A new Federal Trade Commission (FTC) report highlights just how widespread impersonation scams have become.

Data shows a more than four-fold increase, from 2020 through 2024, in reports from older adults who say they lost $10,000 or more. Many lost $100,000.

An impersonation scam, or imposter scam, is when a criminal pretends to be someone they aren't to get access to your money or financial information. A new report from the Federal Trade Commission (FTC ...

Adults aged 60 and older were more likely to report extraordinarily high losses. An 18-year-old consumer in Michigan lost $4,800 this summer to a 'transfer it to protect it' scam after receiving an ...