Scams aiming to trick older Americans into giving money to strangers impersonating companies, government agencies and other entities have increased significantly since 2020, the Federal Trade Commission reported.

Americans age 60 and older are increasingly reporting being victims of imposter scams, sometimes losing their life savings.

Scams aiming to trick older Americans into giving money to strangers impersonating companies, government agencies and other entities have increased significantly since 2020, the…