Fraudster caught in Orlando after Elderly man scammed out of 800k USD
ORLANDO, Fla. – A man was arrested in Orlando after a 92-year-old was swindled out of over $800,000.
Read More
Don't let your family become victims of internet scams.
Get our Free Tips Sheet Now!Why This Matters
The latest FTC data show a massive surge in consumer losses to scams:
- $12.5 billion lost in 2024 — a 25% increase over 2023.
- 38% of fraud reports involved actual money lost (up from 27%).
- $5.7 billion lost to investment scams (24% increase).
- $2.95 billion lost to imposter scams.
Real-life Stories
2 Arrested for Scamming Elderly Person in the US
New York: Two people on student visas in the US have been arrested for scamming an elderly individual.
Read MorePayPal Scammer Nearly Bilks Elderly Atherton Man Out of $15,000
Bay Area: A con artist nearly scammed an elderly Atherton man out of $15,000, but his caregiver intervened.
Read More