Four in Ten US Adults Report Fraud Victimization
Summary
The ABA Banking Journal reported on an AARP survey finding that approximately 40% of US adults report being victims of fraud. The survey highlights widespread consumer concern about financial scams and fraud schemes targeting Americans across demographic groups.
What changed
The ABA Banking Journal summarized an AARP survey reporting that four in ten US adults have experienced fraud victimization. The survey findings indicate high levels of consumer concern about fraud and scam prevalence.
Financial institutions should note the high fraud victimization rate when developing customer education programs and fraud prevention initiatives. Banks may consider enhanced communication to customers about common fraud schemes and protective measures.
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Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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AARP survey finds widespread concern about fraud
April 10, 2026 Reading Time: 1 min read Nearly four in 10 U.S. adults say they have been victims of fraud, while many more say they worry about becoming victims, according to a recent survey by AARP.
Roughly one-third (30%) of respondents said their biggest fear about fraud is being targeted themselves, followed by losing money with no way to recover it (21%) and seeing a loved one victimized (15%). At the same time, one in six respondents answer calls (11%) or respond to texts (5%) from unknown contacts, and roughly half download free apps and take online quizzes on social media that can expose personal data, according to AARP.
Still, the survey found respondents are taking measures to protect themselves. Respondents reported locking their devices with passwords or biometrics (85%), using protective software such as antivirus or call-blocking tools (65%), enabling automatic updates (61%), and recognizing common fraud tactics such as gift card payment demands (82%).
There remained a gap in fraud occurrences and reporting. The survey found that nearly three-quarters of victims contacted their financial institutions about fraud, but far fewer notified law enforcement or the Federal Communications Commission.
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