A report from the Federal Trade Commission showed a spike in reported losses from fraud among seniors.
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 ...
Data shows a more than four-fold increase, from 2020 through 2024, in reports from older adults who say they lost $10,000 or ...