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The latest scam is claiming that adults over the age of 51 can get a spending card through certain government programs. However, no programs exist and Social Security benefits are limited to ...
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.
IRS and Social Security scams have been on the rise recently, exacerbated by using stimulus checks and new IRS rules as excuses to convince people to give up their money. ... Senior Stimulus ...
Seniors lose more money by far to scams than any other demographic, with the median loss totaling $350, the Better Business Bureau found. And not surprisingly, there has also been a tide of ...
Per a recent report by the Better Business Bureau, 44% of Americans have been approached with a government impostor scam, and 77% of people surveyed were familiar with the practice.
Unfortunately, there are a number of scammers who target elderly, retired people -- and these scams can get very costly. Such was the case with a recent scam that occurred in Peachtree City ...
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
Here's some tips to ensure you or others you know (it's good to alert older residents) don't fall prey to the scam: Remember that the government or legitimate businesses would not ask you to ...
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