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Fraud losses surge among US seniors aged 60 and older

CNBC ·

  1. 1The Federal Trade Commission announced that reported fraud losses for Americans aged 60 and older reached $3 billion last year.
  2. 2This is an increase of approximately 25% from the $2.4 billion reported in 2024.
  3. 3Investment fraud losses exceeded $1 billion, rising 42% compared to 2024.

So what's the key point?

The amount of money US seniors lost to fraud rose to $3 billion last year. In particular, losses from investment fraud jumped significantly by 42%.

Source CNBC · View original ↗

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