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FTC sees surge in losses from 'transfer it to protect it' money scams
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 ... Read More
A new scam is draining older consumers’ savings
The Phantom Hacker Scam has stolen over $1 billion since 2024, preying mostly on seniors’ retirement savings. Scammers use a three-step playbook — ... Read More
Department of Commerce issues warning about imposter scams
COLUMBUS, Ohio (WKBN) – The Ohio Department of Commerce (ODC) Division of Financial Institutions is urging consumers to be aware of imposter scams. Reports of imposter scams in Ohio are up nearly 47% ... Read More
DATCP urging seniors not to fall for imposter scams
MADISON (WKOW) -- The Wisconsin Department of Agriculture, Trade and Consumer Protection is warning grandparents about imposter scams. Scams often happen to older adults because they are more likely ... Read More
FTC sees surge in losses from 'transfer it to protect it' money scams
One bizarre but incredibly harmful scam going around now involves con artists who shrewdly impersonate someone else to ultimately convince you that you absolutely must transfer your money to protect ... Read More
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