Think fraud is an issue only other folks need to worry about? Think again. A recent AARP study shows that we all must take the risk seriously. An estimated nine in 10 Americans—that’s 229 million people—encountered a fraud attempt last year. And 33 million people lost money to a scam in 2020.
Fraud
reports skyrocketed during the pandemic, just as technology and business
sophistication allowed scammers to cast even wider nets to snare unsuspecting
victims. Fortunately, AARP and allies are working hard to keep up with the
explosion of scams and schemes—and keep you informed on how to spot and thwart
potentially sticky situations.
“Consumer
advocates have long struggled to identify exactly who is most likely…