Fighting Back Against Scams / edited by Emilia Heber.

Format:

Book

Contributor:

Heber, Emilia, editor.

Series:

Social issues, justice and status series.

Social Issues, Justice and Status Series

Language:

English

Subjects (All):

Social sciences.

Physical Description:

1 online resource (238 pages)

Edition:

First edition.

Place of Publication:

New York : Nova Science Publishers, Inc., [2024]

Summary:

In 2022, the top scam types reported to the Committee shared many similarities to those reported by the Federal Trade Commission (FTC): imposter scams and prizes, sweepstakes, and lottery scams are both cited as some of the top reported categories. Though many of the same types of scams present themselves year after year, the methods through which scammers contact victims have diversified--Artificial Intelligence (AI) and social media now play a prominent role. Scammers are also using new payment methods, making losses difficult to trace. Gift cards are the main payment method used by scammers to request and steal money from older adults. In 2021, 27 percent of adults 60 and older who lost money paid a scammer using a gift card or a reloadable card. Peer-to-peer payment apps, like Zelle, Venmo, CashApp, and PayPal, are also increasingly used by scammers.

Notes:

Description based on publisher supplied metadata and other sources.

Description based on print version record.

ISBN:

9798891136199