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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.
The FBI-Boston reports that the most common elder fraud schemes reported to IC3.gov in 2023 were "tech support scams, confidence and romance scams, investment scams, and government impersonation ...
Sellinger said one example of the alleged fraud involved a caller telling the victim "they had been arrested after a car accident involving a pregnant woman who later miscarried, and they needed ...
Investor Protection Trust [12] 2010 20% have been affected by financial services swindles in the past IPT defined swindles as "inappropriate investment, unreasonably high fees for financial services, or outright fraud." MetLife [13] 2009 1,076 incidents per year resulting in $2.6 billion in losses Based on only fraud reported in the press.
The sad truth is that many senior citizens are sitting ducks for online fraud and identity theft—and that's why it's so crucial to be able to tell when someone is scamming you online.
Elderly Man in front of Tesco Mall. Upholding and protecting the rights of older adults is vital to addressing problems related to ageing and ageism.With the rapid growth of population of older people globally, [6] there has been international efforts to focus on issues associated with ageing and protection of the elderly in the past decade. [7]
FBI Special Agent Jacob Hollister will speak about elder/senior fraud and how to avoid becoming a victim. Elder/senior fraud to be focus of Oct. 15 presentation at Kingston Residence of Marion ...
Victims of investment scams tend to show an incautious level of greed and gullibility, and many con artists target the elderly and other people thought to be vulnerable, using various forms of confidence tricks. [9] Researchers Huang and Orbach argue: [1]