Readers ask: How Elderly Are Conned By People?

Elder Fraud | Federal Bureau of Investigation

Millions of elderly Americans fall prey to financial fraud or deception schemes, such as romance, lottery, and sweepstakes scams, to name a few.
Elder fraud is likely to become a growing problem as the elderly population grows. Criminals will gain their targets’ trust through computer, phone, and mail, and once successful, scammers will likely keep a scheme going because of the potential for significant financial gain.

How many elderly are scammed a year?

According to the report, a total of 105,301 people over the age of 65 were scammed, with an average loss of $9,175, and nearly 2,000 older Americans lost more than $100,000. By far, the elderly were the most extorted, with just over 23,000 victims.

What do you do if someone defrauds you?

Order your credit reports and read them for accuracy. Put a fraud alert on your credit files. Go to your local police station and file a police report, bringing all of the evidence you have of the crime with you. Contact your creditors and ask for your accounts to be closed or for account numbers to be changed.

How do you deal with being conned?


  2. Don’t beat yourself up.
  3. Don’t allow yourself to be casually judged.
  4. Give yourself time to grieve.
  5. Remember at all times: YOU ARE A VICTIM.

How do you outsmart a romance scammer?

How Can You Avoid Being Conned By A Romance Scammer?

  1. Check their images.
  2. Scan their profile for loopholes.
  3. Look for inconsistencies in their communication.
  4. Take things slowly.
  5. Don’t share financial details/passwords.
  6. Talk to someone you trust.
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Can you recover money from a scammer?

You may be able to get some or all of your money back through criminal restitution if the scammers are caught and charged, but you’ll only be able to get back the money you can prove you paid to the scammers, so keep all receipts, bank or credit card statements, and other documentation.

What to do if you send money to a scammer?

What Should You Do If You Have Given Money to a Scammer?

  1. If you sent money through a wire transfer company like MoneyGram or Western Union, contact them right away and inform them that it was a fraudulent transfer. If you sent money through your bank, contact them and inform them that it was a fraudulent transfer.

How do you spot a con artist?

Some are subtle, while others are more obvious.

  1. Con artists dislike being discovered.
  2. Rule Number 2: Con Artists Dress For Success.
  3. Rule Number 3: Con Artists Frequently Push Poorly Understood Financial Products.
  4. Rule Number 4: Con Artists Bring Out The Worst In You.

How do you tell if someone is conning you?

A con artist will tell you that everyone else is a con artist and will claim that they don’t use common shady tactics, such as creating urgency and pressuring you to make a decision quickly so you don’t ask too many questions and realize you’re being conned.

How do you feel after being scammed?

When you or someone you care about has been scammed, it’s a helpless feeling; first and foremost, these emotional effects are very common:

  • Anxiety.
  • shame.
  • embarrassment.
  • guilt.
  • rage.
  • depression.
  • fear.
  • loss of trust in others.
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How do you spot a romance scammer?

Romance scammers tell lies, and there are warning signs to look out for.

  1. They’re far away. A romance scammer’s background is one of the first red flags.
  2. Their profile appears too good to be true.
  3. The relationship moves quickly.
  4. They break promises to visit.
  5. They claim they need money.
  6. They request specific payment methods.

How do I know if I am talking to a scammer?

Here’s how to tell if you’re being conned online.

  1. Start with what he says on the dating site:
  2. He loves you blind.
  3. It’s too much, too fast.
  4. He wants to take the conversation offline.
  5. He avoids questions.
  6. He can’t seem to meet.
  7. He flaunts his wealth.

Can a scammer fall in love with you?

Romance scammers profess love quickly, without ever meeting you, and may even claim to be in love with you, but it’s all a ruse to get you to hand over personal information and answers to the security questions you use to lock down your online accounts.

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