How criminals are exploiting personal information to target vulnerable seniors in elder fraud
Scammers are using leaked personal information to rob older Americans of their hard-earned money.
In 2023, people over 60 lost a whopping $3.4 billion to scams, a 10.6% increase from 2022, according to the FBI's IC3 reports.
Tech support scams are the most common, affecting the most people and causing the biggest financial losses. Other common scams include investment fraud, romance fraud and identity theft.
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