Imposter scams employ new tech and techniques to steal retirees' savings

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Imposter scams employ new tech and techniques to steal retirees' savings
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In 2019, the Federal Trade Commission reported that imposter scams, which involve impersonating a person or an entity, were the most common type of fraud in the US. Reports have almost doubled since 2016, reaching a new high this year of more than 512,000.

Posing as a customer service agent, he instructed her to drive to a store and buy an Apple gift card.

Silverberg was a consultant to FirstLight, a home care company in New York, when one of the company’s clients was spied on through her webcam. The scammer had tried to use details about the interior of the client’s home to convince her that he was her nephew. FirstLight owner David Martin knew his client didn’t have a nephew and reached out to Silverberg.“He actually told me now that they're spying on her and this is very common with the elderly,” Martin said. “It's growing.

David Martin, owner of FirstLight Home Care, demonstrates the camera covers he got for all of his clients following a webcam spying incident.According to the FBI, fraudsters can use malware to gain full access to computers, including webcams.

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