A pig butchering scam is a type of online investment fraud where scammers create fake personas to gain victims' trust and steal money. These scams often use social engineering and AI technology to ...

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. Frauds and ...

Financial scams are everywhere these days. Whether it’s phishing attempts through email and text messages or a fraudster impersonating a loved one on the phone, there are a lot of traps to avoid.

According to the Federal Bureau of Investigation, adults aged 60 and above nationwide reportedly lost almost $7.5 billion in financial scams last year. That figure is up 59% from 2024. “The people who ...

One of the most underestimated parts of being a savvy investor is identifying and defending against financial abuse and ...

Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...

Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing ...

More Americans say they’ve experienced some form of financial fraud over the last year, according to a new Bankrate survey. The threat isn’t going away, as artificial intelligence is allowing scammers ...

Over half of Americans have been targeted by financial scams, a recent survey found. Of those targeted, nearly all lost money, with the average loss being $874. While most victims who reported the ...

When one of his clients asked to withdraw $50,000 just before Christmas, financial advisor Clayton Winkler knew something was off about the request. What followed was a long, delicate series of ...