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FTC finds spike in reported losses from fraud among seniors, reaching $2.4 billion in 2024: Report
According to the FTC's report, there was a spike in reported losses from fraud among people 60 years and older. The FTC ...
The FTC's 2024–2025 report on protecting older consumers shows total fraud losses among adults 60 and older have quadrupled ...
One disturbing scam involves crooks who impersonate officials to convince consumers that they must withdraw money from ...
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Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000
Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...
Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social media pitches—drove the biggest losses, while phone ...
New analysis from the Federal Trade Commission shows that since 2020 consumers reported nearly 65,000 rental scams, many of which originated from fake listings on sites like Facebook and Craigslist, ...
Older Americans continued to lose billions of dollars to fraud in 2024, with scams increasingly exploiting trust, urgency and new technologies. The Federal Trade Commission said impostor scams, ...
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