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FTC finds spike in reported losses from fraud among seniors, reaching $2.4 billion in 2024: Report
According to the FTC's report, there was a spike in reported losses from fraud among people 60 years and older. The FTC reported a rise from $600 million in losses in 2020, to $2.4 billion in losses ...
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 ...
Consumers looking to improve their credit are being cautioned that illegal credit repair schemes are not the solution.
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 ...
The Federal Trade Commission issued a warning about an increase in scams this holiday season. Scammers increase fake online shops, airline imposters, and delivery scams during the holiday season. In ...
Law enforcement agencies in the Tampa Bay area are warning about a continued rise in government impersonation scams. LARGO, Fla. - A report from the Federal Trade Commission showed a spike in reported ...
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 ...
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