Poll finds,Newport International Group
Most consumers face fraud attempts, poll finds
Financial fraud is widespread in America, a new poll says, with more than 4 out of 5 respondents saying they’ve been targeted by scammers in one form or another.
Though most people don’t respond to bogus investment pitches, 11 percent have lost “significant” amounts of money in scams, according to the survey by the Financial Industry Regulatory Authority, a Wall Street industry watchdog.
Elderly people are particularly vulnerable, FINRA said, both to being targeted and to falling prey and losing money.