FBI Reports Increase in Elder Fraud Complaints and Losses in 2023

The FBI's Internet Crime Complaint Center (IC3) reported a 14% increase in elder fraud complaints and an 11% increase in associated losses in 2023, according to its annual Elder Fraud Report. The report, released on April 30, highlights the ongoing efforts of the FBI and its partners to combat the financial exploitation of older Americans and raise public awareness to prevent future incidents.