Security1 hOctober 20, 2026, 07:26

FTC: Older Americans Reported $3 Billion in Scam Losses in 2025

The FTC's new report on fraud targeting Americans 60 and older shows reported losses rose from $600 million in 2020 to $3 billion in 2025. The true figure could reach $13.5–119.5 billion due to underreporting, up to 47% more than in 2024.

Gizmodo

Open source

FTC: Older Americans Reported $3 Billion in Scam Losses in 2025

Reported losses rose from $600 million in 2020 to $3 billion in 2025
Estimated true cost ranges from $13.5 billion to $119.5 billion
Median reported loss for people over 80 was $2,000
Reports of losses over $100,000 grew nearly sevenfold

#FTC

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