CNBC(@CNBC):Fraud losses reported by older Americans jumped in 2025, driven largely by an increase in victims losing sums of at least six figures, according to a new report from the Federal Trade Commission. Americans ages 60 and older reported losing about $3 billion to fraud last year, a 25% increase from $2.4 billion in 2024, according to the FTC’s annual report to Congress, released Monday, on fraud among older adults. That figure is up 400% from the $600 million reported lost in 2020. Find more details:

2026.10.27 00:45

Fraud losses reported by older Americans jumped in 2025, driven largely by an increase in victims losing sums of at least six figures, according to a new report from the Federal Trade Commission. Americans ages 60 and older reported losing about $3 billion to fraud last year, a 25% increase from $2.4 billion in 2024, according to the FTC’s annual report to Congress, released Monday, on fraud among older adults. That figure is up 400% from the $600 million reported lost in 2020. Find more details: