Rhode Island Seniors Lose $3.4 Billion to Scams

Recent reports highlight a growing wave of scams targeting seniors across North America, with Massachusetts, Canada, and Rhode Island issuing warnings to protect retirees. In Massachusetts, Ben Simmoneau educated retirees on scam avoidance strategies, emphasizing the importance of freezing credit and recognizing red flags in potential scams. Meanwhile, Guelph authorities alerted residents about fraudulent texts claiming problems with pension payments, urging recipients to ignore these messages. In the UK, the Information Commissioner's Office fined two companies for harassing vulnerable individuals with unsolicited calls, causing significant distress. AARP Rhode Island reported that over 100,000 seniors lost $3.4 billion to scams in 2023, with AI technology increasingly being exploited to mimic voices of trusted individuals. Officials advise seniors to be cautious, never divulge personal information over the phone, and report any suspicious activity to authorities.