Imposter scams cost older adults $700 million in 2024, FTC finds: Some victims are ‘clearing out’ their 401(k)s

Imposter scams cost older adults 0 million in 2024, FTC finds: Some victims are ‘clearing out’ their 401(k)s

Key Points

Americans age 60 and older are reporting being victims of imposter scams in increasing numbers, according to the Federal Trade Commission.
They sometimes lose all the savings held in a bank account or 401(k), the agency said.
There are ways to avoid getting scammed.

Source

Finance

Stocks making the biggest moves midday: Paramount Skydance, Rubrik, Netflix, Parsons, Albemarle and more

December 5, 2025

Check out the companies making headlines in midday trading: Netflix , Warner Bros. Discovery — Shares of Netflix pulled back almost 3%, while Warner Bros. Discovery added almost 4% in midday trading after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. But trading has been volatile as […]

Finance

Stocks making the biggest moves premarket: Rubrik, Netflix, Victoria’s Secret, Sofi, Ulta and more

December 5, 2025

Check out the companies making headlines before the bell. Netflix , Warner Bros. Discovery — Shares of Netflix and Warner Bros. Discovery pulled back almost 3% and roughly 1%, respectively, after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. Rubrik — Shares jumped nearly 19% after the […]

Finance

Is bitcoin really digital gold? In 2025, the leading crypto has failed to answer that question

December 5, 2025

ETF Edge Is bitcoin really digital gold? In 2025, the leading crypto has failed to answer that question Published Fri, Dec 5 20257:30 AM EST Krysta Escobar WATCH LIVE Source