Showing 1 to 6 of 6 results
Family Fraud Costs Seniors $28 Billion Annually
Family fraud costs American seniors over \$28 billion yearly, with 70% perpetrated by known individuals; proactive data removal, unlisting phone numbers, and identity monitoring are key preventative measures.
Family Fraud Costs Seniors $28 Billion Annually
Family fraud costs American seniors over \$28 billion yearly, with 70% perpetrated by known individuals; proactive data removal, unlisting phone numbers, and identity monitoring are key preventative measures.
Progress
52% Bias Score
Fraudulent Coaches Exploit Life Crises for Financial Gain
Self-proclaimed coaches and mentors using social media lure clients with promises of quick success and attractive certificates, often resulting in financial loss and disappointment, as explained by psychologist Bianca Liebrand.
Fraudulent Coaches Exploit Life Crises for Financial Gain
Self-proclaimed coaches and mentors using social media lure clients with promises of quick success and attractive certificates, often resulting in financial loss and disappointment, as explained by psychologist Bianca Liebrand.
Progress
56% Bias Score
AI Voice Cloning Fuels Rise in Grandparent Scams, Costing Seniors \$3.4 Billion
AI-enabled voice cloning is facilitating a rise in grandparent scams, with senior citizens losing approximately \$3.4 billion to such fraud in 2023, prompting cybersecurity experts to recommend the use of family safe words to verify callers' identities.
AI Voice Cloning Fuels Rise in Grandparent Scams, Costing Seniors \$3.4 Billion
AI-enabled voice cloning is facilitating a rise in grandparent scams, with senior citizens losing approximately \$3.4 billion to such fraud in 2023, prompting cybersecurity experts to recommend the use of family safe words to verify callers' identities.
Progress
40% Bias Score
\"Crypto ATM Fraud Soars in Australia, Targeting Older Citizens\"\
Over 1800 cryptocurrency ATMs in Australia are facilitating \$3 million (likely much more) in annual fraud, primarily targeting older Australians through various scams; authorities are implementing regulations but recovery is nearly impossible.
\"Crypto ATM Fraud Soars in Australia, Targeting Older Citizens\"\
Over 1800 cryptocurrency ATMs in Australia are facilitating \$3 million (likely much more) in annual fraud, primarily targeting older Australians through various scams; authorities are implementing regulations but recovery is nearly impossible.
Progress
40% Bias Score
CFPB Sues Zelle Owners, Threatening to Eliminate Safer Payment System
The CFPB is suing Zelle's owners for hundreds of millions in scam losses, proposing banks cover losses which may lead to Zelle's discontinuation, highlighting the unintended consequences of price controls on innovation in consumer protection.
CFPB Sues Zelle Owners, Threatening to Eliminate Safer Payment System
The CFPB is suing Zelle's owners for hundreds of millions in scam losses, proposing banks cover losses which may lead to Zelle's discontinuation, highlighting the unintended consequences of price controls on innovation in consumer protection.
Progress
56% Bias Score
Cognitive Decline and Retirement Savings: A Study Reveals Significant Financial Losses
A study of over 16,000 Americans aged 50-80 found that those unaware of their cognitive decline experienced an average 8.2% decrease in total wealth over two years, with the wealthiest quartile losing $92,983 on average; the study highlights the importance of preventative measures such as designatin...
Cognitive Decline and Retirement Savings: A Study Reveals Significant Financial Losses
A study of over 16,000 Americans aged 50-80 found that those unaware of their cognitive decline experienced an average 8.2% decrease in total wealth over two years, with the wealthiest quartile losing $92,983 on average; the study highlights the importance of preventative measures such as designatin...
Progress
44% Bias Score
Showing 1 to 6 of 6 results