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An 80-year-old was scammed out of $285,000. His computer was accessed remotely, and his money turned into cryptocurrency.

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An 80-year-old man was scammed out of $285,000 when fraudsters remotely accessed his computer and transferred his money to a cryptocurrency account; he has filed a negligence claim against Charles Schwab for failing to prevent the theft. This highlights the need for financial institutions to enhance security measures to protect elderly clients from sophisticated scams.

Read the full article at Business Insider

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An 80-year-old was scammed out of $285,000. His computer was accessed remotely, and his money turned into cryptocurrency.

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