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scams

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A scammer on the computer. A senior citizen falls for it.

Scam artists have gotten more advanced when it comes to diabolically tricking people out of their money, especially senior citizens. And now with cryptocurrency, which is confusing to many and completely accessible online, there's an added layer of concern for the most vulnerable.

Which is why, more than ever, people need to be on the lookout for swindlers. Luckily, some really good folks are stepping up. On the subreddit r/scams, there are 1.6 million weekly visitors; time and time again, they help alert people to perpetual fraud.

One bank teller posted, "You all saved my customer today" and then told a heroic story about an elderly customer attempting to deposit a check.

"I had a customer come in today and he had a cheque that he wanted to deposit," the bank teller wrote. "Super normal, no red flags. He asked about how long the hold will be. Still, no red flags. Since we're in Canada and we celebrate Victoria Day, the banks are closed on Monday. So, his 5 business day hold will take us to May 21."

banks, bank teller, elderly, senior citizens, scams A bank teller dispenses money at a bank. www.flickr.com

Here's where things took a turn. "I told him that and he said he needs at least $9000 released right away," the bank teller added. "Now I'm even more curious and I asked why. He said he needs 10% to send to his crypto account so he can withdraw the $90,000 USD that his crypto account has generated."

Luckily, this bank teller's antenna went up. "Skeptical, I asked what account, how he opened it, the website—the whole ordeal," the bank teller wrote. "To my surprise, he told me. He clicked on a FACEBOOK AD and deposited a couple of $100 back a few months ago and now it's generated to $90,000 USD. But in order to get the $90,000—he needs to deposit $9,000."

"Yeah, no. I told him he's being scammed, grabbed my phone, and showed him the numerous crypto scams posted on reddit," the bank teller added. "I said his biggest blessing is losing a couple of $100 and not thousands."

There are over one hundred comments on this thread alone. One pointed out: "We all have a blind spot. In reality, most of us over fifty are hesitant to listen to our family members and neighbors. Stubborn. We think we are so smart, and gotta maintain that street cred. It took a nurse I had never met to get my attention about a health issue. It may take a bank employee to open my eyes about something like this. Thank you for diving into his problem."

This person noted how refreshing it was to see that the customer, who had truly gotten their hopes up, actually listened to the teller: "The biggest surprise here is that he actually listened and was willing to believe he'd been scammed. We see so many horror stories about people sticking their heads in the sand and refusing to accept reality, it's such a nice change of pace."

There are so many other stories that run the gamut of scams across every platform. One person told a harrowing story of their mother who got defrauded out of her entire retirement fund. The thread has over 500 comments of suggestions, as well as communal support.

@droidsavvy

Some have no idea about these 🫡

The good news is there are ways to combat these fraudsters. First, it's important to know what to look for.

The National Council on Aging (NCOA) recently posted the top five scams targeting seniors. These include "The Grandparent Scam," in which someone impersonates a grandchild asking for help, scams that appear to be loans from reputable banks, "tech support scams" (which I have personally fallen for), government scams asking for private information like Social Security numbers, and one of the most upsetting—the romance scam.

"As more people turn to online dating, con artists are seizing the opportunity," NCOA's Jessica Johnson wrote. "Romance scammers create fake social media profiles and use them to gain trust and steal money. In some cases, these scammers may be (or pretend to be) overseas. They may ask their victims to pay for visas, medical emergencies, and travel expenses to come to the U.S."

Johnson adds that as of two years ago, these scams have totaled well over one billion dollars in loss.

-Dr. Regina Koepp gives tips on scammers. www.youtube.com, Dr. Regina Koepp

As for what you can do? First, know—and let those in your life know—that if you get scammed, don't be embarrassed. Have consistent conversations about how clever these scammers have become and how common they are. Advise anyone who might be vulnerable to never give out important information to someone emailing or calling for it.

If it happens, contact local police, banks, and the Federal Trade Commission. Adult Protective Services also has resources on how to get started.

The FTC also posted these helpful tips:

  1. "Never transfer or send money to anyone, no matter who they say they are, in response to an unexpected call or message. Even if they say it’s to 'protect it.'"
  2. "Hang up and verify. Hang up the phone and call the company or agency directly using a phone number or website you know is real. Don’t trust what an unexpected caller says, and never use the phone number in a computer security pop-up or an unexpected text or email."
  3. "Block unwanted calls. Learn about your call blocking options to stop many of these scammers before they reach you."

