US Senate Aging Panel Tackles AI Scams 

Published in RINewsToday on August 3, 2026

Artificial Intelligence (AI) is no longer just changing how we work and communicate. It is rapidly transforming how criminals steal money from older Americans. Last week, the U.S. Senate Special Committee on Aging examined how AI-generated scams—from cloned audio to realistic deepfake videos—are creating an alarming new wave of fraud powered by artificial intelligence.

The afternoon hearing in room SD-562 dealt with AI-driven scams and financial exploitation. Since AI was introduced, the world of scams has changed significantly because criminals can now produce highly convincing deepfake videos and imitate voices with very little effort or technical knowledge, making them even harder to detect.

Taking a Closer Look at Computer-Generated Scams

The 83-minute hearing, held on Wednesday, July 29, featured testimony from victims who experienced devastating voice-cloning and deepfake fraud, medical professionals whose identities were weaponized, and experts from banking, cybersecurity, and consumer protection sectors who offered suggestions on combating it.

Scams have advanced far beyond annoying phone calls and deceiving emails,” says Chairman Rick Scott (R-FL) in his opening remarks.  “AI can also be used to clone someone’s voice, a terrifying development that has been used in heartbreaking and evil ways to impersonate a loved one and deceive their family,” he says.

The Florida senator cautions that scams, fraud, and financial exploitation are now the main problem confronting seniors across the country. “With the development of AI, scammers have obtained new tools for carrying out their criminal activities, and we need to adjust our response to these emerging threats,” he stated.

Like Scott, Ranking Member Kristen Gillibrand (D-NY) expressed concern about the use of AI in scamming older adults.  “By making it easier for bad actors to clone voices, fabricate images, and deceive targets, AI has facilitated an alarming rise in financial scams that rob our seniors of their hard-earned savings and personal information,” she said.

To combat the growing threat of technology-assisted fraud and scams, Senators Smith and Gillibrand called for strengthening the federal government’s ability to crack down on scammers and for Congress to pass legislation to promote the responsible development of AI.

 Personal Stories, Calls on Congress to Tackle Issue

Dr. David Amron, the founder and medical director of the Roxbury Institute in Los Angeles, California, and founder and chair of the Lipedema, told lawmakers how he discovered that scammers in the summer of 2025 had taken real footage from his YouTube channel and combined it with digitally fabricated likenesses and the voice of a colleague as well as AI generated celebrity images and stolen media logos, to create a polished advertisement that appeared to be entirely legitimate.

Dr. Amron, who has treated patients with lipedema for more than three decades, testified that his office began receiving calls from people who watched a convincing video showing him endorsing a so-called “miracle” lipedema cream. Several had already purchased the product before realizing it was fraudulent.

Even after an 11-day battle with Meta, a Today Show investigation ultimately led to the removal of the fraudulent video. Dr. Amron’s frustration was that it kept resurfacing, underscoring how persistent and difficult it is to remove AI-enabled fraud schemes.

“The consequences extend far beyond financial loss,” remarked Dr. Amron, noting that patients may delay getting needed medical care to treat a progressive disease (like lipedema), placing their trust in unproven products and fraudulent services.

During the hearing, Dr. Amron urged lawmakers to strengthen protections against computer-generated impersonations, improve accountability for those who create and distribute them, and ensure laws keep pace with AI technology.  He argued that pressure must be placed on platforms that host fraudulent content, stating they “have to have consequences.”

While Dr. Amron described how criminals easily use technology-assisted fraud to exploit public trust in medical professionals, the next witness described how voice cloning took a devastating emotional toll on her family.

Deborah Del Mastro, a Martinez, California resident, recounted a phone call she received last May during breakfast.  This cloned call of her daughter crying and apologizing, from an unrecognized phone number, began a five-and-a-half-hour ordeal.

“I am usually very, very calm and collected in the face of crisis,” Mastro  told the Senators, noting that she is always the person who “runs to the fire, now away from it.” She was totally convinced that she heard her daughter’s voice.

