Scammers are always finding new ways to dupe people out of money. In the U.S., phone calls remain the primary way swindlers hook older victims.
A study published last month by the Federal Trade Commission found that 24% of adults over age 60 who reported losing money to a scam in 2021 said it started with a phone call—the largest percentage of any method, including email, text and mail. For victims 80 and older, phone calls were behind 40% of scams.