Scams against seniors soar, costing some their homes and retirement accounts

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A growing amount of romance scams, fake call center customer support and crypto-investment schemes have been used to target and defraud older adults.

In fact, people over 60 years old lost $3.1 billion last year, an 84% surge from 2021, amid an increase in the amount and sophistication of such schemes, according to the Federal Bureau of Investigation’s Internet Crime Complaint Center, a central intake point for victims to report fraud. 

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