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And seniors are taking the brunt of it. The FBI Internet Crime Complaint Center (IC3) received more than 101,000 reports of scams and fraud against people ages 60 and older in 2023, causing ...
Elder financial scams are skyrocketing, with suspected fraud against seniors up nearly 50 percent in 2023, according to Thomson Reuters data (and 2022 was already a record year, up 50 percent from ...
Medicare Scam 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 ...
Call Medicare at 1-800-MEDICARE or the U.S. Health and Human Service’s fraud hotline (800-447-8477). Report identity theft to the Federal Trade Commission at identitytheft.gov. File a complaint ...
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 ...
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
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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