Last year, Americans reported losing more than $12.5 billion to fraud, according to the Federal Trade Commission (FTC). Consumers reported losing the most to investment scams, followed by imposter ...
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 ...
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Top investment scams to beware of
Investment scammers stole more than £97 million of savers’ cash in the first half of 2025, according to industry body UK Finance. Consumers were tricked into handing over their money through cold ...
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, ...
SAN ANTONIO — Scammers have already caused Texans to lose close to $10 million in the first half of this year alone. Three scams top the list that could make many of us miss our money. There are three ...
Money-flipping cons and investment scams have been on the rise for years. Since 2020, BBB has received more than 4,000 reports from consumers about investment scams, many of which involved ...
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