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 ...
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 ...
Seniors have been consistently targeted by a wide range of scams. New data from the Federal Trade Commission show that reported financial fraud losses among older Americans increased sharply in 2024, ...
In FY 2025, the agency received more than 2.6 million complaints and 4.8 million new numbers were added to the DNC Registry The Federal Trade Commission issued its biennial report to Congress on the ...
Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social media pitches—drove the biggest losses, while phone ...
NASHVILLE, Tenn. (WKRN) — Tennesseans lost more than $42.5 million to investment scams during the first half of 2025, which is the most money out of any scam in the state, according to the Federal ...