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SEE IT: Lavish $35M mansion bought by tech CEO accused of feeding US gear to Iran's nuclear machine
A dual U.S.-Iranian citizen accused of helping Iran's military and nuclear program obtain sensitive American technology used millions of dollars in illicit proceeds from the scheme to fund the construction of his Newport Beach mansion, federal prosecutors said Wednesday. Jamshid Ghomi, 63, an Iranian-American businessman who lives in Newport Coast, California, was charged with conspiracy to violate U.S. sanctions laws by supplying export-restricted American networking, security and...
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Americans 60 and older filed 201,266 complaints with the FBI's Internet Crime Complaint Center in 2025 and reported $7.7 billion in losses, the highest total of any age group. The average loss for older victims was nearly $38,500, almost double the figure for younger filers. The Federal Trade Commission's December 2025 report to Congress estimated that the overall cost of fraud to older adults in 2024 ranged from $10.1 billion to $81.5 billion, depending on how underreporting is measured.
Your senior parents are easier to impersonate than you are
Americans 60 and older filed 201,266 complaints with the FBI's Internet Crime Complaint Center in 2025 and reported $7.7 billion in losses, the highest total of any age group. The average loss for older victims was nearly $38,500, almost double the figure for younger filers. The Federal Trade Commission's December 2025 report to Congress estimated that the overall cost of fraud to older adults in 2024 ranged from $10.1 billion to $81.5 billion, depending on how underreporting is measured.
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