Concerned about protecting older relatives and friends from elder abuse? The pandemic highlighted the disproportionate impact of tragedy on underserved communities, including older adults, who face high rates of elder abuse and fraud.
It’s important to remember that elder abuse can happen to anyone, regardless of race, ethnicity, gender or financial status. The Social Security Administration (SSA) is committed to helping and preventing further victimization.
A recent FBI report showed elder fraud has increased. Older adults in the U.S. reported more than $1.6 billion in losses in 2021, including victims of COVID-related scams. Older adults also lose nearly 25 times more money to scammers than other groups – an estimated $113.7 billion a year.
Reporting fraud can be difficult, and older adults tend to under-report – especially when money is lost. Many older Americans are unsure about the reporting process or feel too embarrassed to report. SSA works hard to protect beneficiaries from Social Security and government imposter scams. For resources to protect your loved ones, go to ssa.gov/scam.
Sheri Richey, Social Security Administration