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Officials warn locals of three fraud schemes
BY ROGER SMITH MOUNTAIN CITIZEN Three distinct fraud schemes surfaced in recent days prompting state and local officials to warn residents. UCC filing scam For those with Uniform Commercial Code (UCC) filings, a subtle scam disguised as bureaucratic routine emerged. According to Kentucky Secretary of State Michael Adams, residents with UCC-1 financing statements have been
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Kentucky’s older adults now losing millions to fraud
BY NADIA RAMLAGAN KY NEWS CONNECTION A new report from the Federal Trade Commission found older adults nationwide lost nearly $2 billion to fraud. The combined median loss reported by people ages 60 and older was $650, compared with $450s for ages 18-59. For people 80 and older, the average individual loss was more than
