In 2023, elder fraud in the United States saw a significant rise, with scammers targeting Americans over 60 years old and stealing more than $3.4 billion, marking an 11% increase from the previous year. The FBI's Elder Fraud report highlighted that these crimes have become more sophisticated, often involving tactics like impersonating loved ones. The average loss per victim exceeded $30,000, with at least 101,000 victims and an average loss of $33,915 per person. Additionally, a criminal group was charged with defrauding hundreds of elderly Americans across the Northeastern U.S., as reported by the FBI and various news outlets.