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7 Scams That Can Destroy Your Finances
By – Grandparents.com, via Huffington Post)
Identity theft, imposter scams, charity scams, Medicare scams—the ways crooks have devised to bilk you out of your money seem endless. And the amount of money they take is staggering. In 2012 (the most recent statistics available) there were 16.6 million victims of identity theft alone, who suffered over $24.7 billion in financial loss, according to the Bureau of Justice Statistics Identity Theft Survey. Consumers also reported over $223 million in losses between 2012 until May 31, 2014 from imposter scams (thieves pretending to be everything from a grandchild who needs money, to a telemarketer saying you’ve won a prize), according to the Federal Trade Commission, the nation’s consumer protection agency. Read more…