Scammers are out for elder adults

News • December 28, 2023

In a survey of scam victims, Feedzai has revealed that purchase scams are the most popular scam type for over 65s in the UK with 62% falling victim, trumping investment scams (15%) and romance scams (4%).

A phone call is the top route for fraudsters to target unwitting consumers (26%), closely followed by Facebook and other social media channels (24%) and email (20%).

Nearly a third (29%) of the victims surveyed have lost between £501 – £10,000 as a result of a scam
Taboo still remains, with victims feeling angry, ashamed, lonely, and afraid after falling for a scam.

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Page printed in December 6, 2024. Plase see https://www.feedzai.com/inthenews/scammers-are-out-for-elder-adults for the latest version.