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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 average price of attending a four-year college nowadays ranges from $108,584 at public institutions to over $234,512 at private universities, according to the Education Data Initiative. And as ...
Fraudsters know that anyone over the age of 65 in the U.S. has Medicare. Since the pandemic, in particular, scammers have exploited panic about vaccines and testing to offer bogus services that ...
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 and 62 who were married, with higher incomes and greater financial literacy.
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
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.
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The Federal Trade Commission says it has permanently shut down an online scam that lured consumers into signing up for phony "free government grants" and debited their bank accounts without their ...