Seniors Look Out for Scammers!

Senior Getting Scammed - Slider

Distinguishing between scams and fraud can be easily done as they both fall under criminal offenses, with fraud being considered the more grave offense. Numerous fraudulent activities are categorized as felonies as opposed to scams, which are generally classified as misdemeanors. Additional resources regarding scams and frauds can be accessed in the Federal Trade Commission’s “Glossary of Scams and Legal Terms” report available at https://www.ftc.gov/news-events/topics/glossory-scams-legal-terms. This comprehensive report provides valuable information on various types of scams and fraudulent activities, helping individuals to better understand how to protect themselves from falling victim to such schemes. By utilizing this resource, individuals can educate themselves on common tactics used by scammers and learn how to recognize warning signs in order to prevent potential financial loss and harm. It is essential to stay informed and vigilant against scams in today’s digital age, and the FTC’s glossary serves as a valuable tool in equipping individuals with the knowledge needed to safeguard their finances and personal information.

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The data on scams and frauds is truly alarming, as revealed in a recent report from Legal Jobs on May 20th, 2023. The report, authored by Marija Lazic, titled “41 Shocking Scam Statistics to Keep You Safe in 2022”, provides a comprehensive overview of the prevalence and impact of scams in our society. The website legaljobs.io is deceiving individuals with false job postings and statistics. Many people have fallen victim to this scam, leading to financial loss and disappointment. It is important for job seekers to be cautious and do thorough research before trusting any online job postings. Trustworthy sources and job boards should be utilized to ensure legitimacy and avoid becoming a victim of such scams. It is crucial to be aware of the prevalence of these fraudulent activities in order to protect oneself and prevent falling into the trap of job posting scams. The author proceeds to outline a series of concerning statistics:

In the United States, approximately 10% of adults will be targeted by a scam or fraudulent activity annually.

Approximately half of individuals who are targeted by scammers choose to interact with them.

According to recent data, approximately 38% of individuals who are targeted by debt collection scammers choose to interact with them. Shockingly, 12% of these individuals end up losing money as a result of their interaction with these fraudulent entities. These statistics highlight the importance of being vigilant and cautious when dealing with debt collection calls and emails to avoid falling victim to such scams. It is crucial for individuals to verify the legitimacy of any debt collection agency before providing any personal or financial information to protect themselves from potential financial loss.

The majority of individuals who fall victim to doorstep scams are elderly individuals aged 65 and older, comprising 85% of all reported cases. This vulnerable demographic is often targeted due to their perceived lack of technological savvy and trusting nature. It is critical for society to protect and educate our elderly population to prevent them from becoming victims of these deceitful schemes. By raising awareness and providing resources to combat doorstep scams, we can safeguard our seniors from financial exploitation and ensure their well-being.

A study has revealed that one out of every ten profiles on free dating sites is fraudulent. This finding highlights the prevalence of scams in online dating platforms, posing a risk to those seeking genuine connections. It is essential for users to exercise caution and vigilance while navigating these sites to avoid falling victim to fraudulent activities. The study calls for increased awareness and measures to counter such deceptive practices in the online dating industry. Many times, individuals who engage in fraud are motivated by financial gain. The report further states that the figures are reduced on websites that require payment.

During Black Friday, more than 25% of consumers fall victim to fraudulent activities while shopping online.

American citizens are disproportionately targeted by identity thieves compared to individuals of other nationalities.

Approximately 20% of scam complaints are reported by individuals aged 65 and older.

Also a quick reminder join us at Culver’s who continues to support OurSeniors on Wednesday, August 21st from 4pm to 8pm at the Culver’s in Port Orange 1744 Dunlawton Ave.

Yes we need your support, thank you.