Why are seniors the targets of scams? Seniors are often targeted for scams because they are perceived as having more money or a large savings, are trusting, and are often new to the digital age.
Seniors are also less likely to report the crime whether from embarrassment or fearful of losing their independence.
Believe it or not, 20 to 29-year-olds have more reported fraud cases than seniors, but the financial amount loss to those 70 and older is 2 to 2 ½ times greater than the Millennials.
According to Julie Smith, Crime Prevention Specialist with Naperville Police Department, one of the top frauds seen nationally, and in Naperville, is “Imposter or Impersonation” scams.
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