Americans over 60 lost $3.4 billion to scams in 2023, up 11% from 2022 Tech support scams were the most common; investment scams were the costliest Over 100,000 complaints were filed by seniors, with ...
Better Business Bureau president and CEO Randy Hutchinson gives consumers tips on how to avoid scams and protect assets.
Internet scams are a booming business. According to the most current crime report from the Federal Bureau of Investigation in 2023, the United States saw the highest number of complaints—nearly 3.8 ...
An FBI Elder Fraud Report shows scams resulting in financial losses increased 11% in 2023 when the victim was over the age of ...
The "Phantom Hacker" scam involves a coordinated team of fraudsters posing as tech support, financial institutions, and U.S. government agencies to convince victims their devices and money are at risk ...
Phyllis Weisberg, 90, never thought she’d fall for a scam. Though widowed and living alone, she maintained robust social connections and confidently used her mobile phone and laptop computer to ...
Paddle will pay the FTC $5m to settle allegations that it processed payments for tech support scammers. The UK-based payments firm will also be permanently banned from processing payments for tech ...
Recent Federal Trade Commission data shows American consumers lost more than $10 billion to fraud in 2023 — the highest total ever recorded. And with fraudsters constantly switching their tactics and ...