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Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
Elder financial scams are skyrocketing, with suspected fraud against seniors up nearly 50 percent in 2023, according to Thomson Reuters data (and 2022 was already a record year, up 50 percent from ...
Americans who lose money to scams are finding interesting ways to get their hard-earned dollars back. In August 2023, GOBankingRates polled 1,141 Americans about whether they were reimbursed after...
A significant portion of Bread Financial's revenue is generated through late fees charged to the subprime consumers it primarily serves. [2] In October 2024 the Wall Street Journal reported that Bread Financial would raise its soft interest rate of 29.99% and add additional fees to customer accounts in anticipation of a Consumer Financial ...
Boscov's Inc. is a family-owned department store with fifty locations in Pennsylvania, New York, New Jersey, Delaware, Maryland, Ohio, Connecticut, West Virginia and Rhode Island. Twenty-six of these stores are located in Pennsylvania.
For scams conducted via written communication, baiters may answer scam emails using throwaway email accounts, pretending to be receptive to scammers' offers. [4]Popular methods of accomplishing the first objective are to ask scammers to fill out lengthy questionnaires; [5] to bait scammers into taking long trips; to encourage the use of poorly made props or inappropriate English-language ...
Affinity frauds can involve the targeting of any group of people who take pride in their shared characteristics, whether they are religious, ethnic, or professional. Agencies such as the U.S. Securities and Exchange Commission have investigated and taken action against affinity frauds targeting a wide spectrum of groups. [1]
Bread Financial, headquartered at 3085 Loyalty Circle, confirmed Wednesday afternoon that the move was a result of outsourcing work. While the total workers affected include 500 nationwide, a ...