False alarm, real scam: how scammers are stealing older adults’ life savings
Reports to the FTC show a growing wave of scams aimed squarely at retirees’ life savings. These scammers pretend to be from known and trusted government agencies and businesses. And, in an ironic twist, recent scams use fake security alerts and other false alarms to prey on older adults’ vigilance about protecting their money and identity to steal from them. [1] Some people 60+ have reported emptying their bank accounts and even clearing out...