Idaho Department of Finance Marks World Elder Abuse Awareness Day by Helping Families Recognize the Warning Signs of Fraud

The Idaho Department of Finance (IDOF) today joins regulators and advocates across the country and around the world in observing World Elder Abuse Awareness Day, reaffirming its commitment to protecting Idaho’s seniors from threats that grow more sophisticated every year.

The harm is real, and it is accelerating here at home. In 2025, Idahoans aged 60 and older reported losing more than $37 million to fraud across 1,136 complaints filed with the FBI’s Internet Crime Complaint Center¹, roughly double the losses this same group reported just one year earlier. And because so many cases go unreported, out of embarrassment or because victims never realize they were targeted, the true toll is almost certainly higher. Increasingly, these schemes arrive disguised as investment opportunities, social media connections, and AI generated impersonations of banks, loved ones, and government agencies.

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