LOS ANGELES - There has been a spike in complaints about scams originating on social media, especially Facebook and Instagram, amidst the boom of online shopping during the pandemic, according to the ...
Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social media pitches—drove the biggest losses, while phone ...
Seniors have been consistently targeted by a wide range of scams. New data from the Federal Trade Commission show that reported financial fraud losses among older Americans increased sharply in 2024, ...
A new report found that romance scams targeting older Americans have increased significantly during the COVID-19 pandemic, with adults aged 60 and higher losing about $139 million in 2020 -- the ...
Phony promises to triple your retirement savings and other wild schemes engineered by scammers can stir up all sorts of financial woes for seniors. According to a new report from the Federal Trade ...
A report from the Federal Trade Commission showed a spike in reported fraud losses among seniors. Law enforcement agencies in the Tampa Bay area are warning about a continued rise in government ...
A report from the Federal Trade Commission (FTC) finds that seniors reported losing more than $1.9nine billion to fraud last year. The finding shows older Americans also lost more money to fraud using ...
(WJET/WFXP) — Scammers cost consumers a huge amount in 2024, according to a new report from the Federal Trade Commission, costing them an estimated hundreds of millions of dollars in scams that ...
Adults aged 60 and older were more likely to report extraordinarily high losses. An 18-year-old consumer in Michigan lost $4,800 this summer to a 'transfer it to protect it' scam after receiving an ...
Scam artists are using the Supreme Court’s recent Patient Protection and Affordable Care Act ruling as leverage to collection personal information from consumers, according to a Federal Trade ...
SALT LAKE CITY (KUTV) — The Federal Trade Commission warned of a new scam offering fake reshipping jobs to victims. An easy work-from-home job may sound great, but the FTC warned against job offers ...