The FBI released a report on elder fraud scams.
Elder
fraud complaints to the FBI's Internet Crime Complaint Center for IC3 increased
by 14% in 2023, and associated losses increased by about 11%, according to IC3’s 2023 Elder Fraud Report, released April
30.
This annual
publication provides statistics about incidents of elder fraud—or fraud that
explicitly targets older Americans’ money or cryptocurrency—that are reported
to IC3. The report aims to raise the public’s awareness of this issue and
to prevent future and repeat incidents.
“Combatting
the financial exploitation of those over 60 years of age continues to be a
priority of the FBI,” wrote FBI Assistant Director Michael D. Nordwall, who
leads the Bureau’s Criminal Investigative Division, in the report. “Along with
our partners, we continually work to aid victims and to identify and
investigate the individuals and criminal organizations that perpetrate these
schemes and target the elderly.”
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