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Seniors Are Falling Victim to Fraud at an Alarming Rate in This State
['Melly Alazraki', 'John Seetoo', 'Sep', 'Rich Duprey', 'David Moadel', 'Omor Ibne Ehsan', 'Chris Lange']
News Archives - 24/7 Wall St.
To find in which states elder fraud is highest, 24/7 Wall St. reviewed the report States Where Elder Fraud Is on the Rise in America from All About Cookies.
We also added from the FBI’s 2023 Elder Fraud Report regarding the overall number of elder fraud complaints and the overall related losses.
States and the District of Columbia are ranked here by the number of elder fraud complaints per 100,000 over 60 residents.
AlabamaElder fraud complaints, 2023: 81 per 100,000 60+ state residents81 per 100,000 60+ state residents Change from 2022: +4% — #10 lowest increase+4% — #10 lowest increase Losses from elder fraud, 2023: $33,942,649 — 976 complaints$33,942,649 — 976 complaints Average loss per complaint: $34,777 — 20th highest45.
UtahElder fraud complaints, 2023: 179 per 100,000 60+ state residents179 per 100,000 60+ state residents Change from 2022: +23% — #2 highest increase+23% — #2 highest increase Losses from elder fraud, 2023: $26,101,164 — 945 complaints$26,101,164 — 945 complaints Average loss per complaint: $27,620 — 19th lowest4.
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