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Identity theft to receive government benefits — typically unemployment insurance — shot up 82% in 2023, according to a ConsumerAffairs analysis of Federal Trade Commission data, topping 82,000 ...
A rise in unemployment benefits during the COVID-19 pandemic has led to a similar rise in unemployment fraud, mainly due to a surge in identify theft. The good news is, Americans worried that they ...
And if you haven’t fallen victim to a scam, you might think scammers target only seniors and retirees. However, the truth is that digital fraudsters will go after anyone with money to be had.
Seniors' level of vulnerability to this type of exploitation varies by the type of scam. For example, the AARP found that lottery fraud victims were more likely to be women over 70 living alone, with lower education, lower income, and less financial literacy, while victims of investment fraud were more likely to be men between the ages of 55 ...
A variation of this scam occurs in countries where insurance premiums are generally tied to a bonus–malus rating: the con artist will offer to avoid an insurance claim, settling instead for a cash compensation. Thus, the con artist is able to evade a professional damage assessment, and get an untraceable payment in exchange for sparing the ...
Sep. 19—U.S. Sen. Bob Casey on Thursday held a hearing to highlight the psychological and economic impacts that frauds and scams have on older adults, who are disproportionately targeted by ...
TWC Staff later agreed to provide the services in a letter signed by the Texas Secretary of State. [5] In 2013, a Fort Worth TWC employee was sentenced to six years in federal prison for identity theft and mail fraud. Deshon Haynes diverted unemployment insurance of deceased individuals and at least five other claimants.
And whatever you do, don’t send cash, gift cards, or money transfers. You can report scam phone calls to the FTC Complaint Assistant. Online scam No. 4: "Tech support” reaches out to you ...