How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'

Marjorie Bloom, a retiree, lost her life savings in a "tech support" scam involving cryptocurrency. These frauds, which target older adults, are on the rise.

Highlights

• Marjorie Bloom was the victim of a “tech support” scam.
• She lost $661,000 in the fraud.
• Americans 60 and older lost $3.1 billion to cyber fraud in 2022, an 84% increase from 2021, according to the FBI.
• Older adults, many of whom have saved their entire careers for retirement, can have the most to lose.
• Fraud may deprive victims of funds for basic living expenses such as food, travel and shelter, among other expenses.
• In 2022, one-in-three Americans ages 65-to-74-year-olds had a net worth of more than $1,1, on average, in 2019.

---

Read the original article