What are the most common scams today? My parent has fallen victim to scams over the years and could use some help on how to avoid fraudulent schemes.
While many scams today are universal, some types of fraud specifically target older adults or affect them disproportionately. Unfortunately, these targeted scams are on the rise.
According to the Federal Bureau of Investigation (FBI), in 2021 there were over 92,000 victims of fraud over the age of 60 resulting in approximately $1.7 billion in losses. This was a 74% increase in losses compared to 2020.
Below are some of the most common scams that were reported last year:
Government imposters: These scams often start with a call, email or...More