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Imposter scams cost older adults 0 million in 2024: FTC

Imposter scams cost older adults $700 million in 2024: FTC

10’000 Hours | Digitalvision | Getty Images Criminals are increasingly pilfering the retirement and other financial accounts of older Americans via so-called “imposter” scams, the Federal Trade Commission reported Thursday. The frauds tend to go like this: Scammers conjure a fake crisis and pose as trustworthy sources — perhaps a representative for a bank or…

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