The veteran, living on a Social Security check and performance income made from acting and singing, with Mastro and her husband pulling a total of $ 5,400 cash from four separate transactions from MoneyGram and Western Union to send to Mexico.

Local police told Mastro that the “ransom” funds are unrecoverable.  A detective told her that he “sees these by the hundreds.”

Education is key to protecting people from AI scams, asserts Mastro, telling the Senate panel that there is an absence of publicly available resources on how to protect yourself from AI-driven scams as opposed to the abundance of resources on how to use the emerging technology.

Financial institutions are also witnessing the rapid evolution of AI-driven scams.  Paul Benda, the Executive Vice President for Risk, Fraud, and Cybersecurity of the American Bankers Association (ABA), describes how criminals are using AI to expand the scale and sophistication of traditional scams.

Benda, who chairs the ABA Fraud Coordination Group, reframes the new, evolving  AI-driven scams not as a story of misused technology but as an industrial one.

 “Generative AI is not replacing traditional scams. It is industrializing,” Benda asserts.

 Benda explained that criminals are now using chatbots to initiate conversations before seamlessly handing victims off to human scammers once they become engaged. A survey of 14 large banks found that bank impersonation scams rose 150% from 2024 to 2025, Banta said, illustrating this growing threat.

Benda encouraged Congress to establish a national office for scams and fraud prevention, describing it as necessary to provide clear and national leadership to attack this problem.  He also called for stronger telecom safeguards to keep criminals off calling networks and to restore trust in caller ID. He argued that if a name and number appear on caller ID, the telecom provider should be held accountable if it is accurate.

At this point, the hearing turned from personal and industry experiences to the broader cybersecurity challenges posed by this rapidly advancing technology.

Cybersecurity expert Matthew F. Ferraro, a Partner at Crowell & Moring LLP and a former official at the Department of Human Services, personally testified at this hearing, noting that his views do not represent his firm or clients.

Ferraro argued that “deepfakes can supercharge scams and cyber frauds, especially targeting senior citizens.”  According to an industry report, financial losses from deepfake-enabled fraud exceeded $200 million in the first quarter of 2025.

Citing another study, Ferraro further illustrated the cost of AI-generated fraud. Consulting firm Deloitte expects that generative AI could enable fraud losses to reach $40 billion in the United States by 2027, he said.

In his testimony, Ferraro pointed out a successful national educational model to combat AI scams.  Finland has integrated media literacy and AI-media spotting training into educational programs for both young and old.

Ferraro urged lawmakers to promote AI detection tools and provenance technology that tags media as human-created or AI-generated, comparing the potential to email spam filters operating in the background.

Ferraro concluded that stronger coordination among federal and state governments, law enforcement, and the private sector is essential for policymakers to successfully attack this problem and stay ahead of increasingly sophisticated fraud operations.

Holding Big Tech Accountable

While several witnesses focused on prevention and consumer education, another argued that Congress must also hold technology companies more accountable.

“I want to be clear that the devastating deception we’re seeing is not a result of technological ineptitude for older users…but rather a crisis emboldened by the biggest tech companies we know paired with a failure to rein them in,” charges Ben Winters, Director of AI and Privacy at the Consumer Federation of America.

 “This is not an issue of personal responsibility, but something Congress is uniquely positioned to address,” says Winters.

Winters urged Congress to reject any legislative proposals that would prohibit states from regulating technology or limit tech company liability – characterizing such proposals as being “pushed by tech companies right now.”

Winters also recommended passing comprehensive data privacy laws with data minimization requirements and bans on the sale of sensitive data – specifically citing the practice of selling lists of people battling Alzheimer’s for targeting purposes as something that must be prohibited.

Winters supported the other witnesses’ call for sustained oversight of enforcement agencies to ensure that the federal government remains totally focused on upstream prevention of scams – “choking out the scam upstream, not just chasing individual scammers after the fact.”

The hearing also underscored that no family, not even a U.S. Senator’s family, is immune from these increasingly convincing scams.

