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The scams targeting you most, by age group
The FTC says younger adults lose money more often to online scams, while older adults are hit harder by impostor and tech-support fraud.
- A Federal Trade Commission report shows that scam types vary significantly by age, with younger adults primarily targeted via social media and older adults often contacted by phone.
- In 2025, the Federal Trade Commission Consumer Sentinel Network logged a record $15.9 billion in fraud losses from 3 million reports, demonstrating that anyone can fall victim to a hoax.
- Younger adults report losing money more frequently, but older adults suffer higher median losses per incident, with those aged 80 and older reporting a median loss above $1,600.
- Fraud losses for older adults aged 60 and over surged from about $600 million in 2020 to $2.4 billion in 2024, driven by targeted tactics like government impersonation.
- The Federal Trade Commission and FBI recommend checking the Consumer Sentinel Network and IC3 databases before responding to cold contacts to verify if a specific tactic is currently prevalent.
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26 Articles
26 Articles
Coverage Details
Total News Sources26
Leaning Left3Leaning Right0Center23Last UpdatedBias Distribution88% Center
Bias Distribution
- 88% of the sources are Center
88% Center
12%
C 88%
Factuality
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