Older Americans may have lost up to $81.5 billion to financial fraud and scams from 2024 to 2025, as the FTC works to do ...
The Federal Trade Commission report shows that financial fraud losses for older Americans increased sharply in 2024.
SCAMMERS OFTEN TARGET OLDER CONSUMERS. AND ACCORDING TO THE LATEST SCAM REPORT FROM THE FEDERAL TRADE COMMISSION, SCAMMERS ...
Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment ...
One disturbing scam involves crooks who impersonate officials to convince consumers that they must withdraw money from accounts to protect it.
From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to ...
Instacart to pay $60 million in consumer refunds after the FTC accused the company of misleading shoppers, including falsely ...
Bombshell, or bust? That’s the question hanging over a recent preliminary report from the Government Accountability Office ...
In January 2024, the Hills were targeted by a sophisticated impersonation scam that resulted in $42,000 being taken out of ...
Older adults lost $2.4 billion to fraud schemes in 2024, driven largely by reported individual losses of more than $100,000 to investment and romance scams, and impersonations, according to the ...
Across the board, experts warn people never to share Social Security, credit card or bank account numbers over the phone, ...
A Reuters investigation reveals the owner of Facebook, Instagram and Whatsapp decided to accept high levels of fraudulent ...