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10/23/2024

FTC report reveals impact of fraud on older consumers

WGAL

Older people are the most vulnerable members of society when it comes to scams.

A new report offers insight into how seniors are being scammed and what can be done to protect them.

One thing that is important to note is that most senior fraud is not reported.

The FTC found that older adults reported losing more than $1.9 billion to fraud in 2023.

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