Stop Financial Scams Now: 4 Expert Tips from Suze Orman
Yahoo Finance·2025-11-25 14:52
People aged 60 and older are particularly vulnerable. The age group may be less tech-savvy, more likely to be targeted and have more money saved, making them lucrative targets for scammers. Read More: 30 Scam Phone Numbers To Block and Area Codes To Avoid Learn Next: 6 Things You Must Do When Your Savings Reach $50,000 The Federal Trade Commission reported the number of consumers over age 60 who lost over $100,000 to scams increased 800%, from $55 million in 2020 to $445 million in 2024. These were just t ...