Annual Report to Congress on Actions to Protect Older Adults (2024)
ReviewedNational
Study Details
- Pollster
- Federal Trade Commission
- Sponsor
- FTC
- Sponsor Category
- Government
- Field Dates
- —
- Published
- Dec 1, 2025
- Geography
- National
- Mode
- administrative data
- Population
- Fraud victims
Questions (3)
Q1. Total fraud losses by older adults (60+) increased fourfold from $600M in 2020 to $2.4B in 2024, driven by investment scams, romance scams, and impersonations.
OtherScamsSeniors
Q2. Older adults reported losing far more per incident than younger adults. People 80+ had median loss exceeding $1,600.
OtherScamsSeniors
Q3. Older adults reported losing money to fraud at a lower rate than younger adults, suggesting they may be better at avoiding losses or more inclined to report.
OtherScamsSeniors