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The FBI's report on fraud schemes targeting the elderly found that Americans over 60 lost more than $3.4 billion to scams in 2023, with tech support and data breaches the most common.
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 ...
April 30, 2024 at 3:54 PM. The FBI says 2023 was another big year for scammers swindling seniors. The new ‘Elder Fraud Report’ released Tuesday says those over 60 lost billions at the hands of ...
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)
Plus, five more scams you'll want to know about that target older individuals. The #1 Elder Financial Scam And How To Protect Your Loved Ones—According to Top Cyber Security Experts Skip to main ...
Knowing which scams are most commonly used to target older people can help. Two of the most common are the “grandparent” scam and romance scams, said Kathy Stokes, director of fraud prevention ...
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