New Fraud Watch Network Campaign Informs Americans About Social Media Scams

Today, we unveiled a new Fraud Watch Network campaign to inform Americans about social media hazards and provide information about how consumers can protect themselves and their loved ones. While roughly 70 percent of Americans regularly use social media, according to the Pew Research Center, many aren’t aware of these new types of scams. We understand that scammers have been using email and telephone calls to target unsuspecting victims for years. But con artists are just as likely to use Twitter, …

Frank Abagnale: Hackers Can Get Your Info in 15 Seconds

Frank Abagnale, former master check forger, has some sobering advice for the rest of us: Hackers likely already have your identity records. He says hackers can steal your identity in 15 seconds or less. Abagnale, who lectures on forgery, embezzlement and secure documents, spoke to attendees today at the AARP Ideas@50+ conference underway in San Diego. Among his other revelations: Children make better victims than adults because thieves can use their stolen identity for a longer time. The privacy button on …

Action Urged to Fight Elder Financial Abuse

The following is a guest post from AARP Money Content Editor John Burgess. | Four decades out from his teen-aged check-forging spree, a lion-maned Frank Abagnale bears little resemblance to Leonardo DiCaprio, who portrayed him in the movie “Catch Me If You Can.” But Abagnale still knows a thing or two about fraud. What I did 40 years ago as a teenager is 4,000 times easier to do today due to technology,” the reformed con man told the Senate Special …