It seems like a day does not go by that we don't hear about a new scam. What we're going to look at this time is a scam that's been around for a while, but it's become so serious now that the US government has issued a strong warning because it has become so pervasive. loading...

According to msn.com,

‘The scam, which typically targets older adults but has also targeted younger consumers, involves scammers impersonating trusted government agencies or businesses to convince consumers to transfer money to protect it. In reality, however, the scammers are attempting to steal the money.’

The FTC says that there's been almost a 200% increase since 2020 of reports of older Americans losing Up to $10,000 from scammers, and even more alarming. The FTC says there's been a 400% increase of

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