Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment ...

Older Americans may have lost up to $81.5 billion to financial fraud and scams from 2024 to 2025, as the FTC works to do ...

The Federal Trade Commission report shows that financial fraud losses for older Americans increased sharply in 2024.

From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to ...

Older adults lost $2.4 billion to fraud schemes in 2024, driven largely by reported individual losses of more than $100,000 to investment and romance scams, and impersonations, according to the ...

SCAMMERS OFTEN TARGET OLDER CONSUMERS. AND ACCORDING TO THE LATEST SCAM REPORT FROM THE FEDERAL TRADE COMMISSION, SCAMMERS ...