Scam Archives - DR News - News, Retirement, Finance

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 …

Fraudulent Mobile Woman Guilty of Social Security Scam, Faces Prison Time

Mobile, Alabama – In a courtroom in Mobile, a local woman has admitted to deceiving the Social Security Administration. Cheryl Bradley pleaded guilty on Wednesday to providing false information about her marital status when applying for disability benefits, leading to over $88,000 in overpayments from 2007 to January 2023. Bradley’s deception was uncovered when her husband also sought benefits last year, revealing conflicting information about their marriage history. While the couple claimed to have been …

Scam Alert: Social Security Email Targeting Seniors Raises Concerns

Camden, New Jersey – Social Security recipients and applicants are being targeted by a scam email that has been circulating recently. The email, under the guise of “Update: New Terms and Conditions for Your Account,” aims to deceive unsuspecting individuals into providing personal information. The email, purportedly from the “SSA Application Analytics Team,” raises several red flags upon closer inspection. Impersonating the Social Security Administration, the email contains various spelling and grammatical errors typical of …

Social Security Scam: Florida Pastor Allegedly Stole Dead Person’s Benefits for Over a Decade

Miami, Florida – A Florida pastor from Greater Sweetfield Missionary Baptist Church in Miami’s Coconut Grove is facing criminal charges for allegedly collecting Social Security entitlements belonging to a deceased individual for more than a decade. The pastor, Michael Gene Bryant, is accused of theft of government funds and making false statements to a federal agency after he continued to claim and utilize the Social Security benefits of his deceased friend following their passing in …

Investment Scam Linked to Gina Rinehart Leaves Queensland Retiree Penniless – Zuckerberg Faces Backlash

Brisbane, Australia – A retiree from Queensland has faced devastating losses after falling victim to an investment scam that exploited the image of prominent mining magnate Gina Rinehart on Facebook. The retiree, identified as Gary, shared his harrowing experience of being lured into the fraudulent scheme through deceptive online advertisements featuring well-known personalities like Rinehart, Twiggy Forrest, and Clive Palmer. The orchestrated scam enticed Gary with promises of substantial returns on a minimal initial investment, …

Compensation: Women Deserve Payouts for ‘Waspi Sting’ Scam

Chicago, Illinois – A recent report has shed light on the impact of changes to the state pension age on women, revealing that many are now seeking compensation for what they believe they are owed. Dubbed the “Waspi sting,” this issue has left many women feeling as though they have been scammed by the government. The report highlights the chaos and confusion that ensued following the changes to the state pension age, with many women …

Social Security Scam: Freeport Woman Charged in $48K Theft from Deceased Grandmother’s Account

Hempstead, New York – A Freeport woman, Alexandria Sobrane, 46, has been charged by Nassau County prosecutors for allegedly embezzling over $48,000 in Social Security benefits from her deceased grandmother’s account. The incident involved cashing checks meant for her grandmother, Hannah Sobrane, who passed away in 2008 after receiving benefits under the pen name Babe Power. Prosecutors revealed that Alexandria continued to cash these checks at a local grocery store, amounting to the substantial sum …

Social Security Beneficiary Faces Confusion Over Alleged Overpayment Scam

New York, USA – A Social Security recipient in New York found themselves in a bewildering situation after being accused of receiving overpayments from the Social Security Administration. Despite not working for nine years, they were requested to repay a staggering amount of $15,000, sparking confusion and disbelief. The individual’s ordeal began when they received a letter from the Social Security Administration claiming they had received excess funds. Puzzled by the accusation, the recipient questioned …

Phone Call Scam Alert: Social Security Beneficiary Warned to Watch Out for Fraudulent Calls

Washington, D.C. – As the cost of living continues to rise, it’s essential for individuals, especially those on fixed incomes, to be vigilant against potential scams targeting their financial security. Recently, a concerned viewer reached out to a local news station about a suspicious phone call promising additional Social Security benefits. The viewer, named Kenneth, questioned the legitimacy of the call, wondering why the Social Security Administration had not officially notified him if he was …

Devoted Teacher Angie Olson, 78, Overcomes Retirement Scam to Continue Impacting Lives at Freedom Elementary

WEST FARGO, N.D. – Angie Olson, a 78-year-old teacher, has dedicated her life to educating children in the local community. Despite retiring in 2015, she found herself back in the classroom, pursuing her passion for teaching. Her journey began on a farm near Brampton, where she was inspired by her teacher, Presentation Sister Olivia. Olson’s interest in becoming a nun led her to spend five years at a convent, contemplating a religious life like her …