The 'scam economy' keeps growing, as fraudsters steal money through wire transfers, gift cards, payment apps and cryptocurrency.
FTC: $15.9B lost to scams in 2025. Investment and social-media scams top the list — report fraud at ReportFraud.ftc.gov.
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 ...
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 ...
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, ...
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FTC finds spike in reported losses from fraud among seniors, reaching $2.4 billion in 2024: Report
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 ...
(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 ...
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 ...
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