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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 ...
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 ...
From as low as $12.95 /mo. Seniors in Hawaii over 60 years of age lost nearly $28 million last year to fraud schemes targeting older Americans' money or cryptocurrency, according to the Federal ...
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
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 ...
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 ...
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 ...
Consumer Reports. Consumer Reports ( CR ), formerly Consumers Union ( CU ), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy. [2] Founded in 1936, CR was created to serve as a source of information that consumers ...
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