According to an AARP survey, 61% of older adults are worried they will not have enough money to support themselves in retirement, and 20% of older adults have no retirement savings at all.
The latest scam making the rounds is asking you to pay a toll through a text. It might look real, but there are a few red flags to watch out for. The Federal Trade Commission recently released a consumer warning about these types of scams.
Newly elected Oregon Attorney General Dan Rayfield talked with the Bulletin about ways to prevent fraud — and what drives him to protect older Oregonians.
The AARP-backed bill would require employees of financial institutions to put a hold on transactions if they suspect a person 60 or older is a victim of fraud.
The kiosks—often located in gas stations, groceries or convenience stores—convert cash into difficult-to-trace digital currency. Growth in such scams has led to calls for legislation to better protect South Carolina consumers.