FTC warns of increase in romance scams, especially targeting older adults
Fox News
An increasing number of American seniors have been targeted for romance scams during the pandemic.
"Romance scams; prize, sweepstakes and lottery scams; and business impersonator scams caused the highest aggregate reported losses for older adults," the FTC wrote in its 55-page Protecting Older Consumers 2021 — 2021 report, which was published and submitted to Congress on Monday, Oct. 18.
Out of the five named scam types, reported romance scams were "the highest aggregate dollar losses" in 2019 and 2020, according to the FTC.
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