FBI reveals $352 million lost to AI scams aimed at seniors over 60
The FBI has termed it a “distress scam,” often referred to as grandparent fraud. This scheme deceives older adults into believing that their grandchildren are in dire situations and require immediate financial assistance, sometimes before scheduled court appearances or legal deadlines. Reports indicate that victims lost over $5 million to this type of fraud in […]
AI voice scams increase by 1,210% as just 3 seconds of audio is enough for cloning
The phone rings, and it’s my son’s voice. Panic sets in. He says he’s been in a car accident, that he hurt someone, and he’ll be arrested soon. He needs to wire $15,000 by the end of the day—but, under no circumstances, should anyone else find out. Of course, you’re going to wire the money. […]
Bank of England alerts about AI scams as deepfakes of Farage-Bailey clash circulate
Bank of England Warns Against AI-Generated Scams The Bank of England is alerting the public to be cautious of AI-driven scams following the viral spread of a deepfake video featuring Nigel Farage. This video shows a confrontation between Farage and Bank Governor Andrew Bailey. Bailey emphasized the need for vigilance as he noted the increase […]
Anti-scam effort by Meta and the FBI results in 63 arrests and removal of 1.4 million scams
National Fraud Enforcement Initiatives and Recent Crackdown Colin McDonald, the assistant attorney general for the National Fraud Enforcement Bureau, has recently shed light on the federal government’s extensive anti-fraud efforts. He pointed out that within just 52 days, a task force executed over 450 significant law enforcement actions, encompassing search warrants, arrests, and convictions. McDonald […]
Meta and FBI join forces in anti-scam effort resulting in 63 arrests and removal of 1.4 million scams.
National Fraud Enforcement Officer Discusses Special Committee’s Crackdown Colin McDonald, the assistant attorney general for the National Fraud Enforcement Bureau, has highlighted the unprecedented scale of the federal government’s efforts to combat fraud. He mentioned that the task force executed over 450 significant law enforcement actions within just 52 days. This included search warrants, arrests, […]
Ways to safeguard your elderly parents from identity theft and financial scams
In 2025, individuals aged 60 and above submitted over 201,000 complaints to the FBI’s Internet Crime Complaint Center, resulting in a staggering $7.7 billion in reported losses—more than any other age group. On average, older victims lost around $38,500, which is roughly double the losses experienced by younger individuals. A December 2025 report from the […]
Understanding silent voicemail scams: what they are, how they function, and ways to prevent them
Voicemail Scam Alert: What You Should Know It starts in a subtle way. Your phone rings, or rather, it doesn’t ring. You see a voicemail notification, but when you check, there’s no audio. This cycle repeats, and soon, your voicemail inbox feels like it’s being bombarded. This is the experience of Mike from Westport, Connecticut, […]
Social media scams have increased by 700%. Here are ways to protect yourself.
Online fraud isn’t a new topic, but the scale of theft continues to rise annually. Social media users reported losses totaling $2.1 billion, which is eight times more than in 2020, as per the latest figures from the Federal Trade Commission. Unfortunately, these losses might escalate as criminals use AI for more advanced cyberattacks. Here […]
Scams related to ID.me identity verification to be aware of and tips for staying safe
More people are encountering ID.me while trying to access government services, leading to some concerns. Recently, a person from Richardson, Texas, reached out to inquire about its safety after noticing its requirement on various federal websites. This is a valid concern, especially when it involves sharing sensitive personal information. Here are some important points to […]
Soccer fans cautioned about a 36% increase in ticket scams before World Cup 2026: ‘Very convincing’
Warning of Ticket Fraud Ahead of World Cup Major British banks have raised alarms about a potential increase in ticket fraud as the World Cup approaches, cautioning that rising prices might entice fans into the traps set by scammers. Lloyds Bank has noted a 36% rise in ticket fraud linked to the Premier League during […]