.

“These callers will say you could make $650,000 if you rent your time-share out for vacations,” mentioned Gordon, a above school librarian. “However they want cash up front. You’re ready to hang up, but you don’t want to be rude.”

She admits to dropping small sums

through the years when she “by chance” give her personal information to phony debt collectors.

Retired science teacher Beatrice Levoy, 88, one more Evans park citizen, fell victim to a scam on her desktop computer. She opened an email with a symbol purporting to be from bank of the USA.

“It seemed legitimate,” she stated. “It asked me to fill in forms, and I started filling them in. Again after they asked me for my account number, I believed they should still recognize that. I had to name financial institution of the USA. They closed my account and created another one for me.”

Levoy knew she’d been lucky, however, the close call has made her wary of going online. “There are a lot of scams out there that I’m afraid to click on now,” she observed.

Older individuals are chiefly vulnerable to on-line and contact scams, said Linda Amir, chief administrator of monetary solutions at benchmark chief residing in Waltham, who tries to teach residents of Evans park and other benchmark communities in regard to the hazard. She spoke of many are dupe, unclear about new applied sciences, and a part of a generation acquainted with answering phone calls as opposed to allowing them to go to voicemail.

“The criminals recognize this, knowing that they’re their best targets” Amir noted.

Seniors who are living alone can also be inclined to acceptable acquaintance from the outside world. “In case your phone hasn’t rung all week long, and unexpectedly a person calls, you may think this is somebody who’s going to help you with something,” noted Julie Schoen, deputy director of the countrywide center on elder corruption at the institution of Southern California.

Those that suggest seniors say there are accomplished that can also be taken to ward off scammers.

First, don’t respond back when unknown cell numbers pop up on the caller id, even if it is a local number. In case, you do speak with a person, never give out your social security or checking account numbers or answer to a request to confirm your identification.

People can additionally regulate their phone settings so that they’re visible only to household and friends. Install affidavit code alerts to enable entry to money owed, and employ carriers that video display bills for apprehensive endeavor.

Lawmakers in Washington are also demography purpose at scammers. Remaining month, the assembly overwhelmingly passed a bipartisan bill to crack down on unwanted robocalls by charging fines of as much as $10,000 per call. The legislation, subsidized by using Massachusetts Democrat Ed Markey and South Dakota Republican John Thune, awaits action in the Senate.




google ranking checker

24 comments / Add your comment below

  1. Hi there,

    You have written about scammers who now use new schemes and technology to defraud aged people. Your post is a great medium to aware people. Your techniques of presentation are quite brilliant. You have given real examples and video references too. You have mentioned that above 65 aged people are the main target. But people of all ages are now facing this problem too. So what is your opinion about this? 

    Thanks for your valuable suggestions too to prevent this.

    1. Seniors are more at risk than ever before because of this new technology.Most have not been trained and aren’t used to a lot of the modern gadgets.Many are lonely and seek companionship and thus get duped into letting their guard down and trusting people who prey on them.Thanks for your comments Snigdha

  2. I happen to be 73. The number of calls I get from unknown phone numbers has risen dramatically over the years. I match the name of people and businesses I know with their phone numbers on my cell phone. When they call I know exactly who is calling. When I see an unknown number I do not answer. My thinking is if the call is important they will leave a message. The most common scammers who leave messages claim to be from the IRS or Social Security. And that we are about to be arrested if we don’t call the number back. I feel sorry for folks who do call and get ensnared by their web of lies. 

    Almost as bad are Emails doctored to come from Apple saying that we need to update our information as our account was closed because of fraudulent activity. Right! 

    Thanks for making people aware of these scammers aimed at retired folk. 

    1. Thanks Edwin, we can do  a lot to help ourselves by being more aware of the methods used by these vermin,I appreciate your comments and help.

  3. Hey

    I completely agree with you on the rising fraud rate with senior citizens. They are the most lucrative target among all other social classes and I personally believe it’s not ethical either. Your article proves a valid point but sadly, there isn’t much that other people can do to help them if they aren’t careful themselves. It is very important to possess knowledge of these kinds of crimes for your own safety. I thoroughly enjoyed reading your article and I’m gonna share it to spread awareness.


    1. Thanks Shashwat for your opinion.A lot of this comes from not being aware of this new technology and needing to be educated about what is happening on the internet that could hurt a person.

