Protecting older NC adults from financial scams

From impersonations to investment schemes and AI, scammers appear to be targeting older adults in North Carolina and across the country more than ever. The latest report from the Federal Trade Commission reveals older adults lost $1.6 billion to scammers last year, almost half of it to bogus investments. Joe Mecca, vice president of communications for Coastal Credit Union in Raleigh, said recognizing scams can be a challenging task for seniors and their financial caregivers, as scammers find new ways to tap into people's money. ...

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