A 90-year-old lost $20,000 to a tech support scam. Learn how criminals trick older adults, the warning signs, and how to stay safe online. Phyllis Weisberg, 90, never thought she’d fall for a scam.
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, ...
Tech-support scams cost consumers hundreds of millions of dollars annually. Seniors are particular targets of the crooks, sometimes losing their life savings. The scam often starts with a call, email, ...
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 ...