FBI warns of rising elder fraud crime rates as scammers steal billions
One retiree told CBS News he fell for an online scam that cost him almost $800,000. And then the IRS said he owed $200,000 because the money was taken from a retirement account.
One retiree told CBS News he fell for an online scam that cost him almost $800,000. And then the IRS said he owed $200,000 because the money was taken from a retirement account.
That figure is only a fraction of the actual harm, as most cases of fraud go unreported, according to FTC scam data analysis.
Donald Trump's civil trial in New York could shatter the foundation of his company and his father's legacy. CBS News investigative reporter Graham Kates has more on the defense's strategy to halt this ongoing case and others against the former president.
Witness testimony resumes Thursday in the criminal fraud trial of Sam Bankman-Fried after the prosecution and defense laid out their opening statements Wednesday. The former CEO of crypto exchange FTX is accused of stealing billions of dollars from customers for his own personal use. He pleaded not guilty back in March. CBS News legal contributor Rebecca Roiphe has more.
Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss his new book, "Going Infinite: The Rise and Fall of a New Tycoon," which takes an in-depth look at the rise and fall of Bankman-Fried.
Kevin McCarthy ousted as House speaker; Washington National Cathedral unveils new stained glass windows
The judge overseeing the civil trial of former President Donald Trump in New York issued a gag order barring those involved in the case from posting information about his staff. Trump is facing allegations he and his company falsified business and personal records for financial gain. CBS News chief election and campaign correspondent Robert Costa reports.
Before heading into the courtroom for his second day in court, former President Donald J. Trump continued his attacks on New York Attorney General Letitia James, calling the civil case against him a "sham." CBS News chief election and campaign correspondent Robert Costa has more on today's trial developments.
Donald Trump will be back in court Tuesday for the second day of his New York civil fraud trial after what people close to the former president say was a "deeply personal" appearance for opening arguments Monday. CBS News chief election and campaign correspondent Robert Costa has more.
Former President Donald Trump appeared in a Manhattan courtroom on Monday as the trial in his civil fraud case got underway. CBS News chief election and campaign correspondent Robert Costa reports.
Fmr. Pres. Trump in court for N.Y. trial; CA Gov. Newsom taps Butler to fill Feinstein seat
Former President Donald Trump is attending the beginning of the New York state civil fraud trial against his family-owned business. New York State Attorney General Letitia James claims the Trump Organization repeatedly committed fraud on financial statements in order to secure business loans and insurance policies. Trump dismissed the case as a witch hunt and called the attorney general racist. CBS News legal contributor Jessica Levinson has more details on the case.
Former President Donald Trump arrived at the courthouse in Lower Manhattan Monday morning for the start of his New York civil trial over fraud allegations. He and others involved with the Trump Organization are accused of committing widespread fraud to get better terms on loans and insurance policies. CBS News chief election and campaign correspondent Robert Costa has more.
Former President Donald Trump lashed out at Attorney General Letitia James and others when he arrived at a Lower Manhattan courtroom for the first day of his civil trial for alleged fraud Monday. Trump called the case against him a "scam."
Former President Donald Trump has long volleyed insults at New York Attorney General Letitia James while her office investigated him and his company — an investigation that ultimately led to her filing a $250 million civil lawsuit accusing Trump and others at the Trump Organization of widespread fraud. The trial stemming from that suit is set to begin Monday. CBS News chief election and campaign correspondent Robert Costa has more.
Trump expected in court for New York City civil trial; Beyoncé's Renaissance tour coming to theaters in December.
Former President Donald Trump is expected to appear in New York court on Monday as a civil trial begins to determine the penalties after a judge ruled Trump and the Trump Organization committed business fraud. CBS News chief election and campaign correspondent Robert Costa reports from New York.
Former President Donald Trump, sons Donald Trump Jr. and Eric Trump, and the Trump Organization are fighting a $250 million lawsuit alleging widespread fraud.
The civil trial against former President Trump is set to begin Monday in New York. The state's attorney general, who accused the former president and his company of fraud, is seeking $250 million in damages and wants to ban Trump from running businesses in the state. Skyler Henry reports.
A New York judge ruled Tuesday that Donald Trump and the Trump Organization committed fraud for years, saying the former president inflated the value of his assets by billions of dollars and lied about his net worth on financial statements. Trump could end up losing control of iconic properties like Trump Tower. A Trump spokesperson says there will be an appeal. CBS News congressional correspondent Scott MacFarlane has more.
A New York judge ruled Tuesday that former President Donald Trump committed fraud for years while building his real estate empire. The judge found that Trump and his company deceived banks, insurers and others by overvaluing his assets and exaggerating his net worth. CBS News' Scott MacFarlane reports.
He is one of three businessmen federally charged with coordinating hundreds of thousands of dollars in bribes to Democratic Sen. Robert Menendez of New Jersey and his wife.
