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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 seniors to lose over $3.4 billion. And those ...
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 Consumer Federation of California (CFC) is a nonprofit consumer advocacy organization founded in 1960. CFC campaigns for state and federal laws and appears at the California state legislature in support of consumer-focused regulations. [ 1 ]
The Coalition's main mission is to fight insurance fraud, through activities that include government affairs, public education, events and research.The Coalitions seeks to unite and empower private and public groups against fraud, control insurance costs, protect public safety, and reduce crime.
Another study found a 14% victimization rate among seniors. [15] AARP [16] 2003 4% of adults 45+ self-reported experiencing a "major consumer swindle or fraud" in the last year Senate Committee on Aging [17] 2000 Americans (all ages) lose $90 billion per year to telemarketing fraud and identity theft.
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Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
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