Fraud Intelligence & Prevention
High-Loss Scams Targeting Seniors in America
Backed by recent federal reporting data, older adults face severe financial exposure driven by high-loss investment schemes, AI-driven manipulation, and complex multi-tier fraud operations.
The single largest financial loss category for older adults, exceeding $3.5 billion annually through fraudulent digital platforms and pig-butchering setups.
Accounts for over $1 billion in annual losses, triggered by browser pop-ups, fake malware warnings, or calls impersonating major technology brands.
Generates nearly $584 million annually by building long-term emotional dependencies before staging sudden financial or medical emergencies.
Accounts for roughly $568 million in reported losses, targeting high-net-worth seniors and small business owners during major transactions.
Generates over $413 million in losses via spoofed calls pretending to be the SSA, IRS, or federal law enforcement bodies.
A rapidly expanding secondary market targeting individuals who have already lost money to prior online schemes.

5 red flags every Senior should know
If you encounter any of these — stop and call someone you trust.
They create urgency — "Act NOW or lose your account!"
They ask for gift cards, wire transfers, crypto, or social.
They claim to be Medicare, Social Security, or the IRS
They ask for remote access to your computer or device
The email address doesn't match the company name

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✔ The scams making the rounds right now
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