Seniors Lose More Money to Investment Scams Than Any Other Fraud
Around $3 billion was lost in 2025 to fraud from people aged 60 and over in the US.
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Around $3 billion was lost in 2025 to fraud from people aged 60 and over in the US.
Anyone can fall victim to a scam, but adults over 60 are especially vulnerable—and often face more substantial financial losses. A report from the U.S. Federal Trade Commission (FT...
The so-called “grandparent scam” is simple but effective because it relies on older adults who want to help their grandchildren, especially in times of crisis. But your good intent...
You open your mailbox and there’s an envelope stamped with the Department of Health and Human Services seal. Inside, a letter says an audit turned up “improper payments” on your ac...
When Simon’s wife of 43 years passed away, it felt a bit like he’d died too. In his overwhelming grief, Simon sought companionship online, like so many other lonely widows and w...
Americans over the age of 60 reported $7.7 billion in total fraud losses in 2025, up 59% from 2024 to the Federal Bureau of Investigation’s Internet Crime Complaint Center. The a...
Investment scams alone jumped 42% in 2025.
Open enrollment hasn't started yet — but scammers already have your number. One retired beneficiary got more than a dozen calls in a single day. Here's how to protect yourself.
Three people have been arrested as part of a months-long international investigation into an alleged organization accused of scamming older adults out of more than $250 million, ac...
An elderly woman in Texas helped federal authorities nab a scammer connected to a massive international ring that stole allegedly millions and caused one victim to commit suicide.T...
Elder fraud – where seniors are deliberately targeted due to this demographic having lower rates of tech literacy – is becoming a growing problem in the US. According to Incogni...
The first scam may cost $200 in gift cards; the next could involve a bank transfer, cryptocurrency ATM, or someone claiming the family’s savings must...
The call often begins with a frightened voice saying something no grandparent wants to hear: “Grandma, I’m in jail.” Within minutes, another person may come...
"These literal gold diggers are trying to get rich quick at the expense of our aging family members and friends."
Medicare fraud can begin with something that doesn’t feel particularly dangerous: a phone call about a “free” genetic test, an unexpected package containing medical equipment,...
A new consumer warning highlights how quickly an ordinary message, purchase, or conversation can become a costly trap.The Better Business Bureau Serving Metro New York is urging co...
The person on the phone knows your full name, your address, and perhaps even that you’re enrolled in Medicare, so when they ask you to...
"These literal gold diggers are trying to get rich quick at the expense of our aging family members and friends."
During a recent conference, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Bernadette Romulo-Puyat shared how one of her friends got scammed with a substantial amount of money t...
Open Enrollment is peak season for Medicare fraud – here’s how to tell real outreach from fakes and keep your details safe
Identity thieves are zeroing in on older Canadians, exploiting higher credit limits and infrequent credit report checks
INDIANAPOLIS — Open enrollment is underway for Medicare and many other insurance providers. Scammers know this and experts say they’re ramping up their efforts to steal your inform...
The phone rings, and it’s your grandson’s shaken voice. There’s been an accident, he says, and he needs money before anyone finds out. Except it isn’t him. It’s software that learn...
WARREN COUNTY, Ky. – Scams have been an ongoing issue in the community, and local law enforcement is reminding the public to stay vigilant and to always double check legitimacy bef...
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