Older Americans reported nearly $4.9 billion stolen through fraud last year, with an average loss of $83,000, according to an annual FBI report released in April. That’s a stunning 43 percent increase in one year. Americans of all ages reported a record $16.6 billion stolen through internet scams and fraud in 2024, up 33 percent …
Tag: scams
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Jun 16 2025
How to Spot a Scam: A Senior’s Guide!
Learn how to spot scams, read about the top scams targeting seniors, and explore the comprehensive chart of common scams featuring great ways to stay protected. Scams are attempts to defraud a person or group after first gaining their confidence. They are challenging to spot, which is why it’s easy to fall victim. Scams can …
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Mar 24 2025
Anatomy of a Scam
Scams are no-good schemes designed to steal people’s identity or money. They are performed by fraudsters who participate in dishonest acts. Consumers report losing more than $12.5 billion to fraud in 2024 alone, a 25% increase over the prior year per FTC.gov. Thus, being taken advantage of can happen to anyone. Are scams preventable? Yes, …
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