Seniors have been consistently targeted by a wide range of scams. New data from the Federal Trade Commission show that reported financial fraud losses among older Americans increased sharply in 2024, ...
A new report found that romance scams targeting older Americans have increased significantly during the COVID-19 pandemic, with adults aged 60 and higher losing about $139 million in 2020 -- the ...
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social media pitches—drove the biggest losses, while phone ...
The Federal Trade Commission announced on Wednesday it is refunding $4.1 million to 27,584 consumers who fell victim to student debt forgiveness scams. The action follows a 2019 complaint the FTC made ...
Last year, Americans reported losing more than $12.5 billion to fraud, according to the Federal Trade Commission (FTC). Consumers reported losing the most to investment scams, followed by imposter ...
Phony promises to triple your retirement savings and other wild schemes engineered by scammers can stir up all sorts of financial woes for seniors. According to a new report from the Federal Trade ...
The "FreeCreditReport.com" guys may have a cool jingle, but they could be scamming you out of a lot of dough. "Don't be fooled by TV ads, email offers, or online search results," the FTC advised on ...
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