Tag: #seniors

Wealth Management

Financial Predators Targeting Seniors: Elder Fraud Losses Surge to $3 Billion

Tuesday, October 27, 2026 | 00:59

A harrowing trend has emerged within the American financial landscape, as new data reveals that older adults are increasingly becoming the primary targets of sophisticated, high-stakes fraud operations. According to the Federal Trade Commission’s (FTC) ninth annual "Protecting Older Consumers" report, losses reported by Americans aged 60 and older have ballooned to approximately $3 billion […]