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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 ...
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
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.
The victim is urged to transfer money to a "safe" account temporarily while the bank addresses the problem. The call may even offer a number to call back to verify, which is itself bogus. 7. Robocalls
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 ...
When a scammer calls, silence is golden. ‘People are losing their life savings’: Seven Maryland residents lost $6.3 million in a gold bar scam targeting seniors. How to make sure this doesn ...
A scam that largely targets senior citizens, convincing them to liquidate and hand over assets, ... For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail.
Scam 1: You Owe Money That Is Due Immediately Before you search high and low for your Social Security card and start cutting checks for this scam, here is everything you need to know about how ...