How Seniors Can Protect Themselves From Fraud

2023-06-05T12:41:18-04:00June 5th, 2023|Categories: Fraud, Scams|Tags: , , , , , , , , |

  Fraud is growing, becoming more sophisticated, and seniors are often the target. According to newly released numbers from the Federal Trade Commission (FTC), consumers reported losing almost $8.8 billion to scams and fraud in 2022, up 30 percent from 2021. Fortunately, once you know what to look out for, there are steps that you can take to protect yourself. FirstLantic highlights some of the most common scams that target older Americans and the important measures you can follow to ensure you do not become a victim.   Fake Lottery is perpetuated through a phone call stating that you've won millions of dollars, but you need to pay administrative fees or taxes to receive the money. Grandparent Scam is when you receive a call or email from [...]