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.
An FBI seal is seen on a wall on Aug. 10, 2022, in Omaha, Neb. The 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 …report released Tuesday that shows a rise in losses through increasingly sophisticated criminal tactics to trick the vulnerable into giving up their life savings.
“It can be a devastating impact to older Americans who lack the ability to go out and make money,” said Deputy Assistant Director James Barnacle of thereceived 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.
The most commonly reported fraud among older adults last year was tech support scams, in which criminals pose over the phone as technical or customer service representatives.
“A lot of the the fraud schemes are asking victims to send money via a wire transfer, or a cryptocurrency transfer. When the victim is reluctant to do that, they’re given an alternative,” Barnacle said. “And so the bad guy will use courier services.”
B Federal Bureau Of Investigation
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scammers 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
Read more »
Scammers 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.
Read more »
Scammers 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.
Read more »
Scammers 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.
Read more »
Scammers 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.
Read more »
FBI Warns Americans Against Using Non-KYC Crypto Money Transmitting ServicesThe FBI says crypto money transmitting services that purposely break the law or knowingly facilitate illegal transactions will be investigated.
Read more »