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Seniors lose more money by far to scams than any other demographic, with the median loss totaling $350, the Better Business Bureau found. And not surprisingly, there has also been a tide of ...
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.
And if you haven’t fallen victim to a scam, you might think scammers target only seniors and retirees. However, the truth is that digital fraudsters will go after anyone with money to be had.
Unfortunately, these reverse-mortgage scams do nothing of the sort; their goal is actually to steal the equity of the property entirely, leaving senior citizens potentially destitute. 10. Fake ...
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
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Unfortunately, there are a number of scammers who target elderly, retired people -- and these scams can get very costly. Such was the case with a recent scam that occurred in Peachtree City ...
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