An FBI Elder Fraud Report shows scams resulting in financial losses increased 11% in 2023 when the victim was over the age of ...
Seniors lost nearly $5 billion to scammers in 2024, marking a staggering 46% increase from the previous year. The numbers tell a heartbreaking story that goes beyond dollars and cents — they represent ...
Elderly people are at risk of their money being being stolen in various scams, and that risk has only increased this year. Indiana Securities Division commissioner Marie Castetter, investor education ...
DENVER – Scams targeting older Americans are surging, and federal officials are warning that the tactics are becoming harder to detect. The Federal Trade Commission says scammers are posing as IRS ...
Older Americans may have lost up to $81.5 billion to financial fraud and scams from 2024 to 2025, as the FTC works to do "everything possible" to "shut down illegal scams." ...
Scammers are getting smarter and seniors are often their main targets. That's why Assemblymember Dawn Addis and local leaders hosted a Senior Scam Stoppers event on Wednesday to help residents spot ...
JACKSONVILLE, Fla. — Florida’s Lieutenant Governor is launching a new initiative that aims to protect seniors from scams. Florida is home to more seniors than almost any other state, and senior scams ...
SCAMMERS OFTEN TARGET OLDER CONSUMERS. AND ACCORDING TO THE LATEST SCAM REPORT FROM THE FEDERAL TRADE COMMISSION, SCAMMERS ARE GETTING TO THEIR TARGETS MORE OFTEN. EIGHT ON YOUR SIDE CONSUMER ...
Seniors tend to own their homes and have strong credit and ample savings, according to the FBI — all factors that make scams targeting seniors increasingly common. They’re also less likely to report ...