By Brett Peruzzi, Associate Editor
The con artists of times past haven’t gone away; they’ve just gone online. And older adults are increasingly becoming victims of Internet fraud, also known as cyber scams.
What it is
The FBI defines it as “the use of Internet services or software with Internet access to defraud victims or to otherwise take advantage of them.” Nearly 800,000 complaints were received by the FBI’s Internet Crime Complaint Center last year, resulting in over $4 billion in losses. At least $650 million is from online fraud committed against older adults, and the real cost is likely much higher, because many crimes are not reported, often out of fear of embarrassment or loss of independence.
“Senior citizens, like all groups in our communities, are impacted by cyber scams,” said…