May
13
2024
Beware of These Scams Aimed At Seniors
According to the Canadian Anti-Fraud Centre1, in 2023 there were over 62,000 reported fraud victims. Seniors in Canada are getting bilked out of more than $500 million every year. It is estimated that as many as one in five seniors have lost money to fraudsters and most don't report it.
Even though seniors today may be mentally sharper than ever, they are still the con artists' favorite target because they generally have more disposable cash and are often more trusting.
