AARP Hearing Center
Scams & Fraud
Virginia Attorney General Jason Miyares (R) says the “explosion of scams” has prompted the state to ramp up its fraud-prevention education efforts.
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.
Financial security is part of aging well. AARP Hawaii can help.
STORY UPDATE 8/22/23:
For many fraud victims, the financial toll is only part of the story; nearly two in three victims suffer a significant health or emotional impact, according to research by the FINRA Investor Education Foundation.
Con artists don’t care how hard you worked. Stay informed to stay protected!
Homeowners in Ohio need to be aware of an alarming trend in real estate agreements first seen in other states and now in Ohio. It seems like a great deal, but the terms of the contract could cause you serious problems down the road.
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