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  2. We Were Victims of Financial Scams: Here Are Our Stories - AOL

    www.aol.com/finance/were-victims-financial-scams...

    The post-pandemic era is turning out to be a bonanza for scammers. According to the Federal Trade Commission (FTC), consumers reported losing nearly $8.8 billion to fraud in 2022 -- a staggering ...

  3. Elder financial abuse - Wikipedia

    en.wikipedia.org/wiki/Elder_financial_abuse

    Seniors' level of vulnerability to this type of exploitation varies by the type of scam. For example, the AARP found that lottery fraud victims were more likely to be women over 70 living alone, with lower education, lower income, and less financial literacy, while victims of investment fraud were more likely to be men between the ages of 55 ...

  4. My Mom’s Experience With Romance Scams Taught Me ... - AOL

    www.aol.com/mom-experience-romance-scams-taught...

    That means that the $12.5 billion that was reported to the FBI in 2023 due to romance scams, tech support scams, investment scams, imposter scams, and the like is actually way higher—more than ...

  5. Mass marketing fraud - Wikipedia

    en.wikipedia.org/wiki/Mass_marketing_fraud

    OFT published the 'Research on impact of mass marketed scams' in December 2006, document on support for victims of fraud and fraud typologies and victims of fraud. The government has a separate act known as the 'Fraud Act' to cover frauds mainly committed by false representation, failing to disclose information and abuse of position.

  6. Victims of online dating scams speak out on what they’ve ...

    www.aol.com/lifestyle/victims-online-dating...

    It's one that bears repeating: In 2021 alone, according to the FTC, the median individual reported loss due to romance scams was around $2,400, with a total reported loss of $547 million from ...

  7. Scam - Wikipedia

    en.wikipedia.org/wiki/Scam

    With a financial scam, the con artist may tell the victim that the "window of opportunity" to make a large investment in the scheme is about to suddenly close forever. The in-and-in A conspirator (in on the con, but assumes the role of an interested bystander) puts an amount of money into the same scheme as the victim, to add an appearance of ...

  8. Top scams going after young and old victims

    www.aol.com/news/top-scams-going-young-old...

    Jan. 24—Scammers are becoming more sophisticated with their techniques to steal money and personal information from unsuspecting victims. In 2021, fake online purchases, phishing for personal ...

  9. Telemarketing fraud - Wikipedia

    en.wikipedia.org/wiki/Telemarketing_fraud

    Telemarketing fraud often involves some sort of victim compliance whether it involves the victim initiating contact with the perpetrator or voluntarily providing their private information to the offender; thus, fraud victims may experience feelings of shame and embarrassment that may prevent them from reporting their victimization. [2]

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