  4. Hi there, 

    This is a very crucial article to not just the seniors but also to us all. Thanks a lot for choosing to sensitize senior citizens who, like you have rightfully said it, are key targets and victims o fraudsters. 

    These cybersecurity criminals know all too well that seniors are likely to have investments, pension fund benefits, possible support from their children or other relatives, maybe weak due to ill health, and probably not so quick to make a judgement on strange emails or callers as out to defraud them. Would you advice a capable senior citizen to employ the services of a cybersecurity expert to secure their computer system(s)?

    Once again, thanks a lot.


    Boniface from AndroidBix 

    1. If a person has a lot to lose and is able to do that; all well and good. Most aren’t able to and so it’s up to them to become aware of what could happen to them negatively when expose to criminals who want to defraud them. Thanks for you impute Boniface.

  5. I have personally encountered several seniors on Facebook who confessed they were scammed or defrauded. The problem that I saw with them is, most are not willing to speak out or seek the help of the authorities and websites like yours here. My opinion is, if only they will have the courage to move forward and speak out, more incidence of fraud will be prevented. The legislation and other efforts would be in vain if the victims themselves are not willing to help themselves. 

    1. I agree with you Homer. More should be done to help yourself by becoming more educated with these new schemes to take your hard earned money. Thanks for your comments!

  6. It is sad how the elderly get scammed. How do people have the guts to rob the elderly of their retirement? The importers are so common that you will hear every household tell a story of how someone called or even came and just scammed them.
    Unfortunately new scamming techniques are always coming up, which the elderly might not be aware of at the time.
    This is an eye opening article that everyone needs to be alerted on. We can always join hands in protecting the elderly which will ultimately protect us.

    1. Yes Carol that is the key to helping to stem the crime that is happening to seniors and others. Greed is a big reason people are being scammed and loneliness too.

  7. Seniors are definitely perfect targets for scammers since they’re the most vulnerable on the Internet. After all, technology nowadays is hard to understand and scammers are getting smarter with time. Now, I don’t worry about it since I’m still young. But who knows how sophisticated scams might become in the future? When it’s my time to get old and become a senior?

    1. Thanks Dominic for your comments.Being young doesn’t keep a person from being scammed so don’t let your guard down.

  8. Yeap, good post. I believe that this is the first time I’m seeing someone wrote on something as important as this. This issue of scammers calling people proposing a deal to help with one issue or the other is not specific only to the seniors as seen in this write up but i  agree they get most of this type of calls. An old woman in my bloc actually does after being scammed from a person who supposedly requested her information, it really disturbing. I hope the government can deal with issue timely so the seniors can enjoy whatever is left for them before they go.

    1. Yes Henderson It is an epidemic that is causing a lot of grief and economic hardship on people who have worked hard all their lives.I have other articles on my website dealing with that topic also.Thanks for your comments!

  9. Hi, thank you for the great awareness in your post it is helpful, all the points thatvyou discussed in your post I will inform my granny about it so that she won’t fall a victim, I know most friends also have elders and to protect going to share and tag your website to my friends so that the information will pass  round every one to save a life from being scam especially the elders

  10. This is great eye opener article for people to know and most especially the elderly ones,I do call scammers evil people because they fraud people of their hard earned income “Scammers don’t have to be successful every time. They’re targeting a population of 65-and-over senior citizens,I appreciate your effort in exposing the scammers with the techniques for defrauding elderly people and even the general populace.Thanks for sharing.

  11. Excellent article you have written up here on a very sensitive and alarming topic concerning scammers and their various schemes used as a result of technology advancements. My dad was once duped through call and that affected him a lot after his retirement and it was a debt I had to pay AF the earliest part of my life since my dad died early. However, I will suggest that most people follow your tips to prevent being scammed too as they are spot on information. I will definitely share this post to as many social platforms as possible. Thanks

    1. Thank you so much Roger. I am sorry you lost your father.I appreciate you taking the time to comment and thank you for wanting to share my article with others.

  12. As I continue to read on your articles your making a valid point and providing a new sense of perspective. Elder’s are being targeted through emotions. This was a great point! You mention some point on evidence that I never knew, but clearly should’ve figured out if I just thought about it. This will be helping a lot of people

    Thanks Again!

Leave a Reply

Your email address will not be published. Required fields are marked *