BBB on Seniors: Feeling lucky? Watch out for scams
Older adults have been identified as prime targets for sweepstakes, lottery, and prize scams. Recent data gathered from the Better Business Bureau (BBB), the Federal Trade Commission (FTC) and the Internet Crime Complaint Center (IC3), indicates that as much as 80 percent of the money lost in these types of scams are from consumers over the age of 65.
Despite concerted efforts by law enforcement these scams continue to thrive as, last year alone, the FTC received nearly 125,000 reports of sweeps
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