Scam Watch-Be On Guard
In 2024, scams reported to the Federal Trade Commission (FTC) by adults age 60 and older reached $2.4 billion, up 26.3% from $1.9 billion in 2023, according to the FTC’s annual report to Congress. The increase was driven by scams that involve individual losses of $100,000 or more, accounting for $1.6 billion of the total. Here are four common financial scams targeting seniors—and what victims

