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Law Enforcement Conducts Largest Coordinated Elder Identity Fraud Sweep in History

Law enforcement recently conducted the largest ever coordinated sweep of identity fraud cases targeting the elderly. The Justice Department reported that more than 1 million people collectively lost hundreds of millions of dollars through these scams. While phone-based scams might ensnare one senior at a time, email and other online channels allow fraudsters to reach millions of potential victims at once. The FTC also showed that, while scams against the elderly are a concern, younger citizens are equally at risk: 40 percent of millennials in their 20s said they lost money to fraud, compared to 18 percent of those over 70.”]

Source: https://securityintelligence.com/news/law-enforcement-conducts-largest-coordinated-elder-identity-fraud-sweep-in-history/

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