Fraud Statistics by Age
In 2023, the median loss for fraud was $500 for people in their 60s. That number increased for those in older age brackets.
Not all reports include usable age information. Age comparisons in Fraud Loss Reports per 100K Population are based on (1) reports indicating any monetary loss, and (2) population estimates are based on U.S. Census Bureau population estimates for 2021.
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There were over 6,800 reports of fraud in the state with a median loss of $490, according to the Federal Trade Commission's 2023 report. For people in their 60s, investment and romance scams were the most common.