Scams

Older Americans are frequently targeted by scammers due to their perceived financial stability and trustworthiness. Below are the most common scams targeting seniors in 2025, along with brief descriptions:

Common Scams Targeting Older Adults

• Government Impersonation Scams

Scammers pose as representatives from agencies like the IRS, Social Security Administration, or Medicare, threatening legal action or benefit suspension unless personal information or payments are provided.

• Sweepstakes and Lottery Scams

Victims are told they’ve won a prize but must pay upfront fees or taxes to claim it. Fraudsters often impersonate well-known organizations like Publishers Clearing House.

• The Grandparent Scam

Scammers pretend to be a distressed family member needing immediate financial help, often requesting secrecy and payment via untraceable methods like gift cards or wire transfers.

• Counterfeit Prescription Drugs

Seniors seeking affordable medications online may unknowingly purchase counterfeit drugs that are ineffective or harmful. This preys on their need for cost-saving measures.

• Tech Support Scams

Fraudsters claim to fix non-existent computer issues, often gaining remote access to steal personal information or demand payment. These scams are among the top fraud categories affecting seniors.

• Romance Scams

Perpetrators build trust through online relationships and then request money for fabricated emergencies or travel expenses.

• Medicare and Health Insurance Scams

Scammers pose as Medicare representatives to steal personal information or bill for fake services, exploiting seniors’ reliance on healthcare benefits.

• Fake Anti-Aging Products

Fraudsters sell ineffective or harmful anti-aging treatments, exploiting seniors’ desire to look younger.

• Investment and Cryptocurrency Scams

Promising high returns with low risk, these scams often involve fraudulent investments in cryptocurrency, which saw a significant rise in losses in recent years.

• Internet and Email Phishing Scams

Seniors are targeted with fake emails or pop-ups that appear legitimate, tricking them into providing sensitive information such as Social Security numbers or credit card details.

Tips for Avoiding Scam Artists

• Verify the identity of anyone requesting money.

• Be cautious of unsolicited calls or emails.

• Avoid sharing personal information over the phone or online.

• Consult trusted family members before making financial decisions.

These scams collectively exploit vulnerabilities such as unfamiliarity with technology, emotional manipulation, and financial concerns, costing older Americans billions annually.