Fraud targeting older Idahoans continues to grow, and banks can play an important role in helping customers recognize the warning signs before money is lost.
The Idaho Department of Finance is bringing its fourth annual Senior Fraud and Financial Exploitation Prevention Roadshow to six Idaho communities this September. The free events come as reported fraud losses among Idahoans age 60 and older have doubled in one year, rising from $18.7 million in 2024 to $37.4 million in 2025.
This year’s roadshow will focus on scams ranging from spoofed calls and phishing emails to cryptocurrency schemes and AI-generated voices impersonating family members. Attendees will learn how to recognize red flags, interrupt a scam before funds are transferred, and report suspected fraud. The sessions are open to seniors, family members, caregivers, and anyone interested in helping protect older adults from financial exploitation.
How Idaho banks can help
Banks are often a trusted source of financial information in their communities. Consider helping spread the word by:
- Sharing the roadshow with customers through social media, newsletters, websites, lobby displays, or statement messages.
- Providing the event information to employees who work directly with older customers and their families.
- Sharing the schedule with local senior centers, libraries, community organizations, and other partners your bank already works with.
- Encouraging customers and caregivers to attend a session in their area.
The roadshow will visit Star, Payette, Rexburg, Burley, Nampa and Boise between September 8 and September 23.
Helping more Idahoans recognize a scam before money moves is one practical way banks can support fraud prevention efforts in the communities they serve.