Senate Aging Committee Member, Sen. Tommy Tuberville (R-AL) disclosed that his mother-in-law was scammed by a voice clone impersonating his granddaughter, sending $10,000 to someone claiming to be stranded in Europe.

Report Sheds Light on AI-Driven Scams, Impact

At this hearing, Chairman Scott (R-FL) and Ranking Member Gillibrand released a joint report: Artificial Intelligence & Older Americans: Confronting New Threats, Unlocking New Opportunities. The document details both the potential benefits of AI and the unique financial risks it poses to older Americans.

The 25-page report cited research, shedding light on the negatives of this emerging technology. Americans reported nearly $21 billion in cybercrime losses in 2026, with $893 million tied to AI-enabled scams across more than 22,000 complaints. More than 82 percent of phishing emails are now created with the help of AI.

Recognizing warning signs early can potentially prevent huge financial losses from AI-enabled fraud. Any unsolicited contact by phone, text, email, or social media should be treated with immediate skepticism, regardless of how professional it looks or how urgent its message appears, the report warns.

Slow down and pause before acting, the report recommends. Review your financial accounts regularly for unauthorized transactions and set up transaction alerts through your financial institution.  For protection, the report notes that the Federal Trade Commission recommends placing a free credit freeze on all three major credit card bureaus.

Any payment requests can be a red flag for a scam. Any request for payment by gift card, wire transfer, cryptocurrency, or cash is a clear indicator of fraud, the report notes.

AI-simulated threats using deepfakes and voice cloning can replicate a loved one’s voice or image to perpetrate financial fraud.  The report suggests that a family code word or verbal safe phrase be used to verify the identity when a family member appears to be calling in.  AI voice cloning or deepfakes.

Finally, the Senate Aging Committee report stresses the importance of reporting fraud, recommending that victims contact the AARP Fraud Watch Network Helpline at 877-908-336.

On a positive note, older persons using AI company devices experienced a 95 percent drop in feelings of loneliness, along with substantial gains in overall well-being. This technology can also potentially reduce preventable adverse drug reactions, lower hospitalization costs, and improve the quality of life of millions of older persons managing multiple chronic conditions.

Increased efficiency through the use of AI scribes saves physicians time on administrative paperwork, increasing productivity and allowing them to spend more quality time with their older patients.

Meanwhile, AI use in clinical decision-making can improve sepsis detection, improve cancer diagnosis, and help the physician understand multiple drug interactions, all of which have a significant impact on providing care to older adults.

Finally, the report notes that AI use to reduce falls, to track vital signs, medication adherence, sleep patterns, and activity levels can help older adults age in place.

As lawmakers continue debating how best to regulate AI, one message clearly emerged repeatedly during the hearing: technology will continue evolving, but awareness remains the strongest defense. For older Americans, taking a moment to verify an unexpected phone call, text, or email may well be the simplest—and most effective—way to avoid becoming the next victim.

To watch the Senate Aging Committee AI hearing, go to https://www.aging.senate.gov/hearings/the-ai-deception-machine-deepfakes-chatbots-and-the-new-frontier-of-senior-fraud

To read the Joint Senate Aging Committee AI report, go to FINAL VERSION AI Report.

Senate Aging Committee: Mandatory Arbitration in Age Bias Cases

Published in RINewsToday on September 8, 2025

Chairman Rick Scott (R-FL) and Ranking Member Kirsten Gillibrand (D-NY) of the U.S. Senate Special Committee on Aging recently held a full committee hearing titled ‘Protecting Older Americans: Leveling the Playing Field for Older Workers’ in SD-106 at 10:30 a.m., shining a spotlight on the harmful impact of age discrimination which is viewed as pervasive and damaging to the nation’s economy.  The intent of this hearing was to raise public awareness about how it results in the potential loss of legal rights of older workers through the legalese in employment contracts, requiring mandating arbitration.

