A report from the Federal Trade Commission (FTC) finds that seniors reported losing more than $1.9nine billion to fraud last year. The finding shows older Americans also lost more money to fraud using ...

Phony promises to triple your retirement savings and other wild schemes engineered by scammers can stir up all sorts of financial woes for seniors. According to a new report from the Federal Trade ...

Seniors have been consistently targeted by a wide range of scams. New data from the Federal Trade Commission show that reported financial fraud losses among older Americans increased sharply in 2024, ...

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 ...

The MarketWatch News Department was not involved in the creation of this content. In FY 2025, the agency received more than 2.6 million complaints and 4.8 million new numbers were added to the DNC ...

ORLANDO, Fla. – The holiday season isn’t just about spreading cheer, scammers are spreading fear. The FTC reports consumers lost $12.5 billion to fraud last year, with more than 2.6 million reports ...

Adults 60 and older reported losing $2.4 billion in 2024 to fraud, including money lost to investment scams, according to the FTC's annual report to Congress released Dec. 1. That's up 26.3% Many ...