The scam is sometimes deceptively simple, as easy as stealing a credit card offer from your trash. Other times it can be far more complex, like the infamous con preying on worried grandparents. No matter the form, the impact is devastating. Identity theft, investment fraud and scams rob millions of Americans – last year there were 12.6 million victims of identity theft alone.
AARP Minnesota commended a bipartisan group of state legislators today after the House of Representatives overwhelmingly approved legislation, HF 194, to crack down on wire transfer fraud. According to the Minnesota Department of Public Safety, tens of thousands of Minnesotans have been scammed by making a wire transfer, resulting in millions of dollars of loss per year.
ST PAUL – For years AARP Minnesota has worked to help provide seniors with the tools and information they need to protect themselves from fraud. Today, AARP is teaming up with Capitol leaders to support legislation to make it harder for scammers to target Minnesotans. Senator Terri Bonoff and Representative Joe Atkins have introduced SF 247 and HF 194 which will increase protections against fraudulent wire transfers.
Search AARP Minnesota
Sign Up & Stay Connected