The topic gained extra attention last year with the film Thelma, in which actress June Squibb plays a woman on a mission to recover her scammed money (her methods are not recommended, but the film, based loosely on a true story, is aces).

June Squibb stars in the movie Thlema. www.youtube.com, Magnolia Pictures

Pop Culture

Heads up! That call from a panicky relative may be a scammer voice clone.

The FTC is warning people to look out for the latest scam trend.

via Pexels

A man makes a phone call from prison.

One of the oldest frauds in the book is the “your loved one is in trouble” scam. Scammers call posing as a grandchild or loved one in distress who claims they’ve been kidnapped or are in jail. The scammer may also impersonate a nurse, police officer, lawyer or other authority figure representing the loved one.

The scammer claims that the loved one needs money wired to the fraudster immediately to bring them to safety.

The scam is effective because the victim is under pressure to get them money quickly, so they don’t have time to consider the fact that it may be a scam. All the while, they imagine the torment the loved one is going through. The urgency of the scam makes it much more likely that the victim will hand over the money.


The FTC is warning people that scammers have given this scam a new technological twist by faking the voice of the loved one by using voice cloning powered by artificial intelligence.

“Artificial intelligence is no longer a far-fetched idea out of a sci-fi movie,” the FTCs warning reads. “We're living with it, here and now. A scammer could use AI to clone the voice of your loved one. All he needs is a short audio clip of your family member's voice—which he could get from content posted online—and a voice-cloning program. When the scammer calls you, he’ll sound just like your loved one.”

All fraudsters need to clone someone’s voice realistically is a 30-second clip of audio that they can easily rip from Facebook, TikTok, podcasts, commercials or Instagram. The voice-generating software synthesizes what makes a person's voice sound unique and then finds similar voices by searching vast databases. This allows them to replicate someone’s voice in real-time to create a phone call that sounds authentic.

It’s terribly difficult to detect the scam because voice-cloning software has become increasingly accurate. As AI technology improves, avoiding being fooled by the scam will become harder.

scams, ftc, artificial intelligence

A scammer finds his next victim.

via Pexels

"It's terrifying," Hany Farid, a professor of digital forensics at University of California, Berkeley, told The Washington Post. "It's sort of the perfect storm ... [with] all the ingredients you need to create chaos."

FTC officials say that in 2022 Americans lost $8.8 billion to fraud, with imposter scams being the most common, and there’s usually no way to get the money back. Scammers usually demand payment through cryptocurrency, money wires, or gift cards, so tracing it is impossible.

The FTC wants people to think twice if they receive a phone call from a loved one in distress or someone claiming to be their representative, especially if they ask for money.

“Don’t trust the voice,” the FTC warning reads. “Call the person who supposedly contacted you and verify the story. Use a phone number you know is theirs. If you can’t reach your loved one, try to get in touch with them through another family member or their friends.”

If you are targeted by one of these voice clone scams, report it to the FTC immediately. You could prevent the next person from being scammed.

Pop Culture

People share society's biggest scams and honestly, they've got a point

Hot dog buns should absolutely have 10 buns per pack. Who decided on 8?!

People share society's biggest scams.

Some things have scam written all over them and you can spot it a mile away. Like the random commenter on your social media post trying to sell you a love potion or get you to call a "love doctor." Both of those things sound made up and besides, your profile clearly says you're in a relationship. But there are some things that are so ingrained in society that we just accept them as normal, even when they're really a scam. A Reddit user asked people to call them out. Truthfully, this thread will have you questioning everything because their points are valid.


It doesn't take much thought to come up with a few things that are total scams. I have a beef with the hot dog industry, because why are there 10 hot dogs in a pack but only eight buns? It makes no sense. Is it a conspiracy with the bread companies to get us to buy more bread? It makes literally zero sense. Some people have much bigger and more interesting gripes than I, so let's get into them.

Photo by Clarissa Watson on Unsplash

One user brought up text book codes, and yeah what is that about? You spend approximately $7,000 on a text book only for it to come with a one-time code. Someone made the argument that college textbooks in general were a scam because sometimes you don't even open them. I can personally attest to this. I once spent nearly $300 on a biology book that was "required" and it was never used because the professor only created test material from his lectures and his lectures were based off of his own personal notes (insert eye roll here).

Now this next one stings a little. A commenter pointed out annual raises that are almost always lower than the annual inflation, to which someone replied "you get annual raises?" Yikes. When thinking back on the jobs I've had, none of them provided adequate annual raises, even when they were called "cost of living increase." I can't help but wonder, whose cost of living only increased 0.5%? We should all move there.

