The Justice Department investigated 712 individuals suspected of carrying out fraud schemes against older Americans during a 12-month period, according to a report released Wednesday. The cases involved 40 types of elder-fraud scams and more than 711,000 victims, the department said.
The reported activity covered the period from July 1, 2025, through June 30, 2026. Investigators said the alleged fraudsters stole a total of $4.84 million from older Americans during that span. The figures provide a nationwide snapshot of federal efforts focused on crimes that target people because of their age or perceived vulnerability.
What the report found
Elder fraud can include many different schemes rather than one single type of crime. The Justice Department counted 40 categories in its review, but the material released with the report did not identify the individual scam types or provide a breakdown of the alleged losses by category.
| Measure | Reported figure |
|---|---|
| Review period | July 1, 2025, to June 30, 2026 |
| Individuals investigated | 712 |
| Scam types | 40 |
| Victims targeted | More than 711,000 |
| Reported losses | $4.84 million |
The department’s use of the term “investigated” is significant. It describes federal investigative activity and does not by itself establish that every person counted was convicted or that every reported allegation resulted in a criminal finding. The report characterizes the individuals as alleged fraudsters.
Why the figures matter
The number of people targeted was far larger than the number of individuals investigated, according to the report. That difference reflects the scale of the problem described by federal officials: a relatively small number of alleged perpetrators can reach large numbers of older consumers through coordinated or repeat schemes.
Fraud losses can also affect more than a victim’s immediate bank balance. Depending on the scheme, a consumer may face unauthorized account activity or the exposure of personal information. The Justice Department’s report, however, does not provide additional details about the types of personal or financial data involved in the cases counted.
Federal enforcement effort
The report’s figures cover investigations conducted by the Justice Department over the year ending June 30. They do not represent a new criminal statute, a change to consumer-protection rules or a general estimate of all elder fraud in the United States. Instead, they summarize the department’s reported enforcement activity and the victims connected to those investigations.
- The Justice Department investigated 712 individuals between July 1, 2025, and June 30, 2026.
- The investigations involved 40 types of scams and more than 711,000 older victims.
- The department reported total alleged losses of $4.84 million.
The report underscores the broad reach of fraud directed at older Americans while leaving the individual cases and scam categories to the department’s underlying investigations.