Top Stories
FTC releases annual report to Congress on scams and older victims
- Seniors less likely to be victims but lose more money
- But five times more likely to be victims of tech support fraud
- Three times more likely to be subject to lottery/prize frauds
- Lose more through bank to bank transfers and crypto
Peruvian man gets 98 months prison; ran call centers there that called US Spanish speakers and threatened to arrest or deport them unless they paid for products they had not received; 1100 victims, who paid $700,000
Scam losses in Australia totaled $2.74 billion last year; top scams were investments, romance fraud; tech support, phishing, and payment redirection (business email compromise
Full Report here
