Elder Fraud Statistics 2026

TL;DR: The FBI's IC3 recorded 147,127 fraud complaints from Americans aged 60+ in 2024, totaling $4.885 billion in losses (up 43% from 2023), including more than 7,500 victims who each lost over $100,000; its 2025 report shows losses for this age group climbing further, to roughly $7.7 billion — up 37% year over year.

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The FBI's IC3 recorded 147,127 fraud complaints from Americans aged 60+ in 2024, totaling $4.885 billion in losses (up 43% from 2023), including more than 7,500 victims who each lost over $100,000; its 2025 report shows losses for this age group climbing further, to roughly $7.7 billion — up 37% year over year.

What the Data Shows

Elder fraud losses are growing faster than fraud losses overall, and tech-support scams remain the single costliest category for this age group according to IC3's 2024 breakdown — a pattern worth discussing directly with older relatives.

Why This Matters

Numbers like these are a reminder that this isn’t a rare event — it’s a routine risk. Checking whether your own information has already been exposed takes 30 seconds and costs nothing.

If this looks similar to something else you've seen, it's worth reading Gift Card Scam Statistics 2026.

This pattern shows up elsewhere too — see How Common Is SIM Swapping in 2026?.

Frequently Asked Questions

What do the numbers actually show?

What does this mean for you?

Where does this data come from?

This data is drawn from FBI IC3 – 2024 Internet Crime Report, a primary reporting source for fraud and identity theft data.