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Why is Fraud a Problem?

Fraud targeting older adults has surged in recent years, with billions lost annually. Scammers exploit urgency, trust, and fast-changing technology. This section covers the scale of the problem, why seniors are targeted, and the real-world impact on finances and wellbeing.

Downloads:
- Presentation (PDF)
- One‑page guide (PDF)

At‑a‑glance

  • Seniors reported multi‑billion dollar losses; average loss per victim is high
  • Call‑center scams, impostors, and investment/romance scams drive the damage
  • Why targeted: perceived trust, assets, and lower digital confidence

Checklist

  • [ ] Discuss fraud trends with a family member this week
  • [ ] Add the AARP Fraud Watch number to contacts (877‑908‑3360)
  • [ ] Decide a family ‘safe word’ for emergencies