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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 ...
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 ...
That total is for a range of fraudulent Medicare claims related to COVID-19. If 2022 was the year of free COVID-19 test kits for many California seniors, 2023 is shaping up to be the year of ...
In this variation of COVID-19 scams, the fraudster claims that the victim is eligible for a COVID-19 benefit payment. This scam is a derivative of the advance-fee scam, where the scammer will ask the victim for a small payment in return for the 'benefit'. The scammer will then ask for further payments under the guise of problems, until the ...
Criminals have swindled Americans out of a jarring $585 million through coronavirus and stimulus related scams since early 2020, according to data collected by the Federal Trade Commission, and ...
Mrs. K., a retired educator living in the downtown L.A. area, was shopping online for a car several weeks ago when she got reeled in. The scam began with a pop-up alert about a computer virus and ...