WASHINGTON — U.S. Sen. Bob Casey, D-Pa., chairman of the U.S. Senate Special Committee on Aging, held an Aging Committee hearing entitled “Fighting Fraud: How Scammers Are Stealing from Older Adults.”

The hearing highlighted the psychological and economic impacts that frauds and scams have on older adults, who are disproportionately targeted by fraudsters.

During the hearing, Casey unveiled the Aging Committee’s annual Fraud Book, which provides seniors with an overview of the most prevalent scams to help them identify and avoid being victimized. The Fraud Book also contains resources for scam victims. In addition to the Fraud Book, Casey touted his report on the 2017 Republican tax law, called “Scammed Then Taxed,” which details how the law’s repeal of the theft loss deduction has imposed significant taxes on many scam victims.

Casey said, “We must do everything we can to educate older adults about the threats they face from frauds and scams. We must also do more to provide resources for those who have been victimized by scams, including those who have been forced to pay taxes on money they’ve lost due to changes in the 2017 Republican tax law.”