How one man lost $740,000 to scammers targeting his retirement savings

Retirees are viewed as having the largest nest eggs.

View in browser|nytimes.com August 12, 2024 A 76-year-old retiree lost $740,000 to scammers targeting his savings. He's not alone. Hailey Sadler for The New York Times Here's how the scams work. → Sign up for the Your Money newsletter Get a better grasp on your finances. Get it in your inbox Need help? Review our newsletter help page or contact us for assistance. You received this message because you signed up for updates from The New York Times. To stop receiving From The Times, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings. To opt out of updates and offers sent from The Athletic, submit a request. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018