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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.
Rising elder scams: How to recognize them and protect yourself and your loved ones. Tech expert Kurt “CyberGuy" Knutsson helps you outsmart the scammers. Scammers exploited mom’s fears to ...
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 ...
The California Comprehensive Computer Data Access and Fraud Act is in §502 of the California Penal Code. According to the State Administrative Manual of California, the Act affords protection to individuals, businesses, and governmental agencies from tampering, interference, damage, and unauthorized access to lawfully created computer data and ...
Overall, there was a 14% increase in elderly victims filing complaints and the Federal Trade Commission (FTC) reported that adults over age 60 lost over $1.6 billion to all types of scams last ...
California State Retirees (CSR) is the largest organization representing retired California state government employees. [citation needed] Organizing health care and pension benefits 36,000 members. It is an affiliate of the California State Employees Association headquartered in Sacramento, California. Other organizations may include retirees ...
Oct. 5—The Yuba City Police Department said Thursday that there have been "several reports of elderly victims being manipulated and having their debit cards stolen" within the last month.