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Transcripts For CSPAN3 Hearing On Preventing Scams Against The Elderly 20221118

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

Transcripts For CSPAN3 Hearing On Preventing Scams Against The Elderly 20230104

voting fraud and scams 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 among the following. they will pose as federal and state agencies to steal benefits. they will falsify romantic relationships to gain a seniors trust. and, by way of a third example, they will pedal fake health insurance and cures for the virus. scammers are also using new payment methods making losses difficult to trace. the federal trade commission reports that gift cards are the main payment method used by scammers to request and steal money from older adults. in 2021, 27% of adults 60 and older who lost money paid a scammer using a gift card or a reloadable card. peer to peer payment apps like zelle, venmo, cashapp, and paypal are all increasingly used by scammers. t

Transcripts For CSPAN3 Hearing On Preventing Scams Against The Elderly 20221129

Transcripts For CSPAN3 Hearing On Preventing Scams Against The Elderly 20221129
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Transcripts For CSPAN3 Hearing On Preventing Scams Against The Elderly 20221129

the hearing will come to order. we convene today to discuss a topic of the utmost importance to the aging committee. voting 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 counters who will do the following. they oppose federal and state agencies to steal benefits. they will falsify romantic relationships to gain seniors trust. and, by way of the third example, they will pedal fake health insurance and hears for the virus. scammers are also using new payment methods making losses difficult to trace. the federal trade commission to ports that gift card to the main payment method used by scammers to request and steal money for more adults. in 2021, 27% of adults 60 and older who lost money paid a scam or using a gift card order relatable card. punitive p

Transcripts For CSPAN3 Hearing On Preventing Scams Against The Elderly 20221128

c-span s tv networks and c-span, radio plus a variety of compelling podcasts. c-span i was available at the apple store and google play. download it for free today. c-span now, your front row seat to washington. anytime, anywhere. 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. the hearing will come to order. we convene today to discuss a topic of the utmost importance to the aging committee. voting 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 counters who will do the following. they oppose federal and state agencies to steal benefits. they will falsify romantic re

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