# Older Americans Losing Billions to Scammers

> Older Americans lost $3 billion to scammers in 2025, with unrecorded losses potentially reaching $119.5 billion.
- Title: Older Americans Losing Billions to Scammers · VICE | Shortify
- Summary: Older Americans lost $3 billion to scammers in 2025, with unrecorded losses potentially reaching $119.5 billion.
- Keywords: older americans, scammers, ftc report, fraud, 2025, unrecorded losses, 3 billion, 119.5 billion, news, culture, Older, Americans
- Source: VICE — https://vice.com/en/article/older-americans-are-losing-billions-to-scammers-and-the-numbers-are-getting-worse
- Author: Luis Prada
- Published: 2026-10-21T22:24:47+00:00
- Read time: 1 min
- Topics: older americans, scammers, ftc report, fraud, 2025, unrecorded losses, 3 billion, 119.5 billion, news, culture
## Scam Losses Surge
Older Americans lost $3 billion to scammers in 2025, up from $600 million in 2020.
## Unrecorded Damages
Total unrecorded damages from fraud targeting older adults could reach $119.5 billion.
## Scam Methods
Investment scams stole over $1 billion, while phone calls caused the highest individual losses.
## Key takeaway

Older Americans lost $3 billion to scammers in 2025, with unrecorded losses potentially reaching $119.5 billion.