Love can make you do some pretty crazy things. At least that’s how the saying goes, right?
Well, now scammers are capitalizing on that by trying to use love to get their hands on cold, hard cash. In 2023 alone, the Federal Trade Commission reports, Americans lost $10 billion to scams, a $1 billion increase from 2022. The data is even more alarming for older Americans. The FTC says it received more than 2 million reports of fraud in 2022, with a third of those coming from adults 60 and older. The losses totaled more than $1.6 billion. So, how are seniors being targeted, and what can they do to protect themselves?
