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Identity theft to receive government benefits — typically unemployment insurance — shot up 82% in 2023, according to a ConsumerAffairs analysis of Federal Trade Commission data, topping 82,000 ...
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 ...
A rise in unemployment benefits during the COVID-19 pandemic has led to a similar rise in unemployment fraud, mainly due to a surge in identify theft. The good news is, Americans worried that they ...
As the amount fraudulently claimed from each victim is relatively low, some will give the scammers the benefit of the doubt, or simply seek to avoid the nuisance of further action, and pay the claim. The scam's return address is a drop box; the rest of the contact information is fictional or belongs to an innocent third party.
Worthless "sweepstakes" that elderly persons must pay in order to collect winnings; A 1996 study by AARP [5] found that while individuals over 50 comprised 35% of the American population, they accounted for 57% of all fraud victims (AARP, 1996). Seniors' level of vulnerability to this type of exploitation varies by the type of scam.
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.
Both acts however, only apply to employers in the industries affecting interstate commerce. The 20 employees can include overseas employees. [3] It protects U.S. citizens working for U.S. employers operating abroad, except where it would violate the laws of that country. [4] [5]
And whatever you do, don’t send cash, gift cards, or money transfers. You can report scam phone calls to the FTC Complaint Assistant. Online scam No. 4: "Tech support” reaches out to you ...