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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 ...
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 seniors to lose over $3.4 billion. And those ...
Spokeo warns to watch out for these 10 senior citizen scams that target their hard-earned savings. 1. Romance Scams. Flattery has no expiration date, and many a lonely or bereaved senior has found ...
Elder financial abuse is a type of elder abuse in which misappropriation of financial resources or abusive use of financial control, in the context of a relationship where there is an expectation of trust, causes harm to an older person. The Older Americans Act of 2006 defines elder financial abuse, or financial exploitation, as “the ...
The Denver branch of the FBI recently shared a warning about the new scam known as the “phantom hacker” scam, which targets senior citizens — half of the victims reported were over 60.
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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 ...
Scammer Payback. Scammer Payback, also known by his nickname " Pierogi ", is an American YouTuber and streamer who specializes in creating content about scam baiting against phone scams and Internet scams. Pierogi works against a variety of scams over the phone, such as technical support scams, refund scams, social security scams, and IRS ...