Criminals behind robocall scams are making millions of dollars preying on their victims, AARP's Amy Nofziger warned on the Consumerpedia podcast.
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An AARP survey found that 17 percent of American adults 50-plus know a family member or loved one who has lost money to a scam.
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More than 7 million U.S. households have neither a checking nor a savings account, and 26 million don’t have a credit history.
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Last week, AARP announced the launch of “ The Perfect Scam”, a weekly podcast profiling America’s most shocking consumer scam stories.
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Fraud is a growing problem across the U.S., with more than 1.2 million fraud-related complaints reported to the Federal Trade Commission’s Consumer Sentinel Network (CSN) in 2015 alone. Among those complaints, a total of $765 million was lost by consumers who fell victim to scams, according to…
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For everyone who hates getting automated robocalls on their phone or spam text messages, the Federal Communications Commission has gotten the message.
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Every week, volunteer Joe Pells goes to the AARP Foundation Colorado Consumer Fraud Prevention Call Center in Denver and makes about 90 phone calls to warn seniors about financial scams. He's done this for three years, spoken to nearly 5,000 people and performed more than 500 hours of service.
More than $70 billion dollars: that's the amount of money that was spent on lottery tickets in North America last year. Seems like a lot of money to be spending on a thrill that usually only lasts a few minutes, according to state lottery commissions (and this AARP article), the odds of winning a…
Here is another good retirement advice article from U.S. News and World Report online. It's called " 10 Reasons You Shouldn't Retire." The author points out that even though it can be tempting to quit your day job and dream of days without the responsibility of a job, the benefits of staying in the…
This headline from the Wall Street Journal caught my eye this morning: " What Should You Do With Your Money in 2010?" Wouldn't it be nice if you could have a heart to heart with six different financial advisors and see what they had to say about investing next year? Since that is probably not…
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