The report also highlighted the many ways the department provides victim support for older Americans. For example, the FBI’s Recovery Asset Team was able to work with financial institutions to freeze over $13.5 million (a 75% success rate) among older victims of fraud before those monies were wired and lost to the victims. Moreover, the department’s Office for Victims of Crime awarded Victims of Crime Act (VOCA) grants to states totaling more than $1.6 billion, with $86 million of that allocated for programs serving older crime victims.
Components throughout the department engaged in public outreach activities as part of the department’s effort to prevent elder abuse. For example, many U.S. Attorney’s Offices participated in local outreach events such as town halls and media events, both in conjunction with World Elder Abuse Awareness Day celebrations and otherwise. In 2021, the National Crime Victims’ Rights Week (NCVRW) Resource Guide featured elder fraud and the National Elder Fraud Hotline.
Finally, research and statistical components within the department play a critical role in funding or producing information thereby enhancing our understanding of elder abuse, and ultimately informing policy and practice. The FBI’s Internet Crime Complaint Center (IC3) released the first 2020 Elder Fraud Report providing information useful for targeting interventions. For example, the report found that over 100,000 persons over the age of 60 filed a complaint, with a resulting loss of nearly $1 billion, although the greatest financial losses were associated with confidence fraud/romance scams.
To report financial fraud, call the National Elder Fraud Hotline, 1-833-FRAUD-11 (1-833-372-8311). For more information on the department’s elder justice activities, visit https://www.justice.gov/elderjustice.
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