victims

Fear Is Back! Jury Duty, Other Intimidation Scams Return

Posted on 04/11/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsAs the forecast faithful can verify, March certainly came in like a lion. But out like a lamb? Scammers continue to be anything but sheepish in trying to steal your money and identity. Witness the recent return of the jury duty scam. That’s when fraudsters, posing as courthouse officials or police, telephone with claims you missed jury duty. Because of that, they threaten, you’re going to be arrested unless a fine is immediately paid — sometimes requested by credit card, but usually a …

Powerball Scam: ‘Unclaimed’ Prize Claims Casing You for Future Fraud

Posted on 04/2/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsJust as sweepstakes scam season kicks off — these prize lies tend proliferate in spring through summer — fraudsters have conceived a clever new con. In random telephone calls, crooks claim there are “unclaimed” Powerball prizes that you can win by picking random numbers. Do that, officials say, and you may get a follow-up phone call alleging that your numbers won a lower-level prize of a new car and/or a boatload of cash. But know this: “They seem to be ‘casing’ the consumers …

Ponzi Victims Can Sue, Supreme Court Says

Posted on 03/11/2014 by |Legal Grounds | Comments

Bulletin TodayIn 2012, Robert Allen Stanford was convicted of running a Ponzi scheme that bilked investors to the tune of $7 billion. While that might be only a fraction of the $65 billion that Bernard Madoff got away with, it’s still about 10 percent of New York City’s budget for 2013. Stanford was sentenced to 110 years in prison, but his victims demanded more than just jail time. While they couldn’t sue Stanford directly, they could, they argued, sue the firms …

Online Fraud: Are You Next?

Posted on 03/5/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsThe difference between computer users who get scammed and those who don’t often comes down to a simple checklist: In just-released research, AARP identifies 15 particular behaviors, life situations and knowledge attributes that significantly increase vulnerability to online fraud. The kicker: Nearly 1 in 5 American adults — roughly 34 million people — engage in at least seven of them. These eye-opening findings are pooled from detailed surveys of more than 11,000 adults across the U.S., comparing the online actions, behaviors and life experiences …

There’s a New ID Theft Victim Every 2 Seconds

Posted on 02/7/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsAbout the time it takes to read this sentence, another three people have become victims of identity theft. A victim is created every two seconds, according to a new survey by Javelin Strategy & Research Study. The California-based research group reported some troublesome statistics: The number of ID theft victims last year reached 13.1 million, up by more than 500,000 from the previous year. And more than one of four cases involved “account takeover fraud.” >> Sign up for the AARP …

1-Click Tricks in Valentine’s Day Scams

Posted on 02/7/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsIt’s not just hearts that are stolen come Valentine’s Day. Also at risk: Your money, identity and sensitive computer files and online accounts – thanks to the many opportunities to infect computers with malware this love-filled season. True, most attention – and the biggest financial losses – occurs with “long-con” romance scams. That’s when crooks (often part of overseas organized crime rings) scroll dating websites and chat rooms, inventing fake identities tailored to their victims’ interests. After weeks or months …