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And seniors are taking the brunt of it. The FBI Internet Crime Complaint Center (IC3) received more than 101,000 reports of scams and fraud against people ages 60 and older in 2023, causing ...
The scammer begs the targeted senior not to tell the grandchild's parents and to wire money to a bail bondsman. Risks: Victims forfeit not just the money but critical personal and financial data.
Online scam No. 3: Your "grandchild" asks for money over the phone. Scammers may try to pretend to be your grandchildren. (Photo: Getty) (fizkes via Getty Images) The panicked phone call sounds so ...
Wooing You. Another scam preys on the lonely. These scammers will set up profiles on social media or dating apps, and they’ll strike up a conversation via messenger. They’ll pour on the ...
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure ...
Scammers target a variety of people, though research by Microsoft suggests that millennials (defined by Microsoft as age 24-37) and people part of generation Z (age 18-23) have the highest exposure to tech support scams and the Federal Trade Commission has found that seniors (age 60 and over) are more likely to lose money to tech support scams.
The Denver branch of the FBI recently shared a warning about the new scam known as the “phantom hacker” scam, which targets senior citizens — half of the victims reported were over 60.
An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith. In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money. The scammer then attempts to convince the victim to return the difference between the ...