Scam artists are using the Supreme Court’s recent Patient Protection and Affordable Care Act ruling as leverage to collection personal information from consumers, according to a Federal Trade ...
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FTC Reports Sharp Rise in Senior Impersonation Scams
WASHINGTON — New Federal Trade Commission data reveals a more than four-fold increase since 2020 in reports from adults 60 and older who lost $10,000 or more to impersonation scams, with combined ...
Americans aged 60 and older lost a staggering $700 million to online scams in 2024, marking a sharp rise in fraud targeting seniors, according to the Federal Trade Commission. This figure, presented ...
Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment ...
Adults aged 60 and older were more likely to report extraordinarily high losses. An 18-year-old consumer in Michigan lost $4,800 this summer to a 'transfer it to protect it' scam after receiving an ...
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 ...
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