San Antonio FBI warns elder fraud scams are growing, costing victims billions
The FBI's San Antonio Division warns of a growing wave of fraud targeting older Americans, with over 200,000 complaints resulting in $7.5 billion in losses last year.
By Ernie Zuniga, Adam Barraza·2 hr ago
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The FBI's top agent in San Antonio is warning families about a growing wave of fraud targeting older Americans.
Daniel Faith, special agent in charge of the FBI's San Antonio Division, said people age 60 and older are the largest demographic being targeted.
"Just last year alone, we had over 200,000 complaints to our Internet Crime Complaint Center - resulting in about $7. 5 billion in loss," Faith said.
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