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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 ...
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 ...
Earlier this spring, the FBI announced its Internet Crimes Complaint Center had noticed a 14% increase in allegations of fraud against older adults in 2023 than the year before, which led to 11% ...
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 ...
If you’ve ever been scammed, you might have reflected on it later and realized you ignored red flags or pushed back that sneaking suspicion that something wasn’t quite right.. And if you haven ...
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 talismans.
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 ...