Financial scams targeting older adults are becoming more advanced, according to research from Florida State University’s College of Criminology and Criminal Justice. Many of these scams now use artificial intelligence (AI), increasing risks for seniors. Older adults are considered vulnerable due to factors like cognitive decline, social isolation, and major life changes.
A recent article in Scientific American, co-authored by FSU’s Thomas Blomberg and Julie Brancale, examines how AI-driven scams are deceiving older adults. Blomberg notes that scammers often target seniors because they are seen as more trusting and sometimes have more financial resources. This makes them frequent targets for fraud.
Julie Brancale studies financial exploitation among older adults. She highlights the importance of education and skepticism in preventing scams. Brancale recommends that seniors stay informed about new scam tactics, as scammers often update their methods and use technologies like AI-generated voice calls…