A national force for good in the
fight against fraud.
Adjusting for underreporting, the FTC estimates that the overall cost of fraud to older consumers in 2023 may have been as high as
$61.5 billion
That's $117,000 per minute
In 2024, total fraud losses reported to the FBI by those over the age of 60 topped
$4.9 billion
That's
more than 4x
the reported losses
from 2020.
Our mission is to reduce fraud in America.
Law enforcement is constrained by competing priorities, jurisdictional challenges, and lack of available resources to address the avalanche of fraud that is largely perpetrated by transnational organized crime rings. Private companies possess valuable data, but there is no central repository to link it with other data sets.
The National Elder Fraud Coordination Center (NEFCC) will address this problem by aggregating and analyzing private and public sector data through an organized crime lens, tying cases together and creating high dollar investigative packages for federal law enforcement investigation and prosecution.
Our goal? To play a role in dismantling the fraud business model.
Leadership
Kenny Ojo
Founder
Dr. Taiwo Onipede
Co-Founder
Oluwaseun 'Olu' Popoola
Co-Founder