PODCAST · education
The Senior Fraud Report
by Michael Slider
The Senior Fraud Report with Host Michael Slider (Ret. LAPD Detective) helps seniors and their families fight back against the scams that drain victims of billions—breaking down how they work and how to stay protected.
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The Scam
A Scam: Technical Vulnerabilities vs. Human Trust in the FBI’s 2024 IC3 ReportHost Michael Slider introduces the Senior Fraud Report episode “A Scam,” using two AI voices, Tammy and Bill, to debate whether 2024 cybercrime is mainly a technical infrastructure problem or a psychological confidence-scam problem, based on the FBI IC3’s newly released 2024 report. The IC3 logged 859,532 complaints and a record $16.6B in losses (up 33%), with Americans 60+ losing $4.8B; investment fraud totaled $6.57B, tech support scams $1.46B, and cryptocurrency-related losses $9.3B. Tammy highlights systemic threats like BEC ($2.77B), ransomware variants, botnets, SIM swapping, and law-enforcement technical wins including the Recovery Asset Team’s 66% success rate freezing $469.1M and LockBit disruption saving over $800M. Bill argues deception dominates (83% of losses, $13.7B), citing Operation Level Up (4,323 victims notified; 76% unaware; 42 suicide interventions), call-center raids (215 arrests, +700%), and the analog gold courier scam ($219M). The episode stresses reporting to ic3.gov, notes California and Texas lead losses (California $2.5B+), and previews a romance scam episode.00:00 Show Intro Setup01:39 Vault Heist Metaphor03:33 IC3 Report Shock06:04 Tech Threat Case08:49 Human Exploitation Case11:07 Human Toll Level Up12:40 Underreported Ransomware14:17 Crypto Tool Or Lure18:13 Fighting Back Tactics19:57 Call Centers Gold Couriers24:39 Common Ground Reporting27:17 Host Wrap Next Week
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The Senior Fraud Report
Senior Fraud Report Podcast: How Scammers Sound So TrustworthyRetired LAPD detective Michael Slider introduces the Senior Fraud Report podcast, warning that fraudsters often don’t sound like criminals and instead use friendly voices, urgency, and emotional stories to pressure victims until the money is gone and the scammer disappears. He says his goal is to help listeners ensure that voice never gets the better of them or the people they love.00:00 Scammers Sound Friendly00:09 The Emotional Hook00:20 Meet Michael Slider00:31 Podcast Introduction
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ABOUT THIS SHOW
The Senior Fraud Report with Host Michael Slider (Ret. LAPD Detective) helps seniors and their families fight back against the scams that drain victims of billions—breaking down how they work and how to stay protected.
HOSTED BY
Michael Slider
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