Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000

Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000 From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to the Federal Trade Commission.

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Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000
Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000 From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to the Federal Trade Commission.

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