Every day, millions of Americans lose their hard-earned money to identity theft and other types of scams. Last year alone, 16.7 million people from communities across the nation lost $17 billion to identity fraud alone. That’s one person victimized every two seconds!
Older adults reported losing $3.4 billion to fraud nationally in 2023, according to the most recent FBI data. Cases ranged from investment and imposter scams to fake lotteries.