ROANOKE, Va. – Virginia ranks 11th nationwide in elder fraud losses, with nearly 4,000 residents aged 60 and older reporting losses exceeding $106.6 million in 2024, according to recent data.
“A lot of the seniors, you know, their life savings is all they have. They’re on fixed incomes, and they just prey upon that fear,” said Ron Boyd, CEO of the Local Office on Aging in Roanoke, who has witnessed countless stories of older residents falling victim to scams. “There’s always a new scam. It’s always some resurface, and people, I mean, it’s just heartbreaking, sometimes, some of the stories that you hear.”
The reported figures likely represent only a fraction of actual cases, as many incidents go unreported…