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Seniors tend to own their homes and have strong credit and ample savings, according to the FBI. They're also less likely to report fraud and tend to be less familiar with technology. Consequently ...
Senior woman using mobile phone and credit card in a coffee shop. Elder financial scams are skyrocketing, with suspected fraud against seniors up nearly 50 percent in 2023, according to Thomson ...
Lee said that, according to Sift’s just-released first quarter Digital Trust & Safety Index, 33% of Gen Z consumers in the U.S. know someone who has participated, or have personally participated ...
In 2022 there were 88,262 people over the age of 60 in the United States who were victimized by online scams mainly targeting seniors, according to a report from the FBI’s Internet Crime ...
Targeting seniors across the county," said Montgomery County State's Attorney John McCarthy. On Thursday, Ravinkle Mathon, 26, appeared in court, after being accused of trying to scam a man in his ...
Scams and fraud targeting seniors. Seniors are also often deliberately targeted by scams, fraud, and misleading marketing – often by otherwise legitimate businesses. This may include: fraudulent investment or insurance schemes; fraudulent contracts (such as extended car or home warranties, which in reality cover nothing)
As Newsweek reported this week, the latest scam targeting seniors involves Biden and Snoop Dogg partnering up to promote a $6,400 “spending card subsidy” for Social Security recipients ...
Get-rich-quick schemes. Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and ...
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