Seniors are frequent targets for fraud due to savings and tech gaps. Learn the most common scams and how older adults can ...

(WJAR) — Tech support scams are impacting older Americans at a staggering rate. According to the Federal Trade Commission, tech support scams target people 60 and older about five times more often ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The firm will also be permanently banned from processing ...

On June 16, 2025, the FTC announced it had reached a settlement with a UK-based payment processor, resolving allegations that the company facilitated deceptive tech-support schemes by processing ...

A Bengaluru-based cyber fraud network, posing as Microsoft Support staff, has defrauded over 150 US and UK citizens via Bitcoin ATMs.

Better Business Bureau offers tips to consumers to help protect themselves from scams and encourage them to do research.

Anyone can fall victim to fraud but the elderly may be particularly vulnerable. In 2024, Americans aged 60-plus reported the ...

Consumers lost $12.5 billion to scams in 2024. Imposter scams, for example, were the most commonly reported category and claimed nearly $3 billion. To combat this growing problem, the Federal Trade ...

Phyllis Weisberg, 90, never thought she’d fall for a scam. Though widowed and living alone, she maintained robust social connections and confidently used her mobile phone and laptop computer to ...

The Federal Trade Commission has reached a settlement with U.K.-based payment processor Paddle.com Market Limited and its U.S. subsidiary, Paddle.com, Inc., that includes a $5 million payment and a ...