Photo by Kenny Eliason on Unsplash

Convenience fees are another one that people have pretty strong feelings about and yeah, same. If you pay any bill online, including your rent, you're charged a convenience fee. Maybe in 1993 this fee would've made sense, but it's 2022, everything is convenient. What, do you expect people to leave their houses and go to the electric company to pay with a check? There are probably plenty of people walking around today who have no earthly clue where their utility company is located or how to properly fill out a check.

If you apply for services without having to change out of pajama pants, then you should be able to pay your bill without the added convenience fee. Why are we still pretending we are inconveniencing someone in order to pay online? Let's just stop this madness or the millennials will revolt. We already can't afford avocado toast anymore, the least you can do is let us keep that extra $3.

Health insurance. I feel like if you're reading this from America I really don't even have to explain further. But let's get into it for the grins and giggles of it all, because health insurance is probably our nation's biggest scam. The first problem with this monstrosity of a system is that it's essentially tied to your place of business, so if you lose your job, surprise, try not to get sick because you no longer have health insurance. The second issue that another commenter pointed out is that it costs an ungodly amount of money every single month, even though your employer is also paying a portion.

While you're paying your monthly premium you still have to pay co-pays, co-insurance and meet your deductible for things to be fully covered. I'm sure whoever came up with health insurance died an extremely wealthy person because according to the Reddit thread under this comment, health insurance is a joke and is bankrupting Americans.

Photo by Jonathan Cooper on Unsplash

Last on the list is bank hours and I have to agree because there's no doctor's excuse for going to the bank, so why are their hours so inconvenient? Hmm, I wonder if we can charge banks a convenience fee as most people have to leave their jobs to get to the bank before it closes. Fair is fair, right?

If you're looking for a deep sense of being duped, go check out the thread on Reddit. There are more than 11,000 comments exposing unsuspecting people to all of the societal scams we have fallen for with absolutely no instruction on how to fix them. I guess the joke is that we eventually buy into the scam or pretend we don't know it exists.

Photo by Jason Leung on Unsplash

Local bookstore scammed out of $35K

Communities coming together for a bigger purpose is always a feel good story, so when we came across this story from WXYZ Detroit, we had to share it. Imagine being in business bringing stories to your community and creating a space where everyone could feel welcomed, only for a stranger to try to take it away. That’s exactly what happened to the owners of 27th Letter Books in southwest Detroit when a scammer purchased $35K worth of books with fraudulent credit cards.


The bookstore, which only recently opened a brick and mortar location a little over a year ago focuses on bringing diverse titles and authors to their readers. One of the co-owners, Jazmine Cooper, told WXYZ, “There’s a lot of diversity in the titles that we choose.” Cooper discussed a book about Asian American mental health titled Permission to Come Home by Jenny T. Wang, PhD. Cooper explained, “there aren’t a lot of books that allow Asian Americans to have mental health issues or to read about mental health issues.”

Maintaining diversity is important to the small business and the highlighted title, Permission to Come Home is picking up popularity. But everything hasn’t been rainbows for the store because in May, someone pretending to be a customer was able to scam the bookstore out of thousands of dollars before they were able to catch on. Losing this amount of money could cause a small business to close its doors for good and that’s exactly what Cooper thought was coming next. But to her surprise community members stepped up in a big way.

In an effort to save the store, Cooper and her co-owner, Erin Pineda, started a Go Fund Me with the hopes that they would raise enough money to keep the doors open. The response was unimaginable and warmed the hearts of the two business owners. Pineda told WXYZ, “We had someone I remember come in the store and they were like I just started a new job and I don’t have a ton of extra income to donate but can you share a flier and I’m going to put it up at a couple different community spots for you.”

The entire $35K was raised in a matter of 10 days, thanks to the generous hearts of the southwest Detroit community. Now the store can continue its dedication to bringing diverse stories into the homes of their neighbors. But raising the money doesn’t only provide the community with books. It allows for the other programs to continue, one of which is the bilingual story time for kids.

It’s amazing what a little help from your neighbors can do. No worries about future opportunity grabbers that come in the form of scammers. Cooper and Pineda are reviewing their policies to make sure they never have to deal with the frustration of realizing you’ve been scammed. Pineda left off by imploring other business owners to review their own policies around online ordering to avoid their costly mistake.

Hopefully this bookstore will be around for many years to come and the next time you’re passing through Detroit on an extra long layover, or to visit family, stop by 27th Letter Books. Surely the owners have a title or two they can recommend to you.