Scams & Fraud

In 2023, Americans reported losing more than $10 billion to fraud—ranging from romance and investment schemes to gift card scams—according to Federal Trade Commission data. A new state law aims to protect older Americans from financial exploitation.

The numbers are in and last year was yet another historic year for fraud. The Federal Trade Commission released its annual compendium of fraud reports from 2023, and the news is shocking. For the first time ever reported theft through fraud topped $10 billion. The total is 14% higher than what was reported in 2022 and 5 times greater than reported losses in 2019. Key takeaways from the report include:

Enter for a chance to win a Stanley Tumbler and Amazon Basics Cross Cut Paper and Credit Card Home Office Shredder

New virtual presentation on scam prevention launches with steps consumers can take to protect themselves from identity theft.

AARP Connecticut – advocates for age 50+ Connecticut residents and their families – works with lawmakers on both sides of the aisle to support legislation and issues that make our state a great place to live for people of all ages.

AARP will hold a town hall on holiday scams with the Better Business Bureau of Connecticut, among a number of initiatives to raise public awareness of fraud.

AARP Connecticut to Host Live Tele-Town Hall to Discuss Protecting Veterans from Scams

Be Aware of P2P Risks When Paying for Groceries, Other Services During Pandemic

Survey of Connecticut Residents Part of AARP Campaign Raising Awareness of Impostor Scams

Specific Survey of Connecticut Residents Part of AARP Campaign Raising Awareness of Most Common Seasonal Scams