Reported Losses to Fraud
FTC data indicates that adults aged 50 and older reported $4.3 billion lost to fraud in 2025, while individuals younger than 50 reported $2.3 billion. Furthermore, total fraud losses reported by adults 60 and older increased from approximately $600 million in 2020 to $2.4 billion in 2024.
The Impact of Phone-Initiated Scams
Scams originating from a phone call show a median reported loss of $2,210, notably higher than the $650 median loss for scams beginning on social media. In 2024, 41% of imposter-scam reports from older adults involving losses of $10,000 or more were initiated via a phone call.
Taking Action Against Robocalls
Remaining vigilant against unsolicited phone calls is a key protective measure. When a suspicious call is received, logging it is a critical first step. RoboCallMeNot facilitates this logging process and guides users through the necessary steps to report these incidents to relevant authorities.
Log and Report Robocalls
Empower yourself with RoboCallMeNot to easily log and report unwanted calls.