Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000
Strong Bearish
-100.0
From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to the Federal Trade Commission.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.