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 ...

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 ...