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Cryptocurrency is a popular scam right now since many seniors know so little about it. If you are offered an investment on the phone, turn it down and do your own research. Dan Shick/Wikimedia Commons
The A23 5G is Samsung's entry-level Galaxy phone, but it still offers plenty of great features that make it senior-friendly, including the “Easy Mode,” which simplifies the interface.
Think Scammers Only Target Seniors? 4 Money Scams Gen Z Needs To Look Out For. Cynthia Measom. April 2, 2024 at 12:00 PM. B4LLS / Getty Images/iStockphoto.
For example, suppose that a mobile phone user signs up for a post-paid cell phone plan that costs $40 per month and is allowed a quota of 700 minutes under that plan. If this user were to end up using 750 minutes in a month, then they would be charged an overage fee for the extra 50 minutes.
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Similar government impersonation scams include the SSA impersonation scam. Every day, hundreds of scam calls are received on the US mainland which offer the recipients grant money from the Federal Government, but requesting a "small administration fee", [11] although there are no fees associated with applying for or receiving a government grant.
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