More than 100,000 older Americans lost about $34,000 to cybercrime. What to know.
At least 101,000 Americans ages 60 and older were victims of digital fraud last year, with the average person losing $33,915, according to a new report from the FBI.
At least 101,000 Americans ages 60 and older were victims of digital fraud last year, with the average person losing $33,915, according to a new report from the FBI.
The biggest dollar-amount losses came from scams involving bitcoin and other cryptocurrencies, the report said.
Since at least 2018 the FBI’s Internet Crime Complaint Center (IC3) has published statistics showing the extent of the impact cybercrime has had on older Americans.
In 2023, the IC3 office received 101,068 complaints from this population, up 11% from the year prior and nearly even with the high seen in 2020.
Losses totaled about $3.4 billion — with nearly 40% of that involving cryptocurrencies alone, totaling $1.33 billion, IC3 said.
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