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Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
Cyber crimes directed toward elders have increased by 400 percent in the last handful of years. The right tools will empower you.
The scam then becomes an advance-fee fraud or a check fraud. A wide variety of reasons can be offered for the trickster's lack of cash, but rather than just borrow the money from the victim (advance fee fraud), the con-artist normally declares that they have checks which the victim can cash on their behalf and remit the money via a non ...
Free money always comes at a cost. Many are now learning this the hard way, as scammers are increasingly trying to trick potential victims with offers of fraudulent government grants. Consider: 5 ...
The senior's signature is forged or identity is misappropriated for financial transactions; The senior is coerced or influenced to sign over deeds or wills, or caused to execute legal documents they do not understand; The abuser fraudulently obtains a power of attorney or guardianship; Money is borrowed from the senior and never repaid
The AARP Fraud Watch Network holds “reverse boiler rooms” to help warn people about consumer scams and teach them how to protect themselves. [148] [149] During these events, AARP volunteers call local residents to make them aware of fraud risks. [148] [146] Similar AARP events include Tip-Offs to Rip-Offs and the Scam Jam. [150] [151]
A new report from Retirement Living has revealed that Georgia ranks No. 1 in the nation for fraud victims, with 1,564 reports per 100,000 residents.. The peach state also has the highest rate of ...
As a division of the City of Toronto, its annual funding level is established by a vote of Toronto City Council. In 2020, Council approved a budget of $271.191 million gross and $47.953 million net, with a staff complement of 2,435.2 positions. [1]