Older adults are especially vulnerable to financial scams, but with some preparation and proactive steps, they can significantly reduce their risk of falling prey.
Tag: scammers
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Why Even the Smartest People Fall for Scams
Even the most intelligent people can fall prey to scams, as they often exploit our cognitive biases and social pressures, and it’s essential to be aware of these tactics and take steps to protect ourselves.
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How to Spot Red Flags for Fraudulent Investment Opportunities
Photo: saitansainam via 123RF Investment fraud happens more frequently than you might think. The latest Federal Trade Commission (FTC) data shows that consumers filed over 1.8 million fraud reports, resulting in a total loss of over $8.6 million through Nov. 8, 2024. Financial losses like these are devastating. Unfortunately, investment scammers continually prey on unsuspecting people who […]
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Tips to Stay Safe from Scammers in the Age of AI
Photo: damrongratta via 123RF Scammers are adopting AI at a shocking pace, making it even more challenging for many to identify the signs. Harvard Business Review reported that 60% of participants in a study had fallen prey to AI-powered phishing attacks and that using machine learning to create those scams saved scammers 95% of the cost […]
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8 Tips to Stay Safe from Scams
To protect yourself from scammers, it is important to be aware of the signs of a scam, protect personal information and account numbers, and report any suspicious activity to your bank.
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How to take action and help protect older adults from scams
Sponsored by JPMorganChase Anyone can be a victim of scams. They happen when scammers go after individuals of all ages, using tactics like phone calls, emails and messages to reel in unsuspecting victims to get to their money and personal information. Older adults are often key targets and it is important to stay alert to […]
Posted inNational News
Americans targeted by alarming surge in student loan scams
By Stacy M. Brown, NNPA Newswire Amidst the impending resumption of student loan payments in October, scammers are intensifying their efforts to exploit borrowers, with more than 350,000 student-loan-related robocalls reported in the last two weeks alone, according to Transaction Network Services (TNS), a leading authority on identifying robocall scams across various carrier networks. The […]