Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says

The number of older Americans who report losing more than $100,000 to fraud in a given year has more than tripled since 2020, according to the Federal Trade Commission, a trend that experts say represents a grave and growing threat to older adults’ financial security.

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Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says

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