Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...
Scammers are draining seniors’ life savings at staggering rates, a new Federal Trade Commission report shows, with older Americans reporting about four times more in fraud losses in 2024 than in 2020.
(Reuters) -The U.S. Federal Trade Commission will not take consumers' fraud complaints or help them block spam calls, and it will not grant early clearance to mergers during the government shutdown, ...
Older Americans are losing more money than ever to scams, according to a new Federal Trade Commission report to Congress, with losses climbing sharply over the past four years. The FTC’s 2024–2025 ...
Oct 1 (Reuters) - The U.S. Federal Trade Commission will not take consumers' fraud complaints or help them block spam calls, and it will not grant early clearance to mergers during the government ...
The U.S. Federal Trade Commission will suspend several key consumer services during the government shutdown. Consumers will be unable to file fraud complaints or use the national Do Not Call Registry.
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 ...
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