Jimmy interviews securities attorney Courtney M. Werner about the rise of cryptocurrency investment scams targeting older Americans, particularly long-con schemes that build trust before soliciting increasingly large investments. Werner explains how scammers use fake investment platforms, fabricated profits, impersonation, and increasingly convincing AI-generated voices or messages, while emphasizing that people of any intelligence or background can become victims.
She recommends ignoring unsolicited investment contacts, independently verifying identities, establishing family code words, and adding a trusted contact to financial accounts who can help flag suspicious large transactions. Werner also encourages victims not to feel ashamed, to report scams, and to seek legal advice about possible remedies, describing cryptocurrency fraud as a widespread problem that she expects to continue growing.
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