The phone rings. The caller ID says “Medicare.” A polite voice tells you there’s a problem with your 2026 benefits, and they just need to verify a few things. Hang up. Immediately. That call could cost you everything. Reported fraud losses by Americans 60 and older hit $2.4 billion in 2024, up from $600 million in 2020, according to the Federal Trade Commission’s annual report to Congress.
