The issue has become such a big problem that fines do not deter many of these scammers. Some people have even found a way to fight back and make money from the fines, by reporting scam phone calls, as explained in the book, "Stop Telemarketing Calls and Get Paid." (Ad)
Unfortunately, most senior citizens do not report the calls, and they are not experts in knowing whether or not the voice on the other end of that phone call is providing a legitimate and necessary service, or if the caller is deceiving them into giving away their hard-earned money. As a result, I was intrigued when I was approached by the company Elefend about their service, which "monitors calls from strangers in real time and detects if it is a scam." This could save Americans billions of dollars. I invited the company representative, Arianna Powell to submit a guest post about their product for your consideration.
Their service currently works on the T-mobile, AT&T, Sprint, and Verizon networks. There is no need to download an app.
You can read more about their product below.
Elefend Scam Protection
by Arianna Powell
$37 billion are stolen every year from America’s elderly. Scams are a HUGE problem; it is an epidemic which is only getting worse, especially now that COVID-19 has left older adults more socially isolated.
Phone calls are known to be the primary channel through which the ruthless perpetrators operate (according to the FTC, 70% of fraud attempts happen over the phone). In order to fight this prevalent problem, Elefend has developed a software solution which will prevent and combat phone scams and identity theft.
Elefend monitors calls from strangers in real-time, providing in-call detection. It can help prevent scam & identity theft (both from humans and robocalls), and allows older Americans to live their lives more safely, without the fear of being scammed.
Existing scam prevention solutions are mainly based on blacklist technology, which checks if the calling number is blacklisted and notifies the person receiving the call. These solutions are becoming ineffective, due to scammers' number spoofing tactics (changing their phone number on-the-go and remaining undetected).
Our goal at Elefend is to keep the public, and especially the elderly population, protected from these cruel scams, both instantly and constantly through our novel technology. Elefend can easily be installed on any iPhone (or other smartphones which have a built-in option to block unknown callers) by going through a step-by-step process.
Individuals can go to our website www.elefend.com and click on the “Try For Free” button on our main page. Elefend has incorporated a simple, single pricing model which includes a 14-day free trial! This plan includes real-time AI scam detection, in-call warning alerts, unwanted robocall blocking, a screening greeting message, and weekly usage reports. It is offered at an introductory price of $2.95 per month. We built Elefend to stop phone scams. This service could be a great gift from adult children who are worried that their elderly parents and grandparents could fall victim to a scam. It is like having an extra pair of "ears" monitoring calls from strangers and alerting potential victims about possible scams in progress. It will also automatically block unwanted callers.
Phone scams are an epidemic which needs to be dealt with, and they have recently become even worse due to COVID-19. Every year $37 billion are stolen from America's elderly. 69% of scam attempts in the US are done via the phone, and the existing solutions are outdated and inadequate. Elefend is reintroducing safety to phone calls.
We have built the first real-time (in-call) scam protection software, both from robocalls and live callers. If you have any US-based friends who are interested, they can try out the first version of our startup’s product, and the trial will not cost them anything. We founded Elefend a year and a half ago to protect people from being scammed, after we discovered that the vast majority of scams in the US happen over the phone.
Our Phone Protection solution provides protection during incoming calls from numbers not in your contact list. We stop malicious robocalls from the outset and, when a call is from a live person, we monitor it in real-time. Once a possible scam is detected, we play an in-call warning which only you can hear.
We are currently working on the T-mobile, AT&T, Sprint, and Verizon networks. There is no need to download an app. Learn more at www.elefend.com
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If you want to report the scam calls you receive, and possibly earn money for your efforts, you can learn how to do it in the book "Stop Telemarketing Calls and Get Paid." (Ad)
If you are interested in learning more about protecting yourself from scams, common medical issues as you age, Social Security, Medicare, where to retire, financial planning, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.
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Photo credits: Elefend and Morguefile