It’s a common concern to worry about older adults experiencing a scam. After all, scammers are continually deceiving people with offers. It is easy to fall into their trap without even knowing the risks. Scammers typically prey on older adults because of their vulnerability. In 2021, the Federal Bureau of Investigation (FBI) found that there were over 92,000 older victims of fraud, resulting in a loss of $1.7 billion. This number increased by 74 percent compared to the previous year. Here are some helpful tips to prevent older adults and yourself from becoming victims of a scam.
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