New York AG Warns Seniors of Financial Scam Using Calls, Texts and Emails
New York Attorney General Letitia James (D) warned older residents Wednesday of a three-part scam targeting individuals' bank and retirement accounts. James said the scam, known as "Phantom Hacker," is targeting individuals by either call, text or email, claiming their…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
account was hacked. The campaign is in three steps, James noted: First, a victim receives a call, text or email instructing them to contact a customer service phone number. Then, a new caller claiming to be the individual's financial institution contacts them. Finally, another scammer may impersonate a government agency to "lend legitimacy to the prior two phases," said a news release. More than $1 billion has been stolen since 2024 from individuals "nearing or over their retirement age."