According to a 2024 AARP survey, the vast majority of older workers have reported witnessing age discrimination. The survey found that 64% of older workers have either seen or experienced age discrimination in the workplace.  Additionally, the findings indicated that, more than 1 in 5 older Americans said that they worried that they were being pushed out of their job because of their age. This comes as Americans have started working later in life, with workers who are over 75 years old becoming the fastest growing age group in the workforce

After calling the hearing to order, Chairman Scott stated, “Age discrimination isn’t just wrong, it’s stupid. I’m a business guy, and I can tell you that looking at someone’s age instead of the value they bring to an organization makes no sense. You can’t run a business or government that way and we need to make sure it’s not happening to American seniors.”

Opening the hearing, Chairman Scott stressed that work provides purpose and fulfillment. “Having a purpose is an essential part of the American Dream, and it has long been an indicator of both mental and physical well-being across all age groups,” he said, noting that research findings indicate that “older workers who remain engaged, experience greater physical health, mental resilience, and life satisfaction.”

“We need to make sure Americans of all ages have the opportunity to work and pursue their dreams by stopping age discrimination and removing the red tape and barriers that hamper or discourage older Americans from continuing work or starting new businesses or careers,” Chairman Scott told the Senate Panel.

The economic and overall well-being of older Americans was at the center of the Sept. 3 hearing, which brought the issue of age discrimination in the workplace to the forefront with a growing number of older workers being denied employment, being passed over for promotions, or just being fired because of their age. The discussion, led by Ranking Member Gillibrand, took a close look at a major legal barrier for victims of age discrimination, the forcing of mandatory arbitration clauses in employment contracts.

“In a time when the population of older Americans is growing and many are returning to the workforce, we need to make sure that those who face age discrimination can have their day in court,” says Ranking Member Gillibrand in an opening statement. “Victims of age discrimination often can’t seek justice or accountability in court because of a forced arbitration clause that they signed when they were hired,” she said, noting that many of these individuals are not even aware that their employment contract contains  a forced arbitration clause.

According to Gillibrand, the contract “traps those who experience workplace discrimination in a system that advantages their employer — preventing them from seeking information that could help to prove their case. And victims are left in the hands of an extrajudicial arbitrator who is often selected by their employer and not always a trained lawyer,” she says.

At this hearing, witnesses also called this practice “fundamentally unfair” that suppresses age discrimination claims, favors employers and hides misconduct from the public, effecting blocking older workers from their seventh Amendment constitutional rights to a jury trial without their full consent.

Bill Restores Right to Sue for Discrimination

During the Senate panel hearing, Ranking Member Gillibrand called for the passage of a bipartisan legislative proposal, S. 2703, entitled the Protecting Older Americans Act, which she introduced alongside Sens. Lindsey Graham (R-SC), Dick Durbin (D-IL), and Chuck Grassley (R-IA) to protect seniors facing age discrimination at work. This common-sense legislation, introduced the day of the hearing and referred to the Senate Judiciary Committee, would invalidate forced arbitration clauses that prevent age discrimination victims from seeking justice and public accountability, ensuring that seniors can file their cases in court.

According to a statement released by Gillibrand, the bipartisan proposal would allow those who have experienced age discrimination the option to file their case in court if they choose, even if they previously signed a forced arbitration clause. It gives them a voice in the process and the ability to seek justice.

But, if employees decide, though, that they would like to pursue arbitration when they have faced age discrimination, they can. The point is that employees will now have a choice. The crux of the issue is that despite the fact that workplace age discrimination is categorically illegal, and that Congress has already passed laws to protect older Americans from it, forced arbitration clauses subvert justice, noted the statement.

Meanwhile, several witnesses drew parallels to the successful Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021, signed into law in 2022 by President Joe Biden, which ended forced arbitration in cases of sexual harassment and assault. They argued that fears of excessive litigation following its passage were unfounded. The discussion also identified other policy barriers facing older workers, pointing to the Social Security’s retirement earnings test, that was identified as a disincentive that discouraged older workers from remaining in the workforce.

