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Seniors offer an easy jackpot for scammers, to the tune of $3 billion in losses annually. They are often homeowners, sitting on top of savings, and in good credit. They are often homeowners ...
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.
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 ...
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
Ken Johnson, senior vice president and spokesman for PhRMA said that as of 2009 the association had not provided any funding to 60 Plus for in nearly five years. [10] In 2009, Carl Forti, a political consultant and spokesman for 60 Plus said, "I don't believe PhRMA has ever given 60 Plus money." He added that 60 Plus is funded by donations from ...
In 2020, a fraudster visited the home of a Perry Township resident who had fallen victim to a grandparent scam. The victim gave $15,000 to a man at the instruction of someone claiming to be his ...
The company operated from October 1994 to May 2004, selling $1.25 billion worth of life insurance policies to 30,000 investors. Officials of the company lied about the life expectancy of the policyholders to the investors, bribing a doctor to sign off on their statements.
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