FBI: Scammers took $3.4B from older Americans in 2023

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FBI: Scammers took $3.4B from older Americans in 2023
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The FBI received more than 100,000 complaints by victims of scams over the age of 60 last year, with nearly 6,000 people losing more than $100,000. It follows a sharp rise in reported losses by old…

File photo: The FBI says investigators are seeing organized, transnational criminal enterprises targeting older Americans through a variety of schemes, like romance scams and investment frauds.WASHINGTON — Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released Tuesday that shows a rise in losses through increasingly sophisticated criminal tactics to trick the vulnerable into giving up their life savings.

The FBI received more than 100,000 complaints by victims of scams over the age of 60 last year, with nearly 6,000 people losing more than $100,000. It follows a sharp rise in reported losses by older Americans in the two years after the 2020 coronavirus pandemic, when people were stuck at home and easier for scammers to reach over the phone.

Federal investigators saw an uptick between May and December of scammers using live couriers to take money from victims duped into believing their accounts had been compromised, according to the FBI. In those cases, scammers tell victims that their bank accounts have been hacked and that they need to liquidate their assets into cash or buy gold or other precious metals to protect their funds. Then the fraudsters arrange for a courier to pick it up in person.

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Scammers stole more than $3.4 billion from older Americans last year, an FBI report saysScammers stole more than $3.4 billion from older Americans last year, an FBI report saysThe FBI says scammers stole more than $3.4 billion from older Americans last year. An FBI report released Tuesday shows a rise in losses through increasingly sophisticated tactics to trick the vulnerable into giving up their life savings.
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Scammers stole more than $3.4 billion from older Americans last year, an FBI report saysScammers stole more than $3.4 billion from older Americans last year, an FBI report saysThe FBI says scammers stole more than $3.4 billion from older Americans last year.
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Scammers stole more than $3.4 billion from older Americans last year, an FBI report saysScammers stole more than $3.4 billion from older Americans last year, an FBI report saysThe FBI says scammers stole more than $3.4 billion from older Americans last year.
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Scammers stole more than $3.4 billion from older Americans last year, an FBI report saysScammers stole more than $3.4 billion from older Americans last year, an FBI report saysThe FBI says scammers stole more than $3.4 billion from older Americans last year.
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Scammers stole more than $3.4 billion from older Americans last year, an FBI report saysScammers stole more than $3.4 billion from older Americans last year, an FBI report saysThe FBI says scammers stole more than $3.4 billion from older Americans last year
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Scammers stole more than $3.4B from older Americans last year, an FBI report saysScammers stole more than $3.4B from older Americans last year, an FBI report saysScammers stole more than $3.4 billion from older Americans last year, according to an FBI report released Tuesday that shows a rise in losses through increasingly sophisticated criminal tactics to trick the vulnerable into giving up their life savings.
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