Robocalls Are Tricking Targets Out Of Their Money

The video discusses the prevalence of robo call scams, highlighting that younger Americans are more frequently targeted but lose less money compared to older individuals. Scams are tailored to different age groups, with younger people often tricked by purchase-related fraud and older individuals targeted through healthcare scams. The FCC has introduced the stir shaken directive to reduce these calls, but compliance among telecom companies is still low, with only 31% reporting adherence. Despite some reduction, robo calls remain a significant issue, with billions still occurring monthly.

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