Internet and Phone Scammers Targeting the Elderly

Scams raging across the United States targeting seniors have reached epidemic proportions in large part because of the internet and the ability of scam artists to access enough information on vulnerable individuals to fool them into giving away hundreds of thousands or even millions of dollars. Total losses vary from $2.9 billion to $36 billion each year from financial exploitation. The estimates vary so widely because a large number of scams are never reported.

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