Fighting elder fraud: A gerontologist's perspective

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If it feels like you’re getting a lot of scammy texts, calls and emails lately, you’re not wrong: New technologies have supercharged the world of fraud, creating new and lucrative ways for con artists to connect with victims. Americans lost a record $10 billion to scammers in 2023, according to the Federal Trade Commission − and that’s not counting the losses people were too embarrassed to report.

While people of all ages and backgrounds fall prey to scammers, fraudsters frequently target adults who are 60 and older. Gerontologist Laurie Archbald-Pannone of the University of Virginia has heard many of their stories. Her patients have increasingly been asking her how to avoid becoming victimized.

As Archbald-Pannone explains, anyone can become a target of elder fraud − even, in one notable case, a 90-year-old former FBI director. But as she tells her patients, there are many practical steps older adults can take to defend against scammers.

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Tracy Walsh

Economy + Business Editor

Be careful out there. ArtMarie/Getty Images

Elder fraud has reached epidemic proportions – a geriatrician explains what older Americans need to know

Laurie Archbald-Pannone, University of Virginia

Unfortunately, there’s no cure for scammers – but you can build immunity against them.

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