Metrics used on this website
- FTC: Reported fraud losses among adults 60+ rose from about $600 million (2020) to $2.4 billion (2024).
- FTC: In 2024, about 5% of older-adult loss reports were over $100,000 and those reports accounted for about 68% of aggregate reported losses.
- FTC: Estimated overall cost of fraud to older adults in 2024 is between $10.1 billion and $81.5 billion due to underreporting and method differences.
- FBI IC3: In 2024, victims age 60+ submitted 147,127 complaints with about $4.885 billion in reported losses.
- FBI IC3 elder-fraud brochure: over 147,000 victims 60+ reported almost $4.9 billion in losses; average loss exceeded $83,000; more than 7,500 victims lost over $100,000.
Primary citations
- Federal Trade Commission. Protecting Older Consumers 2024-2025 (published December 2025). Report PDF
- Federal Trade Commission press release (December 2025): New FTC Data Show Skyrocketing Fraud Losses for Older Americans
- FBI Internet Crime Complaint Center. 2024 IC3 Annual Report. Report PDF
- FBI Internet Crime Complaint Center. 2024 Elder Fraud Report/Brochure. Report PDF