A New York judge ruled that former President Donald Trump and his company "repeatedly" violated state fraud law. The ruling is part of the New York attorney general's $250 million civil suit, which is scheduled to go to trial in October. Scott MacFarlane reports.
Donald Trump and his company "repeatedly" violated state fraud law, a New York judge ruled Tuesday. Judge Arthur Engoron agreed in his ruling with New York Attorney General Letitia James' office that it is beyond dispute that Trump and his company provided banks with financial statements that misrepresented his wealth by as much as $3.6 billion.
How 2024 hopefuls position themselves with unions; Early voters indifferent to Trump debate absence
Israel says it's "taking more time" than expected to fend off an unprecedented attack by Hamas, as airstrikes and gun battles continued for a third day.
Defense Secretary Austin said Sunday that he has ordered American military ships to move closer to Israel after Hamas' unprecedented attack.
Gen. Mark Milley looked back at his years as chairman of the Joint Chiefs of Staff, including the differences he had with President Trump that nearly caused him to resign.
Several Republican candidates criticized President Biden for a recent prisoner swap with Iran.
As families search for loved ones missing after Hamas' raid on Israel a former Israeli commander says the group has crossed "point of no return."
So far, eight candidates will be listed on the U.S. Virgin Islands ballot. Former Vice President Mike Pence is not yet on the islands' ballot.
"I am going to be supporting Jim Jordan for speaker," Rep. Nancy Mace said after voting to oust former House Speaker Kevin McCarthy from the role.
Geoffrey Hinton believes artificial intelligence will do enormous good but also could do enormous harm.
The United Auto Workers union says members at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday.
School nurses treat kids for a wide range of illnesses and injuries, and are sometimes their only health provider. Yet many states don't require them, and school districts struggle to hire them.
So far, eight candidates will be listed on the U.S. Virgin Islands ballot. Former Vice President Mike Pence is not yet on the islands' ballot.
The United Auto Workers union says members at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday.
Several Republican candidates criticized President Biden for a recent prisoner swap with Iran.
On this "Face the Nation" broadcast, U.S. Secretary of State Antony Blinken and Rep. Nancy Mace, Republican of South Carolina, join Margaret Brennan.
The United Auto Workers union says members at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday.
One retiree told CBS News he fell for an online scam that cost him almost $800,000. And then the IRS said he owed $200,000 because the money was taken from a retirement account.
That figure is only a fraction of the actual harm, as most cases of fraud go unreported, according to FTC scam data analysis.
Union coalition leading the three-day walkout said employees may strike again later this year unless health care giant addresses their concerns.
UAW President Shawn Fain said striking autoworkers are "winning" by securing key concessions from Ford, GM and Stellantis.
So far, eight candidates will be listed on the U.S. Virgin Islands ballot. Former Vice President Mike Pence is not yet on the islands' ballot.
Several Republican candidates criticized President Biden for a recent prisoner swap with Iran.
On this "Face the Nation" broadcast, U.S. Secretary of State Antony Blinken and Rep. Nancy Mace, Republican of South Carolina, join Margaret Brennan.
Places like Chicago and New York City have struggled to meet the needs of a historic influx of asylum seekers arriving in sanctuary cities.
Sen. Cory Booker and his staff were in Jerusalem when Hamas began carrying out its large-scale offensive against Israel "and sheltered in place for their safety," his office said.
School nurses treat kids for a wide range of illnesses and injuries, and are sometimes their only health provider. Yet many states don't require them, and school districts struggle to hire them.
Union coalition leading the three-day walkout said employees may strike again later this year unless health care giant addresses their concerns.
Researchers found that people with acute respiratory infections who tested negative for COVID-19 could still experience long-term symptoms including coughing, stomach pain and diarrhea.
Harris County Judge Lina Hidalgo returned to work this week after a nine-week leave of absence. She told CBS News she is feeling "better than ever."
Lina Hidalgo, who leads one of the most populated areas of the country, which includes Houston, stunned constituents over the summer when she took leave to seek treatment for clinical depression. First on "CBS Mornings," Hidalgo opens up to CBS News senior White House and political correspondent Ed O'Keefe about what led to her leave and how she hopes to help others.
Israel says it's "taking more time" than expected to fend off an unprecedented attack by Hamas, as airstrikes and gun battles continued for a third day.
Several Republican candidates criticized President Biden for a recent prisoner swap with Iran.
Defense Secretary Austin said Sunday that he has ordered American military ships to move closer to Israel after Hamas' unprecedented attack.
Sen. Cory Booker and his staff were in Jerusalem when Hamas began carrying out its large-scale offensive against Israel "and sheltered in place for their safety," his office said.
As families search for loved ones missing after Hamas' raid on Israel a former Israeli commander says the group has crossed "point of no return."
