Financial scams targeting older adults are not only increasing—they are becoming more sophisticated, more convincing, and more costly. In fact, older Americans reported losing more than $2.4 billion to scams in 2024, a dramatic rise from prior years.
For families, caregivers, and professionals working with seniors, understanding how these scams work is one of the most effective ways to prevent financial exploitation.
A Helpful Resource from NAELA
The National Academy of Elder Law Attorneys (NAELA) has published a comprehensive guide outlining the most common scams affecting older adults, along with practical tips for avoiding them.
Download the guide here:
Top Scams Affecting Older Adults (PDF)
