COVID and technological advances have created a perfect storm of fraud against older Americans. Between 2019 and 2023, the number of fraud cases reported to the Federal Trade Commission more than doubled to 2.6 million. But the losses from these scams tripled to $10 billion, indicating the scammers are becoming more effective. “Today’s scams are more coordinated, more sophisticated and more personalized,” Ray Bellucci, executive vice president of TIAA said in a new report on fraud focused on the impact on Americans over 60. Older people have long been more susceptible to fraud due to high rates of social isolation, heightened during COVID. This is especially true if they are divorced, single, or widowed and don’t have someone to talk…