Targeting Hidden Job Contract Barriers

The hearing, featuring testimony from expert witnesses, including representatives from the Washington, D.C. based AARP—the nation’s largest aging advocacy group with 35 million members—a former Fox News journalist, an academic, and a conservative policy foundation, emphasized the importance of creating equal opportunities for older workers, especially as the nation’s population continues to age and many choose to continue working later in life.

Witnesses at this hearing shared insights on the specific challenges faced by seniors in the workplace and discussed how employers, communities, and lawmakers can take action to protect older workers.

Throughout the hearing, lasting over an hour, these witnesses warned that age discrimination has become widespread and an economically damaging problem that financially and emotionally harms older Americans.  Older workers contributed positively to America’s businesses and to the economy by bringing their life-long work experience, and mentorship to younger workers to the workplace, they stressed.

“Talk to older job seekers and they’ll tell you they hear things in interviews like you’re overqualified. We’re looking for a digital native or a more energetic candidate. This is undermining the financial stability of too many capable Americans,” said Nancy LeaMond, Chief Advocacy and Engagement Officer for AARP.

LeaMond stressed that age discrimination was a pervasive issue, with nearly two-thirds of workers over 50 having seen or experienced it. She highlighted the severe economic consequences, noting it cost the U.S. economy $850 billion annually (a figure projected to reach nearly $4 trillion by 2050) and was particularly damaging for the many older Americans who lacked adequate retirement savings and needed to continue working.

Often because of necessity or choice, older Americans need to work, says LeaMond. Federal Reserve data indicated that 54% of households had no retirement savings, underscoring the financial need for many older Americans to work longer, she said.

The impact on losing a job for an older worker can be profound, notes LeaMond. She cited an Urban Institute Study that found that about half of workers in their early 50s experience involuntary job loss that sharply reduces earnings forcing them into long-term unemployment – something that older workers face at higher rates than younger peers.

While AARP endorses Ranking Member Gillibrand’s bipartisan proposal, S. 2703, she also called for passage of Senators Tammy Baldwin (D-WI) and Grassley bill (R-IA),  S. 1820, The Protecting Older Workers Against Discrimination Act. Representative Robert C. “Bobby” Scott  (D-VA) has introduced H. 3522, the House companion measure.

Witness David Horton, Professor of Law at the University of California, Davis, with a specialty in arbitration law and contracts, argued that forced employment arbitration in wrong doings, such as age discrimination, was not consensual, as employees had no real choice when accepting a job. “Studies confirm what our intuition tells us: workers are bombarded with information, their eyes glaze over at the legalese, and very few realize that they are surrendering their right to access the courts,” he testified.

Horton further explained that arbitration had systemic flaws that disadvantaged employees, such as the “repeat player” problem where arbitrators have a financial incentive to favor employers, and the inability to bring class-action claims. Horton, who holds the Fair Business Practices & Investor Advocacy Endowed Chair, concluded that forced arbitration’s purpose was not to resolve disputes, but to suppress them.

Meanwhile, witness Gretchen Carlson, a former Fox News journalist who is co-founder of the non-profit Lift Our Voices, shared her personal experience and her successful advocacy to pass the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act. She argued that the fears of a “slew” of lawsuits following that bill’s passage did not happen, and she believed the same would be true for the Protecting Older Americans Act. She framed the issue as a fundamental matter of the ”freedom of choice” and restoring workers’ Seventh Amendment right to a jury trial.

“In my unscientific study…over nine and a half years, “the vast majority say that when they’re forced into arbitration, never work in their chosen profession ever again… there’s a myriad of problems here, but to me, forced arbitration is the evil,” said Carlson.

Speaking Out Against Outdated Policies

Witness Rachel U. Greszler, Senior Research Fellow at the Heritage Foundation, focused on the older worker’s value and impact on the economy and society.  She identified public policies, primarily Social Security’s retirement earning test, calling it an outdated policy that would discourage work for older workers.  She also criticized regulations on independent contractors that limited flexible part-time work opportunities for older workers.

The testimony at this hearing, combining expert observations with personal stories, is intended to raise public awareness and increase political pressure on a divided Congress to act in protecting the legal rights of older workers from age discrimination hidden in the very fine print of employment contracts.

