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1973

Steven J. J. Weisman

Steven J. J. Weisman testified before the US Senate Select Committee on Aging in November regarding scams targeting seniors and the use of artificial intelligence by scammers. His op-ed on the topic was published on The Hill website. He is of counsel at Margolis Bloom & D’Agostino in Wellesley, MA; a professor at Bentley University in Waltham, MA; author and editor of scamicide.com; and a leading expert in scams, identity theft, and cybersecurity.

       

Recognition: Weisman’s scamicide.com was named by The New York Times as one of the three best sources for information about COVID-related scams; and his book The Truth about Avoiding Scams was named by Smart Money Magazine as one of the ten best money books of the year. Reality of Scams: In 2022, older Americans reported more than $1.6 billion in losses due to scams, which is likely lower than the actual figure because many seniors for a variety of reasons, including embarrassment, shame, or naiveté, fail to report scams perpetrated against them. Common Scams:Investment, lottery, imposter, romance, and grandparent/family emergency. Too Good to Be True?: Weisman warns, “Guaranteed returns should raise red flags. My motto is ‘Trust me—you can’t trust anyone.’”