Loses

Overpayment Nightmare: Social Security Recipient Loses Home After Owing $121,000

Miami, Florida – A Florida retiree found herself in a dire situation after being hit with over $121,000 in Social Security overpayments, leading her to lose her home. This unfortunate incident sheds light on a broader issue affecting millions of Americans who receive Social Security benefits. The Social Security Administration has come under scrutiny for overpaying billions of dollars to beneficiaries every year. Despite its role as a safety net for retirees, the program has …

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Retired Teacher Loses RM1.2mil in EPF Savings to Cryptocurrency Scam

ALOR GAJAH, Malaysia: A 70-year-old retired teacher from Alor Gajah has fallen victim to a cryptocurrency investment scam, losing a staggering RM1.2 million of her hard-earned Employees’ Provident Fund (EPF) savings. The scam unfolded when the teacher joined a social media group that lured her in with promises of high returns on her investment. The victim, who had kept her EPF savings in the bank since retiring, was enticed by the prospect of multiplying her …

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Scammed Australian Loses Retirement Nest Egg in Million-Dollar Inheritance Con by Impersonators

A Melbourne, Australia, man recently fell victim to a devastating scam that wiped out his retirement savings in just the blink of an eye. Renato Calalang, a 60-year-old resident of Melbourne, had diligently saved close to $150,000 for his retirement when he received an email from someone claiming to be the owner of a bank in his native Philippines. The email, allegedly sent by a person named Steve Golds, informed Calalang that a cousin of …

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