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The State’s Division of Consumer Protection is providing consumers with tips to protect their money and financial information while using payment apps, after it was reported that last year, consumers nationwide reported over $390 million in losses to the U.S. Federal Trade Commission from App scams, which was about $100 million dollars more than the previous year. If you believe you made a payment to a scammer or find unauthorized payments on your account, report it to the mobile payment app and any bank involved, you can also report fraud to the FTC at reportfraud.ftc.gov and the FBI's Internet Crime Complaint Center at ic3.gov.
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U.S. Senator Kirsten Gillibrand discussed the Trump administration’s cuts to federal agencies that protect seniors from frauds and scams:
(Gillibrand 7-17-25)
Senator Gillibrand said that last year, seniors lost almost $5 billion to scammers; these financial losses can be devastating for older adults with limited income. Gillibrand has called on the Government Accountability Office to examine how cuts affect federal efforts to protect seniors from scams. Tips to help seniors can be found at aging.senate.gov or consumer.ftc.gov.
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(Gillibrand 7-17-25)
Senator Gillibrand said that last year, seniors lost almost $5 billion to scammers; these financial losses can be devastating for older adults with limited income. Gillibrand has called on the Government Accountability Office to examine how cuts affect federal efforts to protect seniors from scams. Tips to help seniors can be found at aging.senate.gov or consumer.ftc.gov.