As today’s annual report to Congress makes clear, the safety of older consumers in the marketplace is a priority for the FTC. Protecting Older Consumers 2020 – 2021: A Report of the Federal Trade Commission summarizes the agency’s ongoing law enforcement efforts, new research results, and extensive outreach aimed at keeping older adults safe from scams including those related to the COVID-19 pandemic.
Here are some highlights of the report:
Law enforcement: In the past year, the FTC sued numerous schemes that targeted or had a negative effect on older adults. For example, the FTC charged that: