The Elderly's Enduring Scourge: When Exploitation Meets Vulnerability The staggering figure of nearly $8 billion lost to scammers by Americans over 60 in 2025 highlights the ongoing problem of exploitation among the elderly.
Despite advances in technology and financial regulations, seniors remain vulnerable to scams that prey on their trust.
Traditional social support networks have eroded due to the dismantling of community based services and the decline of family structures that once provided care for the elderly.