Financial scams are everywhere these days. Whether it’s phishing attempts through email and text messages or a fraudster impersonating a loved one on the phone, there are a lot of traps to avoid.

According to the Federal Bureau of Investigation, adults aged 60 and above nationwide reportedly lost almost $7.5 billion in financial scams last year. That figure is up 59% from 2024. “The people who ...

Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...

Add Yahoo as a preferred source to see more of our stories on Google. A new bipartisan bill, the Financial Exploitation Prevention Act, was recently introduced in Congress and, if passed, it could ...

AI is a particularly powerful tool in the hands of fraudsters. Fraud powered by generative AI is only limited by the criminal's imagination. When it comes to preventing financial fraud, many experts ...

When one of his clients asked to withdraw $50,000 just before Christmas, financial advisor Clayton Winkler knew something was off about the request. What followed was a long, delicate series of ...

More Americans say they’ve experienced some form of financial fraud over the last year, according to a new Bankrate survey. The threat isn’t going away, as artificial intelligence is allowing scammers ...

As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...

OTTAWA--Canada's government will launch a new financial crimes watchdog as part of beefed-up efforts to tackle a surge in scams and fraud. The Liberal government also plans to introduce legislative ...