Scams take many forms so being aware and understanding the variety of ways criminals use to steal money can help you stay a step ahead of scams. Scammers may seek payment through hard-to-trace methods with few or no protections including gift cards, cryptocurrency, wire transfers, peer-to-peer apps and, more recently, gold bars.
Want to enjoy the peace of mind that comes with having your financial matters in order? This is where we can help. AARP is working to empower you with information and resources that can help bring comfort and security for you and your loved ones.
In 2023, Americans reported losing more than $10 billion to fraud—ranging from romance and investment schemes to gift card scams—according to Federal Trade Commission data. A new state law aims to protect older Americans from financial exploitation.
The numbers are in and last year was yet another historic year for fraud. The Federal Trade Commission released its annual compendium of fraud reports from 2023, and the news is shocking. For the first time ever reported theft through fraud topped $10 billion. The total is 14% higher than what was reported in 2022 and 5 times greater than reported losses in 2019. Key takeaways from the report include:
AARP Connecticut submitted to the Public Utilities Regulatory Authority (PURA) the names of more than 2,700 Connecticut residents who signed a petition that opposes a combined rate increase proposal by the Connecticut Natural Gas Corporation (CNG) and Southern Connecticut Gas Company (SCG).
AARP Connecticut – advocates for age 50+ Connecticut residents and their families – works with lawmakers on both sides of the aisle to support legislation and issues that make our state a great place to live for people of all ages.