My bank was hosting a seminar. I read the notice too late to attend. But they had this interesting report in their promo.
FEDERAL BUREAU OF INVESTIGATION ELDER FRAUD REPORT 2022
INTRODUCTION
Dear Reader,
The Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) is a central intake point for victims to report fraud. IC3 shares the complaints it receives with FBI field offices and other law enforcement and regulatory agencies for further investigation or action, as appropriate. Along with the Department of Justice’s Elder Fraud Initiative and other partners, the FBI is continually dedicated to identifying the perpetrators of these schemes and bringing them to justice. Every day, the IC3 receives thousands of complaints reporting a wide variety of schemes, many of them targeting seniors. These complaints are analyzed and aggregated to identify trends and help develop strategies to combat these schemes and protect potential victims from loss.In 2022, total losses reported to the IC3 by elderly victims increased 84% from 2021. Tech and Customer Support schemes continued to be the most common type of fraud reported, with 17,800complaints filed by victims over 60. Monetary losses due to Investment Fraud reported by victims over 60 increased over 300%, more than any other kind of fraud, largely due to the rising trend of crypto investment scams. In almost every crime type tracked by the IC3, losses involving crypto currency increased. Overall, crypto currency-related losses reported by the elderly increased by 350%. As in previous years, the FBI is publishing the 2022 IC3 Elder Fraud Annual Report in hopes of bringing awareness to this problem and preventing future victimization. I encourage you to share the information from this report with your friends and families and take the opportunity to talk about these scams.We also encourage the public to report any internet-related fraud, even attempted fraud, to the IC3as soon as possible. Providing detailed information, including complete summaries and financial transactions, assists the FBI with investigating and disrupting the frauds that are devastating our citizens.
Luis M Quesada
Assistant Director
Federal Bureau of Investigation
Criminal Investigative Division
Luis M Quesada
This was a part of their Internet Crime Complaint Center (IC3)
I still don’t have the knack of uploading pictures. But click the link to see this graphic.
Chart includes yearly and aggregate data for complaints and losses over the years 2018 to 2022. Over that time, IC3 received a total of 3.26 million complaints, reporting a loss of $27.6 billion.
I just thought this was interesting and thought I would share. Hopefully it helps someone.
I know people who have been taken advantage of.