Americans over 60 lost $3.4 billion to online and phone scammers in 2023, the FBI reported, marking an 11% increase in “elder fraud” incidents since 2022. Americans over 60 lost more than $3.4 billion to online and phone scammers in 2023, the Federal Bureau of Investigation reported on Tuesday, marking a n 11 percent year-over-year increase in “elder fraud” incidents.
According to the FBI’s annual Elder Fraud Report, financial crimes targeting senior citizens are at an all-time high amid an explosion of increasingly complex fraud schemes. Since 2022, reports of elder fraud have increased by 14 percent. In 2023, this amounted to 101,000 complaints of elder fraud, with 5,920 people over 60 losing more than $100,000 each. Older Americans reported losing $3,400,000,000 to scams last year. Protect our seniors by being aware of the most common schemes. Review the #FBI ‘s newly released 2023 Elder Fraud Report. https://t.co/5mXpDIyjhD pic.twitter.com/RYva5c1lWg […]
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It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
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