On World Elder Abuse Day officials warn of financial scams targeting seniors
Sunday, June 15 is World Elder Abuse Day, a time officials raise awareness for seniors about potential scams they could come into contact with. According to FBI data, seniors lost $4.8 billion to scammers in 2024.
These financial scams come in many forms.
Romance scams involve the perpetrator pretending to be interested in the victim, in an effort to obtain money. Scammers may inform consumers they have “won” sweepstakes, or lotteries via telephone, email, or mail. They may pretend to be from the IRS or other government agency to collect money. Victims could receive a call from a “family member” claiming to be in immediate financial need. Scammers may even hack into electronic devices with internet pop ups to warn of non-existent computer problems and then pretend to be tech support asking for remote access to their computers.
Assistant Special Agent in Charge of the IRS Atlanta Field Office Lisa Fontanette urged seniors to be wary and cautious. Don’t send money to anyone you have never met in person. Don’t send anyone that you meet online your social security number or personal financial information like bank account, routing number, or credit or debit card. If something doesn’t feel right, ask questions and take a step back. If someone’s trying to push you into sending money very quickly or signing unfamiliar documents for them, don’t do it.
“It’s become more common because more people are active on the internet now, and that’s mainly how these people reach out. They contact people through social media. They can also contact them through just telephone calls,” Fontanette said.
To report a suspected case of fraud, call the Atlanta field office at 470-639-2228 or email [email protected].
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