The consequences have been devastating. Some seniors have reported emptying their bank accounts and even draining their 401ks. And the scale of these losses is accelerating. According to FBI's 2025 Internet Crime Report, older Americans lost $7.7 billion to cyber crimes just last week. An almost 59% increase from the year before. So we're moving in the wrong direction. And this hits home. (01:36–01:48)
CLAIM
Asserts that older Americans lost $7.7 billion to cyber crimes according to the FBI's 2025 Internet Crime Report.
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