VALENTINE, Neb. - The FBI warns that scammers are increasingly cashing in on America’s older adults. Between 2021 and 2023, reports of fraud against seniors rose by 209%, and losses skyrocketed by 419%, surpassing all other types of scams.

“In 2023, there was $3.4 billion in fraud,” said FBI Assistant Special Agent in Charge Clint Nafey.

Across Nebraska and the nation, elder fraud is on the rise. That’s why Nafey met with residents at Cherry Hills Estates in Valentine.

“They come from a different generation, and they’re willing to help. There’s a variety of different scams that are taking place that target that specifically,” said Nafey.

Some of the most common scams are sextortion, grandparent fraud, and investment schemes, but Nafey says those involving technology are the biggest problem.

“It’s evolving consistently. When folks get an email and click on a link, you’re downloading malware that affects your system, and scammers can see the things that are happening on your device,” said Nafey.

So what should you do if you get a call or email that might be a scam? The FBI says the first thing is to just take a pause.

“Take a beat. Take a step back. Think about the situation. Don’t rush into it,” said Nafey.

Nafey said scammers often create urgency to prevent you from seeking advice or evaluating the situation logically.

“They will reach out to you out of the blue. You’ll get a contact through instant message, email, a phone call, or someone knocking on your door,” said Nafey.

Scammers who can be especially active during the holiday season.

“These criminals are preparing for the holiday season. Fraud is a big part of that. They’re going to hop on your joyous mood of the holidays. They’re going to look to see if they can get you to donate money,” said Nafey.

However, hopefully with these tips and Valentine's FBI visit, fewer seniors will experience fraud and enjoy a happy, healthy, and financially safe holiday season.

If you think you’ve been scammed, it’s important to contact your local law enforcement immediately. You should also report it to the FBI .