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The most recent schemes have been sweepstakes or lottery scams that prey on the elderly. "Many people who have been scammed out of their money don't report it because they ...
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, with the number of older Americans reporting losses 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
You might answer, "Baby boomers or older adults." Read: How To Build Your Savings From Scratch There is a stereotype of... The 7 Top Scams That Target Retired Americans
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 offer an easy jackpot for scammers, to the tune of $3 billion in losses annually. They are often homeowners, sitting on top of savings, and in good credit. They are often homeowners ...
In 2023, banks reported more than $27 billion in suspicious activity related to elder scams, according to the Financial Crimes Enforcement Network, and ... 6 Scams Every Older American Should Know ...
Of the 16 people involved, 11 are from the Dominican Republic and have been charged in a 19-count indictment with mail and wire fraud conspiracy, wire fraud, mail fraud, conspiracy to commit money ...