BBB of the Mid-South CEO and president Randy Hutchinson gives ways to protect assets and avoids scams each week.
A report from the Federal Trade Commission showed a spike in reported losses from fraud among seniors.
It can be terrifying to learn your data or finances are at risk. Naturally, if a Federal Trade Commission (FTC) agent offers ...
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 ...
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 ...
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, ...
FTC data reveals imposter scam losses among older adults surged 47% in 2024. Some victims emptied entire 401(k) accounts ...
Seniors tend to own their homes and have strong credit and ample savings, according to the FBI — all factors that make scams targeting seniors increasingly common. They’re also less likely to report ...