It is a number that is hard to wrap your head around: $81.5 billion. That is the top end of the estimated amount Americans 60 and older lost in 2024 to financial fraud, according to the latest Protecting Older Consumers report from the Federal Trade Commission (FTC). The full estimated range is between $10.1 billion and $81.5 billion. Actual reported losses among older adults climbed to a…
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