Consumer News Romance Scams Cost Consumers Over 200 Million Last Year
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Older Americans lost $2.4 billion to scams in 2024, FTC says
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 m ... Read More
Latest FTC report shows older adults lose the most money to scams
SCAMMERS OFTEN TARGET OLDER CONSUMERS. AND ACCORDING TO THE LATEST SCAM REPORT FROM THE FEDERAL TRADE COMMISSION, SCAMMERS ARE GETTING TO THEIR TARGETS MORE OFTEN. EIGHT ON YOUR SIDE CONSUMER ... Read More
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