The Federal Bureau of Investigation is warning people that there has been an increase in “Phantom Hacker” scams that are targeting senior citizens and taking all of their bank savings.
During this scam, people pretend to be with tech support, a financial institution, and the government so victims can trust them, and they can find the largest accounts to go after.
“Between January and June 2023, 19,000 complaints related to tech support scams were submitted to the FBI Internet Crime Complaint Center , with estimated victim losses of over $542 million. Almost 50% of the victims reported to IC3 were over 60 years old, comprising 66% of the total losses. As of August 2023, losses have already exceeded those in 2022 by 40%,” the FBI said in a news release.1.
3. The scammer will ask the victim to check their financial accounts to see if there have been any unauthorized charges. This will help the criminal learn what account possibly has the most funds. The scammer then tells the victim they will get more information from the financial organization or bank that keeps the funds of that account.1. A scammer that is pretending to be a representative of a financial institution from phase one will reach out to the victim.
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