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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 ...
"Scams targeting individuals aged 60 and older caused over $3.4 billion in losses in 2023 − an increase of approximately 11% from the year prior," an FBI news release reads. "The average victim ...
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 ...
Fraud is endemic across the U.S., but seniors are a favorite target of scammers. The FBI’s 2023 Elder Fraud Report says that people over 60 reported more than $3.4 billion in losses to cyber ...
And if you haven’t fallen victim to a scam, you might think scammers target only seniors and retirees. However, the truth is that digital fraudsters will go after anyone with money to be had.
For Social Security recipients, the new year brings a new cost-of-living adjustment -- and at 8.7%, the 2023 COLA is the highest in more than 40 years. Average Social Security payments will ...
Plus, five more scams you'll want to know about that target older individuals. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...