Category: Fraud & Scams
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A Maryland woman got 70 months for a romance-scam front company whose victims sold homes and drained retirement accounts
The Justice Department put the damage in a single sentence: “Many victims drained their retirement accounts, sold their homes and vehicles, returned to work after retirement, and borrowed substantial sums from friends and family.” That is a description of households, not of a defendant, and it is the part of this case worth reading twice.…
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A woman who helped collect gold bars from about 300 older victims in at least 37 states was sentenced this month
The knock comes at a time you agreed to. The person on the step is calm and polite and knows your name, and you hand over a package of gold bars you bought that week with cash pulled from your own bank account. A voice on the phone spent days explaining that a government courier…
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An Atlanta man was convicted of laundering $2.7 million stolen from romance and online scam victims
Romance and online scams do not end when a victim wires the money. The stolen funds have to be moved, hidden, and pushed overseas so no one can claw them back, and that job falls to a network of people who launder the cash. A recent federal conviction pulls back the curtain on that machinery,…
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A Georgia financial adviser got the maximum 20 years for a $380 million Ponzi scheme
A guaranteed 10 percent return every three months is the kind of promise that sounds like a gift and works like a trap. On August 14, 2026, the man who built one of the largest investment frauds in Georgia history was sentenced to the maximum 20 years in federal prison, after taking roughly $380 million…
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Getting scam texts about unpaid tolls or packages? Forward them to 7726 and delete
If your phone keeps buzzing with texts about an unpaid highway toll, a package stuck in delivery, or an account you need to “verify,” you are not alone, and you should not tap the link. These messages are among the fastest-growing scams around, and they are designed to steal your money or your login. There…
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A man is accused of draining more than $1 million from a 90-year-old
Federal prosecutors say a Pennsylvania man talked his way into an elderly woman’s life savings and walked off with more than $1 million, using it to buy property and equipment for himself. The case, announced this month, is a textbook example of the kind of elder fraud that targets older people through someone they were…
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Scammers are calling grandparents with fake family emergencies, and a simple code word can stop them cold
The phone rings, and a panicked voice says it is your grandchild: there has been an accident, or an arrest, and they need money right now, and please do not tell anyone. It is one of the cruelest scams around, because it weaponizes love and fear. But it has a simple, powerful defense that any…
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No $2,000 tariff “dividend” check is going out this year, and any text saying yours is ready is a scam
If a message lands on your phone announcing that your $2,000 tariff “dividend” is approved and waiting, delete it. As of August 2026, no such payment has been authorized, funded, or scheduled, and no agency is sending checks. The idea has been talked about, but talk is not a payment. Any text or email claiming…
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In the “phantom hacker” scam, fake tech, bank and government agents talk seniors into moving savings to a fake safe account
It usually starts with a pop-up warning or an unexpected phone call about your computer. By the end, a stranger has convinced a retiree to move their life savings into an account they promise is safe. This is the “phantom hacker” scam, and the FBI says it has drained more than $1 billion from Americans…
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Those $2,000 tariff “dividend” checks are still only a proposal, and any text saying yours is ready is a scam
If a text message just told you that your $2,000 tariff “dividend” check is approved and ready to claim, stop before you tap anything. As of August 2026, those checks are still only an idea that President Trump has floated, not a payment any agency is sending out. The messages telling you otherwise are exactly…
