Personal Finance
Elder Financial Exploitation Hits Crisis Level | US Seniors Siphon Record $3B to Sophisticated Scams
Financial scammers drained an unprecedented $3 billion from older Americans in 2025, according to the latest FTC report. With catastrophic six-figure losses on the rise, regulators warn that modern fraudsters are systematically raiding retirement savings.
Camila Henry • Oct 23, 2026 • 4m read