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FBI: Elder Fraud in Kentucky is increasing

FBI: Elder Fraud in Kentucky is increasing  Spectrum News 1

LOUISVILLE, Ky. — The number of elder fraud cases is on the rise in the United States.

According to the FBI, there were over a 100,000 complaints of scams in 2023 and nearly $3.5 billon were lost. That’s an 11% increase in losses from the year before.