Seniors are the primary targets of online scams
Older Americans are losing billions to online scams each year. In 2024, adults aged 60 and over reported nearly $2.4 billion in fraud losses, according to the Federal Trade Commission.
Scammers aren’t targeting seniors because they think seniors are naive. Scammers are targeting the older population because they’ve built something worth stealing. Decades of savings, retirement accounts, and good credit — that’s what makes seniors valuable in the eyes of cybercriminals.
Online fraud is very well disguised and easy to overlook. It comes in all shapes and sizes:
- Romance scams. Scammers build emotional relationships online over weeks or months, then ask for money or gifts.
- Impersonation scams. Criminals pose as representatives of the IRS, Social Security, banks, or even family members to steal money or personal information.
- Investment scams. Scammers send phishing emails offering exclusive investment deals that don’t exist.
- Medicare scams. Fraudsters target seniors with fake offers related to health benefits and Medicare coverage.
- Phishing emails and texts. These messages are designed to steal your passwords, personal information, or payment details.
- Deepfake videos. AI-generated videos use familiar faces to gain your trust and trick you into acting. Deepfake videos make impersonation scams very hard to detect.
As these threats evolve, scam protection for seniors is no longer a luxury — it’s a necessity.
Who is Suze Orman — and why is she sounding the alarm?
Suze Orman is a number one New York Times bestselling author, two-time Emmy Award winner, and one of the most trusted voices in personal finance. For over three decades, she’s been helping millions of Americans build wealth, eliminate debt, and secure their retirements.
Now, Orman is taking on one of the greatest financial threats facing seniors — online fraud.
“For decades, I’ve taught people how to protect their money. But today, protection requires more than smart investing and careful planning. It requires digital defense. Criminals are stealing in seconds what took a lifetime to build,” says Orman.
The Suze Orman and Coveron deal brings together financial expertise and advanced digital protection to defend what seniors have spent a lifetime building.
30-day money-back guarantee
How scam protection completes your identity theft protection
Traditional identity theft protection services monitor your credit and personal information for signs of misuse. They alert you when your personal information ends up on the dark web or when they detect suspicious credit activity. Even though alerts are an important step in protecting your identity, it doesn’t eliminate the risk of falling for a smartly-crafted scam.
Instead of stealing personal information, scammers use phishing, fake websites, fake online stores, deepfakes, and social engineering to trick people into handing over their money directly. Here’s where scam protection comes in. It offers financial reimbursement when fraudsters succeed — covering losses from online scams, cyber extortion, and identity recovery costs.
Together, scam protection and identity protection provide an all-round defense against common threats lurking online.
Introducing the Ultimate Scam Protection bundle
The Ultimate Scam Protection bundle is the result of a collaboration between Suze Orman and Coveron. It protects seniors from scams and identity theft not just by monitoring for threats but also by providing real financial help if they experience fraud or identity theft.
| What you get | What it covers |
|---|---|
| Identity theft recovery | Covers identity recovery costs of up to $1M and professional guidance during the process. |
| Online fraud protection | Reimburses losses of up to $100K from qualifying online scams, including fake online stores, phishing schemes, and fraudulent transactions. |
| Cyber extortion protection | Covers losses of up to $100K if cybercriminals threaten to leak your files, lock your accounts, or expose sensitive information unless you pay. Includes expert assistance to handle extortion demands. |
| 24/7 dark web monitoring | Continuously scans dark web marketplaces for your personal information (name, email, phone number, and credit/debit card numbers) and alerts you immediately if it’s found there. |
| Scam email verification | 24/7 incident response and management. |
| Credit lock | Lock your TransUnion® credit report to prevent fraudsters from accessing it or taking out loans in your name. |
| Browsing and download protection | Alerts you if your personal data appears on the dark web due to a malware infection on your device so that you can protect your accounts and device. |
Ultimate Scam Protection offers comprehensive, user-friendly scam and identity theft protection for seniors in one place. Suze Orman says it best: “It doesn’t just warn you. It doesn’t just monitor you. If the unthinkable happens, you’re not left alone trying to recover financially. There is real protection standing behind you.”
What scams does Ultimate Scam Protection cover?
Ultimate Scam Protection covers a wide range of online fraud scenarios:
| Scam type | What it looks like |
|---|---|
| Tech support scams | Someone impersonates a known tech company and charges you for fake repairs or services. |
| Cryptocurrency scams | Fake investment platforms that disappear with your money. |
| Romance scams | Scammers build fake relationships online to manipulate you into sending them money or gift cards. |
| Job scams | Requests for payment for fake applications, background checks, or training materials. |
| Grandparent scams | Someone impersonates a grandchild or claims to represent one in an emergency in order to ask for financial help. |
| Online shopping scams | Fake websites or sellers that never deliver the goods you paid for. |
| Phishing, smishing, and vishing | Fraudulent calls, emails, or texts impersonating banks, government agencies, or tech support. |
| Email spoofing | Attackers forge the sender’s address to look like someone you trust to get you to share sensitive information. |
| Fake apps | Malware disguised as legitimate software that infects your device to steal information. |
| Overpayment scams | Someone sends a fake check, asks for a refund of the excess, then the check bounces. |
| Online rental scams | Requests for deposits on properties the scammer doesn’t actually own. |
| Deepfake scams | AI-generated video or audio impersonating real people you may know. |
| QR code scams | Fraudulent codes that lead to phishing sites or install malware after you scan them with your phone. |
| Charity scams | Fake organizations impersonating legitimate charities that you donate to — but the money goes to the impersonators. |
| Impersonation scams | Criminals pretending to be law enforcement, bank officials, or government agencies to get your information or logins. |
| Gift card scams | Tricks to get you to buy gift cards to pay fake fees or urgent demands. |
Ultimate Scam protection does not cover these cases:
- Investment scams or advance fee fraud (promises of high returns on fake opportunities).
- Counterfeit goods (when you receive fake or low-quality items).
- Lottery scams (fake lottery sites).
- Pyramid schemes (upfront investments promising future earnings).
- Losses from gambling or games of chance.
- Fraud involving close relatives (spouse, parent, sibling, child, or grandparent).
- Online auction losses.
- Legitimate charitable contributions to real organizations.
Disclaimer
These scenarios are illustrative examples only. All claims are fact-specific and evaluated on an individual basis. There is no guarantee that any particular claim will be covered. Please refer to the Summary of Benefits, provided in your Coveron account, for all terms, conditions, limitations, and exclusions that apply.
How to get Ultimate Scam Protection
Getting started with Ultimate Scam Protection is simple. Purchase the plan, create your account, and enjoy all protection features in an easy-to-use dashboard. That’s it — no downloads or complicated setup required.
What you’ll need:
- A computer with internet access
- Your Social Security Number to verify your identity
- Your email address
Take the step to protect yourself today — your life’s work is worth it. Visit Ultimate Scam Protection to learn more about the Suze Orman and Coveron deal for seniors.
Disclaimer
Ultimate Scam Protection is currently available in all U.S. states (including the U.S. territories and the District of Columbia) except New York (coming soon).
30-day money-back guarantee
