Imposter scams employ new tech and techniques to steal retirees' savings

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 86%

United States Headlines News

United States Latest News,United States Headlines

In 2019, the Federal Trade Commission reported that imposter scams, which involve impersonating a person or an entity, were the most common type of fraud in the US. Reports have almost doubled since 2016, reaching a new high this year of more than 512,000.

Posing as a customer service agent, he instructed her to drive to a store and buy an Apple gift card.

Silverberg was a consultant to FirstLight, a home care company in New York, when one of the company’s clients was spied on through her webcam. The scammer had tried to use details about the interior of the client’s home to convince her that he was her nephew. FirstLight owner David Martin knew his client didn’t have a nephew and reached out to Silverberg.“He actually told me now that they're spying on her and this is very common with the elderly,” Martin said. “It's growing.

David Martin, owner of FirstLight Home Care, demonstrates the camera covers he got for all of his clients following a webcam spying incident.According to the FBI, fraudsters can use malware to gain full access to computers, including webcams.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CIT Bank has one of the best high-yield savings accounts available, and you only need $100 a month to make it worth your whileCIT Bank's high-yield savings account, Savings Builder, rewards you with its top APY of 1.85% for auto-deposits at least $100 a month. Citi is at 2.05% 😬
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bloomberg’s bottomless wallet funds hiring frenzyJust two weeks after his late entry into the Democratic presidential primary, Mike Bloomberg has hired more than 300 people so far to work on his campaign Hey, when a rich idiot wants to waste his money all over town, no one's going to stop him. It's like that old movie where Peter O'Toole's character, an English aristocrat, starts believing he's god, and everyone humors him, 'cause he's rich. Nope. Is MikeBloomberg helping realDonaldTrump in terms of lowering the unemployment numbers?
Source: politico - 🏆 381. / 59 Read more »

Man who stole $88,000 from bank vault caught after flashing stacks of bills on social media, FBI saysFederal investigators have arrested a man who allegedly stole $88,000 from a bank vault after the suspect posted photos of stolen stacks of bills online. Bernie voters strike again Criminals a dumb. Isn't that like returning to the scene of the crime?
Source: ABC - 🏆 471. / 51 Read more »

A 69-year-old who didn't pay attention to his savings until 20 years before retirement shares the advice he'd give his younger self about preparing for the futureEven though he now lives comfortably, the 69-year-old retiree David Fisher says he'd tell his 35-year-old self to start saving for retirement earlier.
Source: BusinessInsider - 🏆 729. / 51 Read more »

After switching to a high-yield savings account to save for a home, I don't think I'll ever use a regular savings account againAs I start saving for a down payment, I switched from an account that earned .01% interest to one that earned 2% to make my money work harder.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Nike’s Blockchain Patent Looks to the Future of ShoesThe sportswear company patented a technique to record a digital trail for its shoes — both physical and virtual.
Source: wwd - 🏆 24. / 68 Read more »