HONOLULU — According to a new AARP report, some 80% of U.S. consumers say they have experienced some type of fraud this year, with the intensity of fraud and scam activity sure to intensify over the holiday season.
What You Need To Know
Updated annually, the AARP Fraud Watch Network report highlights the ways criminals target consumers during the holidays
The percentage of consumers who have experienced fraud via fake notifications about shipments, fraudulent online ads or other scams has increased over the last year, when 76% of AARP survey respondents indicated they had been targeted
Fraudsters often place fake ads online and across social media promising steep discounts on the hottest items, a potentially high-yield scam given AARP’s finding that significantly more consumers plan on shopping online compared to the last two holiday seasons
AARP also pointed to the continuing increase in the use of peer-to-peer payments services, which provide little protection against scams
Updated annually, the AARP Fraud Watch Network report highlights the ways criminals target consumers during the holidays.