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Last year, consumers of all ages were scammed out of $8.8 billion. And older adults lost the most money compared to other age groups, according to the Federal Trade Commission.
This summer, Daniel Goldstein’s 86-year-old mom got an email that looked like it was from her bank. Instead, she lost $600 to a scammer. While everyone wants to protect their parents and grandparents from scammers, sometimes these conversations can be complicated to navigate.
MIRI, Nov 4 A local pastor incurred losses amounting to RM430,000 after he was deceived into joining an investment scheme that was promoted on social media. Sarawak Police.