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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. .
An advisory group on preventing senior scams was highlighted in a Senate hearing Thursday that discussed the broader issue of fraud directed at seniors.