The FTC's 2024–2025 report on protecting older consumers shows total fraud losses among adults 60 and older have quadrupled since 2020.
According to the FTC's report, there was a spike in reported losses from fraud among people 60 years and older. The FTC ...
It can be terrifying to learn your data or finances are at risk. Naturally, if a Federal Trade Commission (FTC) agent offers ...
One disturbing scam involves crooks who impersonate officials to convince consumers that they must withdraw money from ...
WASHINGTON — New Federal Trade Commission data reveals a more than four-fold increase since 2020 in reports from adults 60 and older who lost $10,000 or more to impersonation scams, with combined ...
Fake calls claiming you owe back taxes are rising, the FTC warns. These scams rely on pressure and confusion, but a few simple checks can help you avoid becoming a victim.
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 ...
Consumers looking to improve their credit are being cautioned that illegal credit repair schemes are not the solution.