Elder fraud reports to FBI's Internet Crime Complaint Center rose by 14% in 2023

WASHINGTON – The FBI’s Internet Crime Complaint Center released the 2023 edition of its annual Elder Fraud Report Tuesday, April 30.

Elder fraud complaints to the FBI’s Internet Crime Complaint Center increased by 14% in 2023, and associated losses increased by about 11%, according to IC3’s 2023 Elder Fraud Report, released April 30.

The annual publication provides statistics about incidents of elder fraud – or fraud that explicitly targets older Americans’ money or cryptocurrency – that are reported to IC3. The report aims to raise the public’s awareness of this issue and to prevent future an...