To watch the hearing, go to https://www.aging.senate.gov/hearings/protecting-older-americans-leveling-the-playing-field-for-older-workers

Fraud Schemes Targeting Older Adults: Senate Aging Committee Sounds Alarm

Published in RINewsToday on July 21, 2025

“Congratulations! We are pleased to inform you that you are one of our lucky winners,” read the letter.

The official-looking correspondence—purportedly from the desk of the Vice President, International Promotions/Prize Award Department of Publishers Clearing House (PCH)—continued:

“On behalf of the members and staff of PCH, the Association of North America Lottery, and Provincial Sweepstakes, we sincerely congratulate you on your grand prize winnings of $750,000… Please contact your claims agent to arrange method of payment.”

Enclosed was a check, appearing legitimate, allegedly issued by Northern Fairfield Insurance (NFI) of Danbury, Connecticut, from a Webster Bank account, in the amount of $9,700.65.

According to the letter, the check was intended to help cover taxes, handling, and processing fees related to the prize.

Northern Fairfield Insurance, established in 1998, is a small firm with just three employees, including its owner, Jim Ostrove. Nearly two weeks ago, Ostrove began receiving calls—mine among them—asking whether the PCH letter and enclosed check were legitimate.

“The volume has tapered off by the day,” he admits, noting that “we’re no longer receiving any calls.”

A quick call to NFI confirmed my suspicions: the letter, marked “Confidential,” was a scam. In conversation with Ostrove, he said, “I felt violated and angry.”

Concerned, Ostrove contacted Webster Bank—the financial institution listed on the counterfeit check—to confirm that no account had been set up in his company’s name. The bank quickly verified this, noting that the check’s routing number was invalid and had no connection to a legitimate account. “Looking closely at the PCH check, I also realized that the name of my insurance company was misspelled,” Ostrove added.

Ostrove says the bank’s fraud unit was very helpful and confirmed the check was fake. His concerns about any potential financial fallout for his business were eased, he says.

Although Ostrove filed a police report, he had no real expectation that the scammers would be caught. “I just wanted the report on file in case someone came forward about the reward and tried to hold me financially responsible,” he said.

“My report made it very clear that I was a victim of fraud,” he emphasized.

According to the Federal Trade Commission, victims reported nearly $350 million in losses to prize, sweepstakes, and lottery-related scams in 2024.

Like me, the Better Business Bureau estimates that tens of thousands of individuals will receive similar scam mailings in 2025—complete with fake prize notifications, counterfeit checks, and fraudulent requests for payment or personal information. The actual number of victims may be much higher, as many incidents go unreported.

Senate Aging Committee Puts a Spotlight on Scams and Financial Exploitation

On Feb. 12, 2016, the U.S. Senate Special Committee on Aging announced the publication of its first full-year Fraud Book,” Protecting Older Americans Against Fraud, covering the period from January 1 to December 31, 2015. These annual reports aim to raise awareness about the growing number of fraud schemes targeting older Americans and provide specific recommendations to combat them.

The latest, published just recently, is a 40-page multi-language annual report, Age of Fraud: Scams Facing Our Nation’s Seniors (Report No. 119-35 of the 119th Congress), and was released on July 10, 2025. It highlights the many forms of fraud—including grandparent scams, tech support fraud, financial service scams, travel and timeshare fraud, romance scams, and government impersonation schemes.

“These schemes often target emotional vulnerabilities, particularly among seniors facing loneliness, isolation, or depression,” note Chairman Rick Scott (R-Florida) and Ranking Member Kirsten Gillibrand (D-New York) in a statement announcing the newly released report.

The 2025 bipartisan report outlines the growing financial threats facing aging Americans and ways for seniors to identify red flags that provide warnings of scams, suggests practical tips on how to protect themselves, and how to report scams. This year’s edition underscores the alarming rise in sophisticated schemes, particularly those utilizing artificial intelligence (AI). In 2024 alone, fraud and scams cost seniors over $4.8 billion, with those aged 50–59 losing an additional $2.5 billion.

