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The FBI Internet Crime Complaint Center (IC3) received more than 101,000 reports of scams and fraud against people ages 60 and older in 2023, with the number of older Americans reporting losses of ...
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 ...
A scam that largely targets senior citizens, convincing them to liquidate and hand over assets, is heating up again, according to the FBI. "The FBI has received numerous reports regarding these ...
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
This Queens woman got swindled out of $700K in life savings in shocking gold bar scam — here’s how it works and the 3 red flags to watch out for. Danielle Antosz. January 31, 2025 at 6:55 AM.
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
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 ...
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