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 m ...

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

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 "everything possible" to "shut down illegal scams." ...

This week I thought I’d mix it up a little and instead of warning about the next scam, I’d provide some resources on how to report scams. In the past, I’ve occasionally mentioned where to contact, ...