Scammers are targeting older adults with false alarms and fake security alerts, convincing them to send money to thieves. Reports show a growing wave of scams aimed at retirees' life savings, with losses increasing fourfold from $10,000 to over $100,000. Scams often start with a lie that gets attention, such as:
Scammers claim the only way out of the crisis is to follow their instructions, which includes sending money to the scammers. To stay vigilant and avoid these scams:
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