The FBI says on its website that it estimates that seniors lose more than $3 billion each year to fraudsters. Scammers go after seniors because they believe older adults have a significant amount of money sitting in their accounts. 

At home, the Singapore Police Force last year flagged the top three common scams involving seniors aged 60 and above as phishing scams, social media scams and investment scams. 

Cybersecurity firm Kaspersky reported that almost one in three seniors in Southeast Asia experience anxiety when paying online.

How can we help the seniors among us?

In the Spotlight, Bharati Jagdish and Timothy Go speak with Sohini Rajola, Regional Head of Asia Pacific, Western Unionto find out more.

The FBI says on its website that it estimates that seniors lose more than $3 billion each year to fraudsters. Scammers go after seniors because they believe older adults have a significant amount of money sitting in their accounts. 
At home, the Singapore Police Force last year flagged the top three common scams involving seniors aged 60 and above as phishing scams, social media scams and investment scams. 
Cybersecurity firm Kaspersky reported that almost one in three seniors in Southeast Asia experience anxiety when paying online.
How can we help the seniors among us?
In the Spotlight, Bharati Jagdish and Timothy Go speak with Sohini Rajola, Regional Head of Asia Pacific, Western Union to find out more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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