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FTC: Scammers stole $445M from older Americans in 2024

Summary by WPRI 12
PROVIDENCE, R.I. (WPRI) — Scammers posing as government agencies and businesses cost Americans age 60 and older their life savings in 2024. New data from the Federal Trade Commission shows that about $445 million was stolen by bad actors who carried out schemes over the phone or online. In the video above, Target 12 consumer reporter Sarah Guernelli speaks with Patrick Laverty of Compass Cyber Guard about the red flags to watch out for. MOR…

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WPRI 12WPRI 12
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FTC: Scammers stole $445M from older Americans in 2024

PROVIDENCE, R.I. (WPRI) — Scammers posing as government agencies and businesses cost Americans age 60 and older their life savings in 2024. New data from the Federal Trade Commission shows that about $445 million was stolen by bad actors who carried out schemes over the phone or online. In the video above, Target 12 consumer reporter Sarah Guernelli speaks with Patrick Laverty of Compass Cyber Guard about the red flags to watch out for. MOR…

·East Providence, United States
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WPRI 12 broke the news in East Providence, United States on Thursday, August 14, 2025.
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