Fraud Prevention

As technology advances, identity theft has become a real-time threat, with scammers using sophisticated methods to exploit personal data for financial gain. In 2023, Americans lost over $10 billion to identity theft and related fraud, according to the Federal Trade Commission (FTC). The FTC received over a million complaints of identity theft and over 2.6 million […]

As technology advances at an unprecedented rate, it has undeniably transformed how society operates, bringing both positive changes and new challenges. One of the most significant issues facing the digital age is the growing number of scams targeting seniors, which have become increasingly sophisticated and damaging. Despite awareness campaigns and warnings, many older adults continue to […]

Two brothers from Temecula, California, were sentenced in federal court after orchestrating a sophisticated scheme that defrauded the United States Postal Service (USPS) of over $2.1 million through fake insurance claims. Fareed Alam, aged 36, and Yousofzay Fahim Alam, aged 34, received a combined 27-month prison sentence and were ordered to pay $2,135,739 in restitution […]

A network of fraudsters targeting the elderly across Canada with a “grandparent scam” has been broken up after a major police operation. This scam tricked seniors into thinking their loved ones were in urgent need of help, leading them to lose over $1.2 million in just three months. Several police agencies worked together to arrest […]

With online shopping reaching new heights in popularity, the risk of purchasing counterfeit products has surged as well. A 2023 study from Michigan State University (MSU) revealed that nearly 7 in 10 consumers unintentionally bought fake products online within the last year. Counterfeit goods don’t just lack quality, they can also pose severe health and […]

Elder fraud is a growing concern, with millions of older Americans falling victim to scams each year. In 2020 alone, the FBI’s Internet Crime Complaint Center (IC3) reported that seniors lost over $966 million to fraud schemes. These scams not only rob older adults of their financial security but also have profound emotional and psychological […]

As more people use digital communication, scammers have found new ways to trick retirees by using familiar names. Brands like Publishers Clearing House are often used in scams with fake promises of big prizes. Many, like Michael Brodnex and Rita May, have been scammed by people pretending to be from well-known companies. These scammers use […]

Scams have become a significant financial threat to American consumers, with recent studies indicating that nearly 80 million individuals in the United States have suffered financial losses due to fraudulent schemes. According to research by PYMNTS Intelligence, the average loss per scam victim is $545, with many facing substantial financial devastation, including cases of losses […]