A North Carolina woman lost $600,000 in a pig-butchering scam and later received a $225,000 tax bill from the IRS.
Some criminals know where the real money is – in retirement funds. Here's how to know if your 401(k) is at risk.
You've spent your entire professional life building up your 401(k) and other retirement accounts. That's why it's essential to keep them safe from scammers who want to steal your money. Unfortunately, ...
A fraudster brought home the bacon after a massive pig butchering scam. Lori Flowers, 58, was the latest victim in a massive, $600,000 scam after thinking she was helping out a friend. The ...
Key takeaways Fraud losses among older adults have nearly quadrupled since 2020. Adults aged 60 and over reported $2.4 billion in total fraud losses in 2024, up from $600 million in 2020, according to ...
Viral posts on TikTok and other platforms have falsely claimed 401(k) plans are "scams." Financial advisors say 401(k)s offer tax advantages, workplace matching and long-term growth. Experts warn ...
After losing $600,000 in a LinkedIn pig-butchering scam, Lori Flowers faced a $225,000 tax bill. A House bill could offer relief to fraud victims.
According to the loudest voices on social media, the traditional 401(k) is a trap designed by the government and big bad corporations to steal your money. Grant Cardone, for instance, has referred to ...
WASHINGTON, D.C. - Despite viral social media claims calling 401(k) retirement plans a "scam," financial professionals say these accounts remain valuable long-term saving tools when used appropriately ...