Top 12 Elderly Fraud Scams Of 2024. The report also finds that in 2022, older adults reported significantly higher losses to investment scams, business impersonation scams and government. Expanding consumer education and outreach efforts;

Elder fraud involves a variety of scams targeting seniors, from fake prizes to pleas for help from their “grandchildren,” resulting in an annual loss of $3 billion,. Here’s a detailed look at the top 12.