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The FBI Internet Crime Complaint Center (IC3) received more than 101,000 reports of scams and fraud against people ages 60 and older in 2023, causing seniors to lose over $3.4 billion. And those ...
July 21, 2022 at 1:08 PM. Kameleon007 / Getty Images/iStockphoto. The latest scam is claiming that adults over the age of 51 can get a spending card through certain government programs. However ...
In 2022, the total number of fraud complaints received from seniors was 88,262, according to the FBI’s Elder Fraud Report. Total losses of $3.1 billion were reported — a whopping 84% increase ...
[152] [153] Telexfree was a multibillion-dollar Ponzi scheme desguised as an internet phone service company. Prosecutors have described it as the largest fraud of all time in terms of the number of people affected—more than 1 million, with victims in various countries. [152] In late 2014 OneCoin was launched.
Since there is no limit to a scam artist’s potential, recognizing signs of common scams will serve you well. Here are examples of three of the most common scams out there today and how to block ...
A traveling salesman guest leaves Uncle Joe a set of six paint-by-number canvases in lieu of a cash payment. Joe decides to take up painting and hopes to make money with his new venture. Joe hangs a painting up behind the front counter and everyone thinks it's bad. Mr. Cheever (Lyle Talbot), an antique dealer, buys Joe's first painting. Joe now ...
Your caller ID might show the SSA’s real phone number (1-800-772-1213), but that’s not the real SSA calling. Computers make it easy to show any number on caller ID. “You can’t trust what ...
Costco's Trade-Up Program Will Give You Free Groceries in Exchange for Your Old Electronics 3 Things You Must Do When Your Savings Reach $50,000 48 Easy Things You Can Do To Live Better and Save Money