A new report by the FBI finds elder fraud has reached a record high, including in Colorado. Nationwide, more than 200,000 Americans over age 60 reported fraud last year, with losses of nearly $8 billion — a 37% increase over 2024. In Colorado, more than 3,000 seniors filed complaints, with losses of nearly $75 million. Debbie Fox is among them. In October of 2023, she met a man online and began video chatting with him. She knew people weren’t always who they pretended to be, so she did her homework.

She found his personal and professional websites, asked to see his passport, and verified his business registration. His story appeared to check out, but she soon learned it was all an elaborate ruse to steal $48,000. “With a signed loan agreement and a bank letter of loan guarantee in hand I withdrew money from my retirement account, transferred it to my U.S. Bank account and wired it as directed to the bank account of a registered a business in Florida,” Fox said. She realized too late it was a scam.

Source: State lawmakers bring bill to protect older Coloradans from financial scams costing millions of dollars – CBS Colorado

For You are my rock and my fortress; Therefore, for Your name’s sake, Lead me and guide me.
Psalm 31:3

Batch of Anti-Anxiety Drug Xanax Recalled Over Safety Concerns

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Gunman armed with ‘AR-style pistol’ tackled by security after entering Aetna’s Connecticut headquarters

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