Last year, at least 12,400 Americans age 60 and older each lost more than $100,000 to online scammers, according to the FBI’s 2025 Internet Crime Complaint Center report. Total losses tied to elder fraud topped $7.7 billion across more than 201,000 complaints. The payment methods scammers demand, including gift cards,

When a school district in the Midwest switched its 401(k) plan from a lineup of actively managed funds to a set of low-cost index options in 2019, one longtime employee ran the numbers and realized the old plan’s fees had cost her more than $40,000 over 18 years. She had

The following scenario is a composite illustration drawn from the pattern described in hundreds of complaints filed with the Federal Trade Commission and the Social Security Administration’s Office of Inspector General. On a Tuesday morning, a 73-year-old woman walks into her bank and withdraws $80,000 in cash. She tells the