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 ...
(Reuters) -The U.S. Federal Trade Commission will not take consumers' fraud complaints or help them block spam calls, and it will not grant early clearance to mergers during the government shutdown, ...
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, ...
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