Fraudsters are constantly targeting seniors to cheat them out of their hard-earned retirement. These sophisticated scammers pose as federal agencies, banks, and even loved ones, while artificial intelligence is making impersonation easier than ever.
In 2024 alone, adults aged 60 and older lost $2.4 billion to fraud.
Seniors need resources to recognize and quickly report suspected fraud. Currently, the federal government operates an elder fraud reporting line that is only available during business hours, and finding relevant information about fraud enforcement from different federal agencies can be very difficult.
That’s why I teamed up with Congresswoman Marie Gluesenkamp Perez to introduce the bipartisan One Front Door for Elder Fraud Act. Our bill will establish a 24/7 hotline and website to serve as a one-stop shop for reporting and addressing elder fraud. Both these platforms will…
Limit the amount of personal information you share on social media, such as your high school name or your mother’s maiden name, as these are frequently used as security question answers.