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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.
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
Find Out: Top Money Moves for Boomers, Gen X, Millennials and Gen Z. Remote Job Scams Gen Zers Fall For the Most. Here are two remote job scams that target Gen Zers, according to Durst. Shipping Scams
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 ...
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 ...
Here's some tips to ensure you or others you know (it's good to alert older residents) don't fall prey to the scam: Remember that the government or legitimate businesses would not ask you to ...
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Around 15% of American households fell victim to a financial scam in 2023. American consumers lost a total of $8.8 billion to fraud and scams in 2022. Scams are everywhere these days, and...
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