Schemes targeting seniors account for $3.4 billion in reported losses, FBI says (1 Viewer)

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    Washington — Americans over 60 years of age fell victim to so-called elder fraud crimes more frequently last year than in any other year and accounted for an estimated $3.4 billion in total reported losses, according to a newly released FBI report.

    Reports of criminal schemes targeting seniors in the U.S. increased by 14% between 2022 and 2022, federal investigators said, warning that investment scams are the costliest to the elderly. In all, over 101,000 complaints of fraud perpetrated against individuals over 60 years of age were filed to federal...

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