Older Americans continued to lose billions of dollars to fraud in 2024, with scams increasingly exploiting trust, urgency and new technologies. The Federal Trade Commission said impostor scams, ...
Adults 60 and older reported losing $2.4 billion in 2024 to fraud, including money lost to investment scams, according to the FTC's annual report to Congress released Dec. 1. That's up 26.3% Many ...
Phony promises to triple your retirement savings and other wild schemes engineered by scammers can stir up all sorts of financial woes for seniors. According to a new report from the Federal Trade ...
According to the FTC's report, there was a spike in reported losses from fraud among people 60 years and older. The FTC ...
Trump administration officials are eyeing Federal Trade Commission Chairman Andrew Ferguson for a role overseeing a newly created Justice Department unit focused on combatting nationwide fraud, ...
Federal Trade Commission (FTC) petitioned a federal court to declare a payment processing company and its top executives in ...