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Seniors Lose $4.8 Billion to Crypto Scams in 2024, FBI Report Reveals
Seniors Lose $4.8 Billion to Crypto Scams in 2024, FBI Report Reveals
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Americans aged 60 and older suffered $4.8 billion in cybercrime losses last year, a 43% surge from 2023, according to the FBI’s Internet Crime Complaint Center (IC3). The cohort filed 147,127 complaints—more than any other age group—with 7,500 individuals losing over $100,000 each.
The data exposes a systemic failure to protect a generation that built America’s wealth but remains vulnerable to digital predation. This isn’t merely a financial crisis—it’s a moral litmus test. A society that permits its elders to be hunted online risks corroding the intergenerational trust that underpins economic stability.
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