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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, causing seniors to lose over $3.4 billion. And those ...
Sep. 19—U.S. Sen. Bob Casey on Thursday held a hearing to highlight the psychological and economic impacts that frauds and scams have on older adults, who are disproportionately targeted by ...
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 ...
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 ...
True Link offers a Visa card with special controls that prevent common types of fraud and financial abuse targeting the elderly. In addition to fraud-detection algorithms developed by the company, the card can be customized to restrict telemarketer purchases across the board, block certain charitable organizations and allow others, set limits on ATM usage and receive text messages, or ...
Jul. 18—(StatePoint) Amid technology advances enabling scammers to commit fraud, elders and their loved ones need to stay informed. Typically, elder scams involve the transfer of money to a ...