BluePerspectives

Scams targeting seniors are climbing. AI will only make it worse.

According to the Consumer Sentinel Report for 2022 by the Federal Trade Commission, older Americans reported losses of more than $1.6 Billion due to frauds and scams. This number is likely lower than the actual amount because many seniors fail to report scams for various reasons, such as embarrassment or shame. FTC…

 Older Americans reported more than$ 1.6 billion in losses to frauds and scams in the Consumer Sentinel report for 2022 from the Federal Trade Commission. Because some seniors choose not to report the scams committed against them due to a variety of factors, including embarrassment, shame, or naivete, this number is unquestionably lower than the real number. FTC… Older Americans reported losses to fraud and scams totaling more than$ 1.6 billion, according to the Federal Trade Commission’s Consumer Sentinel report for 2022. Because some seniors choose not to report the scams committed against them due to a variety of factors, including embarrassment, shame, or naivete, this number is unquestionably lower than the real number. FTC… 

According to the Consumer Sentinel Report for 2022 by the Federal Trade Commission, older Americans reported losses of more than $1.6 Billion due to frauds and scams. This number is likely lower than the actual amount because many seniors fail to report scams for various reasons, such as embarrassment or shame. FTC…

  

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