Sofia Coppola's intimate portrait of the romance, marriage and breakup of Priscilla and Elvis Presley is one of the top offerings of this year's festival. Read reviews of this and other highlights.
The music legend who invented his own kind of funky hybrid of rock 'n' roll and R&B with his '60s group Sly and the Family Stone has just penned a memoir, "Thank You (Falettinme Be Mice Elf Agin)."
Created by P.T. Barnum in 1871 and named "The Greatest Show on Earth," Ringling Bros. and Barnum & Bailey Circus shut down in 2017. But now this American institution is being reimagined for a new age, and is relaunching with a two-year tour, featuring aerial acts, a new take on clowns, and no animals (except for a robot dog named Bailey). Correspondent Martha Teichner reports on how the circus is catapulting into the future.
"Sunday Morning" remembers some of the notable figures who left us this week, including Chicago Bears legend Dick Butkus.
While skirts have hemmed women into traditional notions of femininity, a skirt's length, style and fabric – dangling from the waist with few restrictions – can also connote freedom, wealth and agency.
An Arizona company uses high-altitude helium balloons to collect data and images from the stratosphere. But the company also has aspirations to send up not just tools, but humans, too. Mark Strassman has details.
Online scammers known as "phantom hackers" who operate as fake tech support specialists are targeting older adults, sometimes bilking them out of hundreds of thousands of dollars. One Navy veteran lost $800,000 to such a scam. Jeff Pegues has his story.
Apple on Wednesday released a software update designed to address reports that the new iPhone 15 experiences overheating. Apple had said the overheating issue was possibly linked to the use of certain apps, including Uber and Instagram.
Billions of dollars in electric vehicle battery investments have created an estimated 70,000 manufacturing jobs. The growth is concentrated in what is now known as the "Battery Belt."
FEMA and the FCC launched a nationwide test of the emergency alert system on Wednesday.
The MacArthur Foundation named the winners of its 2023 "genius grants" this week. Arizona State University anthropologist Amber Wutich, who received a grant for her research into water insecurity, joins CBS News to discuss the impact of access to safe and clean drinking water.
It was previously believed humans existed in North America somewhere between 13,500 and 16,000 years ago, but these footprints are much older.
Scientists have warned for decades that India's Himalayan glacial lakes are disasters waiting to happen. Climate change means they aren't waiting any more.
Officials in India say at least 10 people are dead and 102 missing after a flash flood triggered by a swollen glacial lake bursting its banks.
The discovery of 35 gold pieces marks at least the third discovery of ancient treasures in the country in recent weeks.
Nicki Lenway was no stranger to violence -- the 33-year old worked crime scenes for the Minneapolis Police Department. But she never imagined she'd find herself fighting for her life after being gunned down in a parking lot.
Authorities are searching for a suspect who fatally shot a 77-year-old woman on a trail in Castleton, Vermont. The victim, Honoree Fleming, was a retired Vermont State University dean.
A crime scene investigator survives after being gunned down in broad daylight. The harrowing scene is captured on surveillance video. Who pulled the trigger? See how investigators followed a digital evidence trail to solve the case.
Police believe the stabbing may have been gang-related.
A judge has denied former President Donald Trump's request to halt his civil fraud trial. CBS News legal contributor Rebecca Roiphe unpacks the case.
Amazon plans to launch more than 3,000 internet relay satellites, competing with SpaceX and others in a fast-growing marketplace.
Virgin's Unity rocketplane completed its ninth piloted trip to space and its fourth with paying customers aboard.
The Perseverance rover was near Mars' Jezero Crater when it spotted the towering dust devil.
A rare "ring of fire" solar eclipse will move across the U.S. on Oct. 14. NASA shared a viewing map and timeline.
NASA's new asteroid probe, Psyche, is on track for launching Oct. 12 after a weeklong delay for additional tests.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Inside South Carolina's "trial of the century" — how investigators built their case
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
What Angelina Fernandes saw the night her mother was accused of murder.
How prosecutors made the case that the Wisconsin man killed his parents Bart and Krista Halderson in July 2021.
Gen. Mark Milley looked back at his years as chairman of the Joint Chiefs of Staff, including the differences he had with President Trump that nearly caused him to resign.
Rich Paul honed his dealmaking instincts winning dice games as a kid. Today, he’s negotiated more than $4 billion in deals for his clients.
A Texas company — driven by a mission to create faster, better and more affordable housing — is 3D printing homes. It’s also working with NASA to 3D print on the Moon. Lesley Stahl reports.
There’s no guaranteed path to safety as artificial intelligence advances, Geoffrey Hinton, AI pioneer, warns. He shares his thoughts on AI’s benefits and dangers with Scott Pelley.
First, Geoffrey Hinton on promise, risks of AI. Then, Gen. Mark Milley: The 60 Minutes Interview. Next, Rich Paul: The 60 Minutes Interview. And, 3D printing homes on Earth, someday the moon.