FBI New York Launches Elder Fraud Campaign

Each year, millions of elderly Americans fall victim to some type of financial fraud or confidence scheme, including romance, lottery, and sweepstakes scams, to name a few. Criminals will gain their targets’ trust and may communicate with them directly via computer, phone, and the mail; or indirectly through the TV and radio. Once successful, scammers are likely to keep a scheme going because of the prospect of significant financial gain.

Seniors are often targeted because they tend to be trusting and polite. They also usually have financial savings, own a home, and have good credit—all of which make them attractive to scammers.

Additionally, seniors may be less inclined to report fraud because they don’t know how, or they may be too ashamed at having been scammed. They might also be concerned that their relatives will lose confidence in their abilities to manage their own financial affairs. And when an elderly victim does report a crime, they may be unable to supply detailed information to investigators.

With the elderly population growing and seniors racking up more than $3 billion in losses annually, elder fraud is likely to be a growing problem.

Report It
If you believe you or someone you know may have been a victim of elder fraud, contact your local FBI field office or submit a tip online. You can also file a complaint with the FBI’s Internet Crime Complaint Center.
Steven Shapiro, a supervisory special agent with the FBI's New York Field Office, says elder financial fraud and senior exploitation is a growing problem, and a despicable crime.

Transcript / Visit Video Source

El fraude financiero cometido contra personas de edad avanzada y la explotación de personas de la tercera edad constituyen un problema que va en aumento y un delito despreciable.

Transcript / Visit Video Source

FBI New York has released a series of elder fraud graphics in various languages.

Click any poster to view it full-size and to download.

New York Elder Fraud Campaign - Arabic


New York Elder Fraud Campaign - Chinese


New York Elder Fraud Campaign - Chinese


New York Elder Fraud Campaign - English


New York Elder Fraud Campaign - Korean


New York Elder Fraud Campaign - Spanish


New York Elder Fraud Campaign - Urdu