People aged 60 and older are particularly vulnerable. The age group may be less tech-savvy, more likely to be targeted and have more money saved, making them lucrative targets for scammers. The ...

Learn the 15 most common financial scams targeting consumers today and how to spot red flags, protect your money, and avoid falling victim.

Unsavory financial advisors may cheat their clients through deceptive practices such as Ponzi schemes, churning techniques, and pump-and-dump scams. Advisors who pressure you to make quick investment ...

These tricks have become more convincing every year, and millions of people fall for them. Learning how to avoid scams is not ...

(CNN) — While financial scams have always been around, the variety of schemes that scammers employ to steal money are easily proliferated these days with the internet, social media, AI and crypto.

Older adults are more vulnerable to financial scams, with the FBI reporting that people aged 60 and older lost a combined $3.4 billion to scams in 2023. Scammers target this demographic because they ...

Fraud powered by generative AI is only limited by the criminal’s imagination. When it comes to preventing financial fraud, many experts optimistically predicted that AI would serve as the “silver ...