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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.
A new gold bar scam is fleecing unsuspecting victims across the U.S. out of hundreds of thousands of dollars. ... Never call random numbers that pop up on your computer screen or talk to people ...
Unfortunately, these reverse-mortgage scams do nothing of the sort; their goal is actually to steal the equity of the property entirely, leaving senior citizens potentially destitute. 10. Fake ...
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Cryptocurrency is a popular scam right now since many seniors know so little about it. If you are offered an investment on the phone, turn it down and do your own research. Dan Shick/Wikimedia Commons
Lee said those types of offers are scams almost 100% of the time. “If making money were that easy, then we’d all be rich,” he said. ‘Love Bombing’ or Romance Scams
In 2022 there were 88,262 people over the age of 60 in the United States who were victimized by online scams mainly targeting seniors, according to a report from the FBI’s Internet Crime ...