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Ontario Seniors Targeted by Rising Scams

Published 2 weeks, 2 days ago
Description

New survey reveals surge in financial scams targeting Ontario seniors, with 89% receiving suspicious calls, emails, texts, or letters in the past five years. Scammers prey on retirement savings, with impersonation tricks, money requests, hacked accounts, and stolen information causing significant concern. Three-quarters believe theyre at moderate or higher risk of fraud, and many fear a loss could derail their retirement plans. Despite concerns, 82% feel comfortable discussing money worries with close family, highlighting the need for better safeguards.

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