- FTC data shows that almost one-third (31.3%) of targeted residents aged 60 to 69 in Arizona have lost funds due to scams this year so far.
- The age group has filed 1,559 fraud reports in Q1 of 2025, resulting in a per-person loss of $1,000.
- The most prevalent scam categories affecting seniors in the state are business imposters, government imposters, and online shopping.
Elderly Americans in Arizona aged 60 to 69 have lost a huge $12,555,627 to fraud this year so far – resulting in a per-person loss of $1k.
Investment experts at cryptocurrency exchange ChicksX studied data from the Federal Trade Commission to reveal how many elderly residents (aged 60 to 69) have fallen victim to fraud in each state in 2025 so far.
Nationally, in Q1 of this year, there were 60,379 reports of all types of fraud among those aged 60 to 69, with 29% of these resulting in a financial loss. The stolen sum exceeded $354.9 million, equating to a median loss of $597 per report.
In Arizona, seniors see a per-report loss that’s 99.8% higher than the national average, with 1,559 reports made by those aged 60-69.
The most prevalent scam in the state across the age group this year so far is business imposters. Many scammers target elderly people because they’re more likely to trust official-sounding calls and emails, and may be pressured to act quickly if they think the correspondence is coming from a reputable organization.
The top fraud subcategories for those aged 60-69 in Arizona
| Fraud Subcategory | Number of Reports (60-69) | |
| 1 | Business imposters | 393 |
| 2 | Government imposters | 266 |
| 3 | Online shopping | 148 |
| 4 | Miscellaneous investments & insvestment advice | 79 |
| 5 | Fake check scams | 53 |
Nationally, fraud risk drops slightly as age increases, but those who are affected still see substantial loss. Those aged 70 to 79 have seen 45,076 reports of fraud so far this year, with 26% resulting in stolen funds. Per consumer, this works out to $994.
All U.S. consumers aged 80 and over made 12,823 reports of fraud in the first quarter of 2025, with 23% seeing funds stolen. This equates to $1,900 per attack.
In Arizona, those aged 70 to 79 made 1,457 reports, with over one-quarter (29.3%) resulting in a financial impact. This worked out to a per-person loss of $3,000. Those aged 80 and over made just 535 reports in 2025 so far, with 28.8% seeing some sort of financial loss. However, those who did lose money lost a notable amount, at a $3,640 median value.
Fraud reports and losses: State residents aged 50+
| Consumer Age | Number of Reports | Percent of Reports with Financial Loss | Total Financial Loss | Median Financial Loss per Report |
| 50 – 59 | 1,211 | 31.2% | $8,521,182 | $658 |
| 60 – 69 | 1,559 | 31.3% | $12,555,627 | $1,000 |
| 70 – 79 | 1,457 | 29.3% | $15,171,337 | $3,000 |
| 80 and Over | 535 | 28.8% | $5,214,507 | $3,640 |
Al Alof, CEO of ChicksX, issued a warning for elderly residents in the state:
“Fraudsters know that seniors may be more trusting, less familiar with online platforms or purchases, or unaware of how sophisticated modern scam attempts have become. It’s essential that families and communities talk openly about these risks and the warning signs to prevent vulnerable individuals from falling victim.
“Summer also carries an elevated risk, with Fourth of July sales and an uptick in travel and home improvement projects, especially among those who are retired. Scammers may impersonate well-known retailers and take advantage of elderly residents’ trusted family members being preoccupied with their own summer plans.
“We don’t want to take independence away from our elderly family members, but please encourage them to run any suspicious contact past you before responding. Just talking about the latest scam tactics or reviewing questionable emails/texts together can stop fraud before it happens.”
The expert shares three key tips to help the elderly avoid falling victim to fraud this summer:
- Be suspicious of ‘too good to be true’ deals. Scammers may offer fake discounts or sweepstakes to elderly consumers. Always verify companies through the Better Business Bureau (BBB) before agreeing to anything.
- Don’t answer unfamiliar robocalls. Elderly people are often targeted by phone scams pretending to be Social Security or Medicare. Use call-blocking apps to limit spam calls, and never share personal details over the phone.
- Ask a trusted family member for help. Scammers ramp up phishing emails and fake charity requests in the summer. Check emails or messages with a trusted family member to double-check the authenticity before clicking anything.
Sources
Data compiled by crypto currency exchange, ChicksX.com.
Source: Federal Trade Commission’s Consumer Sentinel Network: https://www.ftc.gov/news-events/data-visualizations/explore-data
Methodology: Data from 2025 YTD (Quarter 1) was analyzed to reveal the number of fraud reports nationally and in each state among consumers aged 60 to 69. Data also looks at the percentage of reports reporting financial loss, the total financial loss, and the median financial loss per report.
| State | Total Number of Reports | Percent of Reports with Financial Loss | Median Financial Loss per Report |
| Alaska | 121 | 26.4% | $1,415 |
| North Dakota | 79 | 39.2% | $1,404 |
| Arizona | 1,559 | 31.3% | $1,000 |
| Kansas | 488 | 21.1% | $1,000 |
| Utah | 377 | 31.8% | $1,000 |
| Nebraska | 321 | 25.2% | $1,000 |
| California | 6,157 | 27.3% | $866 |
| West Virginia | 273 | 37.4% | $853 |
| Georgia | 1552 | 30.7% | $850 |
| New Mexico | 418 | 32.1% | $850 |
| Florida | 4787 | 27.2% | $800 |
| Texas | 3904 | 30.2% | $750 |
| Delaware | 213 | 24.9% | $726 |
| Wyoming | 119 | 23.5% | $703 |
| Mississippi | 359 | 28.1% | $700 |
| Missouri | 1017 | 30.4% | $647 |
| Virginia | 1648 | 29.7% | $646 |
| Hawaii | 226 | 37.6% | $609 |
| Nevada | 610 | 30.8% | $605 |
| New York | 2749 | 28.0% | $600 |
| New Jersey | 1334 | 32.8% | $600 |
| Maryland | 1232 | 26.5% | $600 |
| South Carolina | 920 | 29.0% | $600 |
| North Carolina | 1710 | 30.5% | $503 |
| Illinois | 1958 | 26.3% | $500 |
| Ohio | 1855 | 26.1% | $500 |
| Tennessee | 1240 | 27.5% | $500 |
| Alabama | 720 | 28.9% | $500 |
| Indiana | 961 | 27.9% | $500 |
| Pennsylvania | 2248 | 27.4% | $498 |
| Arkansas | 461 | 33.8% | $498 |
| Oregon | 874 | 28.3% | $480 |
| Oklahoma | 517 | 30.4% | $480 |
| Washington | 1735 | 24.1% | $450 |
| Iowa | 457 | 31.7% | $432 |
| Michigan | 1743 | 27.9% | $414 |
| Louisiana | 619 | 24.6% | $408 |
| Minnesota | 888 | 29.7% | $400 |
| Montana | 261 | 30.3% | $400 |
| Idaho | 310 | 39.0% | $381 |
| Massachusetts | 1178 | 23.1% | $370 |
| New Hampshire | 311 | 23.2% | $351 |
| Rhode Island | 168 | 28.6% | $343 |
| Kentucky | 599 | 27.0% | $333 |
| Wisconsin | 1021 | 25.4% | $301 |
| Colorado | 1115 | 25.7% | $300 |
| Connecticut | 634 | 27.3% | $300 |
| Maine | 396 | 18.9% | $174 |
| South Dakota | 118 | 44.1% | $170 |
| Vermont | 118 | 24.6% | $149 |
