This runs an hour and 20 minutes. We convene to discuss something of utmost important to the committee on aging. Fraud against seniors. Con artists will pose as federal and state agencies to steal benefits. Theyll falsify, i should say, romantic relationships to gain a seniors trust. And by way of a third example, peddle fake Health Insurance and cures for the virus. They are also using new Payment Methods making losses difficult to trace. The federal trade Commission Reports tbift cards are the main Payment Method used by scammers to request and steal money from older dulls. In 2021, 27 of adults 60 and older who lost money paid a scammer using a gift card or a reloadable card. Peertopeer payment apps like zelle, venmo, cashapp and paypal are also increasingly used by scammers. Today, aurelia will share her experience with a peertopeer payment scam. Her story is all too common. Scammers request payments from seniors by way of these apps have increased exponentially from 2 in 2017 to 1
This runs an hour and 20 minutes. We convene to discuss something of utmost important to the committee on aging. Fraud against seniors. Con artists will pose as federal and state agencies to steal benefits. Theyll falsify, i should say, romantic relationships to gain a seniors trust. And by way of a third example, peddle fake Health Insurance and cures for the virus. They are also using new Payment Methods making losses difficult to trace. The federal trade Commission Reports tbift cards are the main Payment Method used by scammers to request and steal money from older dulls. In 2021, 27 of adults 60 and older who lost money paid a scammer using a gift card or a reloadable card. Peertopeer payment apps like zelle, venmo, cashapp and paypal are also increasingly used by scammers. Today, aurelia will share her experience with a peertopeer payment scam. Her story is all too common. Scammers request payments from seniors by way of these apps have increased exponentially from 2 in 2017 to 1
This runs an hour and 20 minutes. We convene to discuss something of utmost important to the committee on aging. Fraud against seniors. Con artists will pose as federal and state agencies to steal benefits. Theyll falsify, i should say, romantic relationships to gain a seniors trust. And by way of a third example, peddle fake Health Insurance and cures for the virus. They are also using new Payment Methods making losses difficult to trace. The federal trade Commission Reports tbift cards are the main Payment Method used by scammers to request and steal money from older dulls. In 2021, 27 of adults 60 and older who lost money paid a scammer using a gift card or a reloadable card. Peertopeer payment apps like zelle, venmo, cashapp and paypal are also increasingly used by scammers. Today, aurelia will share her experience with a peertopeer payment scam. Her story is all too common. Scammers request payments from seniors by way of these apps have increased exponentially from 2 in 2017 to 1
This runs an hour and 20 minutes. We convene to discuss something of utmost important to the committee on aging. Fraud against seniors. Con artists will pose as federal and state agencies to steal benefits. Theyll falsify, i should say, romantic relationships to gain a seniors trust. And by way of a third example, peddle fake Health Insurance and cures for the virus. They are also using new Payment Methods making losses difficult to trace. The federal trade Commission Reports tbift cards are the main Payment Method used by scammers to request and steal money from older dulls. In 2021, 27 of adults 60 and older who lost money paid a scammer using a gift card or a reloadable card. Peertopeer payment apps like zelle, venmo, cashapp and paypal are also increasingly used by scammers. Today, aurelia will share her experience with a peertopeer payment scam. Her story is all too common. Scammers request payments from seniors by way of these apps have increased exponentially from 2 in 2017 to 1
Community center. No, its way more than that. Comcast partnering with 1000 Community Centers to create wifi enabled so students from low income families can get tools they need to be ready for anything. Comcast support cspan as a public service. Along with these other television providers. Giving you a front row seat to democracy. Next, a hearing on scams are getting Senior Citizens. Senate lawmakers consider warning signs, the impact of fraud in the victims Mental Health, and ways to prevent fraud. This is an hour and 20 minutes. The hearing will come to order. We convene today to discuss a topic of the utmost importance to the aging committee. Fighting fraud and scam targeting seniors. These predatory schemes have existed for decades. We know that the pandemic has only exacerbated this issue. As fraudsters preyed on fear and uncertainty surrounding the virus, federal agencies, state governments, and advocates all warned of con artists, who will do the following. They oppose federal a