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Protecting older adults is one of the FTC’s top priorities, and a new report to Congress tells how the agency tackled fraud, scams, and other issues affecting older adults over the last year.
Common scams targeting seniors include AI-powered scams, funeral scams, tech support scams, government imposter scams, grandparent scams, internet scams, investment scams, check fraud,...
Older adults lose billions of dollars each year to scams and fraud. Get tips to protect yourself and your money. Learn how to spot common scams, keep your money secure, and report financial fraud if you suspect you’re a victim.
Taken together, this outreach has covered topics of interest to older adults, including government impersonator scams, COVID-19 vaccine scams, online safety, and family emergency and mystery shopper scams.
Common scams that target older citizens include romance scams, tech support scams, grandparent scams, government impersonation scams, sweepstakes and lottery scams, home repair scams, and...
Each year, millions of elderly Americans fall victim to some type of financial fraud or confidence scheme. Common scams that target older citizens include romance scams, tech support...
The scams usually involve someone supposedly spotting fraud or criminal activity on one of your accounts, offering to help “protect” your money, sometimes asking you to share verification codes, and always telling you to move money from your bank, investment, or retirement account.
Common scams aimed at older adults include: Government impersonator scams, such as someone posing as a Medicare representative asking for account information. Fake prize, sweepstakes, and lottery scams, in which you are asked to pay money or provide account information to claim winnings.
In 2021, 128,216 offenses against persons age 65 or older were reported through the National Incident-Based Reporting System. [5] The actual number of fraud cases is unknown as many people do not report their victimization, and underreporting is especially high for older adults.
Zoom phishing emails, celebrity impostors on social media and account takeover texts are plaguing older adults in 2021. Here’s how to stay safe.