Seniors Are Falling Victim to Fraud at an Alarming Rate in This State
Briefly

Elder fraud in 2023 saw a 14% rise from 2022, with the elderly facing $3.4 billion in fraud losses, according to FBI data.
The FBI's Internet Crime Complaint Center highlights that fraudulent activities targeting older individuals are significantly underreported.
Complaints about elder fraud surged, indicating that financial exploitation against senior citizens is becoming an alarming phenomenon despite preventive efforts.
Elderly victims submitted the most fraud complaints, marking them as the age group most affected by these crimes in 2023.
Read at 24/7 Wall St.
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