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South Carolina Lawmaker at Trump Rally Highlights Story of 3-Year-Old Maddie Hines, Killed by Illegal Alien GOP Demands Biden, Harris Launch Probe into Twice-Deported Illegal Alien Accused of Killing Grayson Davis Previously-Deported Illegal Charged With Killing Arkansas Children’s Hospital Nurse in Horror DUI Crash New Data on Migrant Crime Rates Raises Eyebrows, Alarms Thousands of 'potentially fraudulent voter registration applications' Uncovered, Stopped in Pennsylvania Michigan Will Count Ballot of Chinese National Charged with Voting Illegally "It Did Occur" - Kentucky County Clerk Confirms Voting Booth 'Glitch'' Shifted Trump Votes To Kamala Legendary Astronaut Buzz Aldrin 'wholeheartedly' Endorses Donald Trump Liberal Icon Naomi Wolf Endorses Trump: 'He's Being More Inclusive' (Washed Up Has Been) Singer Joni Mitchell Screams 'F*** Trump' at Hollywood Bowl "Analysis: The Final State of the Presidential Race" He’ll, You Pieces of Garbage The Future of Warfare -- No more martyrdom! "Kamala’s Inane Talking Points" "The Harris Campaign Is Testament to the Toxicity of Woke Politics" Easy Drywall Patch Israel Preparing NEW Iran Strike? Iran Vows “Unimaginable” Response | Watchman Newscast In Logansport, Indiana, Kids are Being Pushed Out of Schools After Migrants Swelled County’s Population by 30%: "Everybody else is falling behind" Exclusive — Bernie Moreno: We Spend $110,000 Per Illegal Migrant Per Year, More than Twice What ‘the Average American Makes’ Florida County: 41 of 45 People Arrested for Looting after Hurricanes Helene and Milton are Noncitizens Presidential race: Is a Split Ticket the only Answer? hurricanes and heat waves are Worse 'Backbone of Iran's missile industry' destroyed by IAF strikes on Islamic Republic Joe Rogan Experience #2219 - Donald Trump IDF raids Hezbollah Radwan Forces underground bases, discovers massive cache of weapons Gallant: ‘After we strike in Iran,’ the world will understand all of our training The Atlantic Hit Piece On Trump Is A Psy-Op To Justify Post-Election Violence If Harris Loses Six Al Jazeera journalists are Hamas, PIJ terrorists Judge Aileen Cannon, who tossed Trump's classified docs case, on list of proposed candidates for attorney general Iran's Assassination Program in Europe: Europe Goes Back to Sleep Susan Olsen says Brady Bunch revival was cancelled because she’s MAGA. Foreign Invaders crisis cost $150B in 2023, forcing some areas to cut police and fire services: report Israel kills head of Hezbollah Intelligence. Tenn. AG reveals ICE released thousands of ‘murderers and rapists’ from detention centers into US streets Kamala Harris Touts Mass Amnesty Offering Fast-Tracked Citizenship to Nearly Every Illegal Alien in U.S. Migration Crisis Fueled Rise in Tuberculosis Cases Study Finds "They’re Going to Try to Kill Trump Again" "Dems' Attempts at Power Grab Losing Their Grip" "Restoring a ‘Great Moderation’ in Fiscal Policy" "As attacks intensify, Trump becomes more popular" Posting Articles Now Working Here Another Test Testing Kamala Harris, reparations, and guaranteed income Did Mudboy Slim finally kill this place? "Why Young Americans Are Not Taught about Evil" "New Rules For Radicals — How To Reinvent Kamala Harris" "Harris’ problem: She’s a complete phony" Hurricane Beryl strikes Bay City (TX) Who Is ‘Destroying Democracy In Darkness?’ Status: Not Logged In; Sign In United States News See other United States News Articles Title: Elderly robocall scam victim committed suicide after 'fraudsters' stole life savings Source: [None] URL Source: https://www.foxbusiness.com/feature ... ctim-suicide-stole-life-saving Published: Jul 17, 2019 Author: Fox Post Date: 2019-07-17 20:36:50 by A K A Stone Keywords: None Views: 2100 Comments: 5 he Senate Aging Committee Opens a New Window. heard testimony Wednesday from witnesses and government officials explaining the impact of criminals that are unseen – but heard – over phone lines. * snip * One of those people on the other line was Marjorie Jones, an 82-year-old woman who committed suicide after giving up her life's savings to phone scammers. “They told her she had won a large cash prize, and all she had to do was pay the taxes and fees,” Angela Stancik, Jones’ granddaughter, explained to lawmakers. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest #1. To: All (#0) If bitcoin or other things like that caught on. Theives and scammers will have a field day preying on the old and taking their money and as you say making it untraceable. A K A Stone  posted on  2019-07-17   20:37:36 ET  Reply   Trace   Private Reply   #2. To: A K A Stone (#1) But if the elderly had bitcoins in their bitcoin wallet, they couldn't be tricked into giving up their banking details. So maybe the elderly would be less susceptible to crooks calling them on the phone, trying to get their banking information. With bitcoin, there is no bank. There is only the electronic ledger. Tooconservative  posted on  2019-07-17   20:50:34 ET  Reply   Trace   Private Reply   #3. To: A K A Stone (#1) A tragic case. But obviously, this woman's funds were not protected with the current banking system, so whatever the moral of the story is, it's not that she would have been worse off with crypto. Pinguinite  posted on  2019-07-18   0:00:36 ET  Reply   Trace   Private Reply   #4. To: Tooconservative (#2) So maybe the elderly would be less susceptible to crooks calling them on the phone, trying to get their banking information. With bitcoin, there is no bank. There is only the electronic ledger. Scaming someone out of crypto via a ordinary phone call would be nigh impossible, as any instructions to send crypto funds would require explaining that a victim must send funds to an address that looks something like: "16dfIfe6I4UUdhheiCThiidieia6339FdU" And yes, it would be case sensitive. The length of the address must be a precise count, but other than that, any errors, even upper or lower case errors would mean funds could still be sent, but would be sent to oblivion. Pretty much, the only way to communicate receiving crypto addresses is via digital form, such as email or by QR code, which is the square 2D bar code with 3 distinct smaller squares in the corners. So scamming someone out of crypto over the phone would be quite unrealistic. Certainly it would be ideal if it were not possible to send funds to oblivion.... obviously, though I've never heard of it happening. But crypto is a "living" currency in a way in that software development can always improve things. Bitcoin, and probably many other cryptos offer a feature where sending funds can require several custodial authorizations in order to be sent, such as 3 out of 5 authorized parties. Such a mechanism could be used to protect the elderly in cases like the above. I'm not sure banks even offer such a feature. Pinguinite  posted on  2019-07-18   0:14:30 ET  Reply   Trace   Private Reply   #5. To: Pinguinite (#4) Scaming someone out of crypto via a ordinary phone call would be nigh impossible, as any instructions to send crypto funds would require explaining that a victim must send funds to an address that looks something like: That occurred to me as well. I do think that scammers are gonna scam, whatever the system is. And they don't lack for boldness in tactics. Tooconservative  posted on  2019-07-18   10:56:50 ET  Reply   Trace   Private Reply   Top • Page Up • Full Thread • Page Down • Bottom/Latest

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