Elderly Woman Scammed by FBI

This is a news story, published by Fox News, that relates primarily to The Federal Trade Commission news.

personal finance & financial education news

For more personal finance & financial education news, you can click here:

more personal finance & financial education news

Fox News news

For more news from Fox News, you can click here:

more news from Fox News

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like personal finance & financial education news, you might also like this article about

such elder fraud scams

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest ordinary scam news, Emergency scams news, personal finance & financial education news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

elder scams

Fox News

•

Scammers exploited mom’s fears to steal her entire life's savings

Summary

Nutrition label

63% Informative

The Federal Trade Commission says seniors lose billions of dollars annually to fraud.

Scammers target older adults for several reasons: They often have accumulated savings, they may be less familiar with modern technology, and they are more likely to trust strangers.

Be wary of unsolicited calls or emails asking for personal or financial information.

The best way to safeguard yourself from malicious links that install malware is to have antivirus software installed on all your devices.

This protection can also alert you to phishing emails and ransomware scams.

If you suspect you've encountered a scam, report it to your local authorities, the Federal Trade Commission and relevant financial institutions.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity