COLUMBUS, Ohio ( WCMH ) – Older Americans are falling victim to scams. Better Call 4 has told you about some of the most common tactics reported to agencies like the Better Business Bureau of Central Ohio, the Attorney General’s Office , the Federal Trade Commission and even the Federal Bureau of Investigation.
In fact, the FBI’s Internet Crime Complaint Center (IC3) recently released its 2023 Elder Fraud Annual Report , which stated that adults over the age of 60 reported around $3.4 billion in monetary losses to fraud and scams last year.
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“So, what the FBI’s report is about is what they call ‘elder fraud,’ which is when a stranger takes advantage of an elder,” Ian Bednowitz, general manager for cyber safety company Norton Lifelock, said.
Bednowitz said around the same time, the Financial Crimes Enforcement Network — a bureau of the U.S. Department of the Treasury — released its report . The findings, for Bednowitz, hit close to home.