Report breaks down top scams older adults fall victim to

A new FTC report to Congress shows what age groups are most likely to fall victim to fraud.

It also addressed the educational steps being taken to prevent this.

US.

CALL THE NUMBER ON YOURSCREEN OR EMAIL ELECTION 2020 ATFOX 4 NOW DOT COM.NEW THIS MORNING... THE FEDERALGOVERNMENT DID SOME DIGGING INTHE TYPES OF SCAMS TARGETINGOLDER PEOPLE.

HUNDREDS OFMILLIONS OF DOLLARS ARE BEINGSTOLEN.FOX 4’S JESSICA ALPERN, GOAHOLD A NEW REPORT AND JOINS USLIVE FROM THE NEWSROOM WITH THEDETAILS -- JESS?THE POINT OF THE REPORT IS TOUNDERSTAND *HOW FRAUD ISAFFECTING PEOPLE OVER 60.

TOUNDERSTAND THAT... THECOMMISSION TOOK A DEEP LOOK INTOCONSUMER COMPLAINT DATA.IN A NEW REPORT TO CONGRESS,TITLED "PROTECTING OLDERCONSUMERS"... THE F-T-C BREAKSDOWN HOW LIKELY A PERSON IS TOFALL VICTIM TO FRAUD... BROKENDOWN BY AGE.NEW DATA SHOWS THOSE AGED 60 ANDOLDER WERE LESS LIKELY TO REPO*FRAUD.BUT THEY REPORTED MORE MONEYLOST.THOSE 80 AND OLDER REPORT LOSITHE MOST... IN FACT THE MEDIANWAS 16-HUNDRED-DOLLARSTHE REPORT ALSO BREAKS DOWN THETYPES OF SCAMS OLDER ADULTS FALLVICTIM TOIT SHOWED THEY ARE SIX TIMESMORE LIKELY TO REPORT LOSINGMONEY TO TECH SUPPORT SCAMS.THREE TIMES MORE LIKELY WHEN ITCOMES TO PRIZE, SWEEPSTAKES, ANDLOTTERY SCAMS.AND MORE THAN TWICE AS LIKELY TOLOSE MONEY FROM IMPOSTOR FRAUD.THEY ALSO MOST FREQUENTLYREPORTED ONLINE SHOPPING SCAMS.AND 84-MILLION-DOLLARS WASREPORTED WHEN IT COMES TOROMANCE SCAMS.THE REPORT ALSO TRACKED ANINCREASE IN SCAMS AMID THEPAND