Thursday, July 28, 2005

Elderly Americans lose millions to Internet scams - Yahoo! News

Elderly Americans lose millions to Internet scams - Yahoo! News: "Scams involving Internet auctions, as well as identity theft, lotteries, prizes and sweepstakes, top the list of fraud complaints by older Americans, who lost $152 million to con artists last year, U.S. officials told a Senate panel on Wednesday.
Internet-based scams are growing and now account for about 41 percent of fraud complaints the Federal Trade Commission receives from people over 50, Lois Greisman of the FTC's consumer protection division told the Senate Committee on Aging."
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