One billion dollars lost by over-60s through online fraud in 2020, says FBI

According to a newly-published report by the FBI’s Internet Crime Complaint Center (IC3), the elderly are more at risk from falling victim to online fraud and internet scammers than ever before. In the IC3’s Elder Fraud Report, the FBI detailed that approximately 28% of all fraud losses are sustained by victims who are over 60 years old – with losses totalling approaching US $1 billion.

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