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Sources

Every number on this site comes from a primary source listed below.

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

  1. Federal Trade Commission. Protecting Older Consumers 2024-2025 (published December 2025). Report PDF
  2. Federal Trade Commission press release (December 2025): New FTC Data Show Skyrocketing Fraud Losses for Older Americans
  3. FBI Internet Crime Complaint Center. 2024 IC3 Annual Report. Report PDF
  4. FBI Internet Crime Complaint Center. 2024 Elder Fraud Report/Brochure. Report PDF