2023 FBI Elder Fraud Annual Report reveals a 11% increase in financial exploitation of seniors aged 60+, with Florida ranking 2nd in complaints and losses.

The 2023 FBI Elder Fraud Annual Report shows a surge in financial exploitation of seniors aged 60+, with total losses exceeding $3.4 billion (up 11% from 2022). Florida ranks 2nd for complaints & losses; seniors lost $90m to investments, $51.5m to tech support scams, and $40m to romance scams. The FBI warns of AI software used by scammers to impersonate relatives.

May 14, 2024
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