This con is robbing seniors blind—and growing fast
The number of older Americans getting scammed out of their savings has exploded over the last four years. A new report from the Federal Trade Commission (FTC) details how scams targeting…
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seniors
AI adds scarier scams, finds Senate hearing on seniors
Artificial intelligence has made it more difficult for seniors to identify scams, a problem for an already vulnerable population, witnesses at a Senate hearing said Thursday. Source link
Social Security benefits update: SSA is making a major change this year that will impact many seniors
The Social Security Administration (SSA) will officially stop issuing paper checks. The transition, which aims “to improve efficiency, security, and ensure beneficiaries receive their…
Social Security update: Payments of up to $5,108 to go out this week
The first round of Social Security retirement benefits for 2025 will be paid this week. Social Security benefits form the bedrock of retirement income for millions of older Americans.…
'Blessing scams' targeting Asian seniors are on the rise worldwide
[Source] A rising number of Chinese communities in the U.K. are falling victim to "good luck blessing” scams, which exploits cultural beliefs and fears. The scam primarily targets elderly…