Scams & Fraud
Let’s be honest, most of us have done it: taking one of those viral social media quizzes or threads that seem so fun and innocent. Post a picture of your first car. What cartoon princess are you? What record was number one the year you graduated high school?
Summer has finally arrived, but the beginning of beach season inevitably brings weight loss scams with it. Criminals take advantage of the season to offer bogus solutions for losing weight or getting in shape. Here’s how these scams generally work.
More than 369,000 incidents of financial abuse targeting older adults are reported to authorities in the U.S. each year, causing an estimated $4.8 billion in losses. And those numbers likely understate the problem considerably. However, as we approach World Elder Abuse Awareness Day on June 15, it’s good to remember that there are things we can do to stop elder financial exploitation.
Scammers are adept at manipulating the latest technological advances to commit their crimes. These days it’s happening in the world of artificial intelligence – commonly known as AI.
In collaboration with our Consumer Issues Task Force (CITF) - led by Chairperson Mary Bach and supported by Associate State Director of Community Outreach David Kalinoski - AARP Pennsylvania has a long and respected history of advocating to spread information and knowledge about frauds and scams.
Criminals have so many ways to getting in touch with us these days. According to new data from the Federal Trade Commission, the winning entry path in 2022 was the internet.
If there is one constant in the criminal world it’s that scammers follow the news. Student loan forgiveness has been the focus of recent headlines, which has given scammers room for student-loan-related fraud.
According to the Federal Trade Commission, consumers reported losing $2.6 billion to impostor scams in 2022. One of the longest running impostor scams involves the IRS, so tax time is a good time to draw attention to it.
Contractor fraud and home improvement scams can cost homeowners thousands of dollars and leave them with shoddy workmanship, unfinished projects, or even damage to their homes. Scammers often target older adults who may be more trusting, but anyone can fall victim to these scams.
Banking has changed quite a bit thanks to the internet. While many people still prefer the brick and mortar experience when dealing with their money, today you can do many of the same functions online and over the phone. Criminals are cashing in on these remote transactions by impersonating banks.
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