Protect Older Oklahomans from Losing Their Life Savings to Scams

Vote YES on Anti-Fraud Legislation

A recent AARP survey found that nine in ten Americans encountered a fraud attempt in the past year and at least one in six of them lost money as a result. One out of five older adults are victims of financial exploitation, and the average victim loses $120,000. The impact on victims and families is wide-reaching and can be both financially and emotionally devastating, especially for older adults.

AARP Oklahoma is fighting to help our residents and their families stay safe by asking legislators to support SB 1083, a bill that would increase consumer protections and regulation of digital asset kiosks, also known as bitcoin or cryptocurrency ATMs.

Criminals love these kiosks because they’re a quick way to trick people into handing over cash. They’ll call or text you, pretending to be the government or a company, saying something urgent like, “Your account has been hacked - send money to protect it.” Then they send you to a kiosk with a QR code that funnels your money straight to them. Once it’s gone, it’s nearly impossible to trace or get back.

Oklahomans lost $25,031,191 in 2023 to cryptocurrency-related scams, including crypto kiosk fraud.

In 2025, the Oklahoma legislature is considering a bill that would help prevent fraud involving crypto kiosks. Your legislator needs to hear from you.

Fed up with fraud? Tell your legislators to support SB 1083.

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Dear Representative,

Message Body

As a constituent in your district, I urge you to support legislation that will protect Oklahomans from digital asset fraud, also known as cryptocurrency or bitcoin fraud. Fraud is a serious crime, and criminals increasingly target older adults for fraud using a variety of financial products and services such as cryptocurrency kiosks/ATMs.

According to the Federal Bureau of Investigation Internet Crime Complaint Center, the use of digital asset kiosks to perpetrate fraudulent activity against the U.S. population is increasing rapidly, with more than 5,500 complaints reported and losses totaling more than $189 million in 2023. Oklahomans lost $25,031,191 in 2023 to cryptocurrency-related scams, including crypto kiosk fraud. This staggering data only reflects those individuals who reported the crimes against them. Many others did not.

Older adults are often targeted because they are seen as having wealth, such as retirement savings. But we also know that when older adults are exploited, the impact can be especially severe because many victims have reached a time in their life when they are least able to recover financially.

Fraud and other financial crimes, such as digital asset fraud, can create real financial devastation. You can help by supporting SB 1083 that provides robust oversight and enforcement related to digital asset kiosk/cryptocurrency ATM fraud.

Thank you for voting YES for SB 1083 and protecting all Oklahomans, and especially older Oklahomans who are targets for exploitation.

Sincerely,

[First Name] [Last Name]
[Your Address]

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