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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 ...
Elder financial scams are skyrocketing, with suspected fraud against seniors up nearly 50 percent in 2023, according to Thomson Reuters data (and 2022 was already a record year, up 50 percent from ...
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.
Investor Protection Trust [12] 2010 20% have been affected by financial services swindles in the past IPT defined swindles as "inappropriate investment, unreasonably high fees for financial services, or outright fraud." MetLife [13] 2009 1,076 incidents per year resulting in $2.6 billion in losses Based on only fraud reported in the press.
Elderly individuals may not always be tech-savvy, which can leave them particularly vulnerable to online fraud Elderly man with headphones smiling at phone, potentially involved in a deepfake scam.
For example, Texas has created an Amber Alert, Silver Alert and Blue Alert (issued to locate an assailant in the event a law enforcement officer is killed or injured.) [66] In New York, Governor George Pataki vetoed Silver Alert legislation in 2003, citing his concern that it would weaken the Amber Alert system and make the alerts too common. [67]
How to save elderly relatives who keep falling for scams. Sarah Gilbert. Updated July 14, 2016 at 8:51 PM. ... no law enforcement officials, banks or wire services helped in the least. Fortunately ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...