The US Federal Bureau of Investigation (FBI) is currently warning of a three-phase fraud scheme that uses tech support, bank, and government impostors to target elderly victims. A cybersecurity expert warns of a scam that has been used to drain entire life savings or retirement accounts has become "devastating" for seniors.
The FBI in Los Angeles on 15 July posted a reminder on X about the Phantom Hacker Scam, which has cost Americans over $1 billion since at least 2024, according to the agency