“Across our nation, older Americans are being targeted every day by increasingly sophisticated scams that rob them not only of their hard-earned savings but also of their security and peace of mind. These attacks are personal, and they are unacceptable,” says Scott, stressing that fighting fraud against older Americans will remain a top priority for the Committee.

“Through critical initiatives like National Slam the Scam Day and our toll-free Fraud Hotline, we are expanding access to education, prevention tools, and direct support to empower families to recognize fraud and respond quickly,” he says.

“This report shines a direct light on the scale and severity of the threat we’re facing, and we must be united in our determination to stay vigilant, informed, and proactive in defending our seniors,” adds Scott.

Gillibrand adds, “We must do everything we can to prevent and fight back against these scams, and that starts with monitoring fraud whenever and wherever it occurs. As Ranking Member of the Senate Aging Committee, I’m committed to continuing the fight against fraud, and I hope this Fraud Book is a valuable resource for our aging communities.”

The report serves as a significant wake-up call to Congress. Fraud continues to skyrocket, notes the Committee. Citing FBI data, 2024 was a record year for losses reported to the Internet Crime Complaint Center, totaling a staggering $16.6 billion. There were 859,532 complaints that year—and over 4.2 million complaints over the past five years.

The report also emphasizes that fraud targeting older adults is growing in both complexity and financial impact, making enhanced awareness, education, and robust support systems more critical than ever.

 According to the FBI, from 2023 to 2024:

  • Overall losses increased 33%, mostly due to fraud.
  • Average loss for those age 60 and older rose to $83,000.
  • Reports for this age group increased by 43%.
  • Cryptocurrency-related losses rose by 66%.
  • Complaints involving cryptocurrency kiosks increased by 99%.

To safeguard aging Americans from fraud, scams, and financial exploitation, the Senate Aging Committee has led two bipartisan efforts: one resolution designating March 6, 2025, as National Slam the Scam Day to raise awareness and educate the public about fraud prevention, and another recognizing May 2025 as Older Americans Month. Both efforts aim to inform and protect older adults while reinforcing the committee’s commitment to combating fraud through public education, legislative action, and advocacy for stronger safeguards—ensuring seniors can enjoy their golden years with greater security and peace of mind.

From the Ocean State

According to the 2025 Fraud Report, the Federal Trade Commission reported 11,776 complaints were filed in Rhode Island in 2024.

“Our team tracks patterns of scams reported to us throughout the year,” says Timothy M. Rondeau, Communications Director for the Rhode Island Office of the Attorney General. “This year, we’ve continued to see a wide range of fraudulent actors deceiving Rhode Islanders through romance scams, imposter scams, and scams involving cryptocurrency.”

According to Rondeau, while new scams aren’t necessarily emerging, the tools and methods used are evolving. “AI tools are increasingly used in imposter and romance scams, where AI-generated voices and videos deceive and manipulate victims,” he explains. “While we can’t always confirm AI involvement in each case, we know the use of AI makes it much harder—especially for older adults—to distinguish between real and fraudulent interactions.”

For more information about common scams or to file a complaint, Rhode Islanders can visit: riag.ri.gov/scams

If you or someone you know has been a victim—or suspects they’ve been targeted—please call the Senate Aging Committee’s Fraud Hotline at 1-855-303-9470 (open weekdays from 9 a.m. to 5 p.m. Eastern Time). If you’d like a member of the committee’s team to return your inquiry, please include your phone number in the web form.

Go here to read the Senate Aging Committees 2025 Fraud Report,

The US Dept. of Justice released this information in recognition of Elder Abuse Awareness Day – The Justice Department Highlights Enforcement Efforts Protecting Older Americans from Transnational Fraud Schemes in Recognition of 2025 World Elder Abuse Awareness Day contains specific information on each type of fraud and what the US Government is doing to shut it down.

AARP offers  Tips on Protecting Yourself Against Fraud.

AARP also has a Fraud Watch Network.