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Financial abuse from schemes involving tech support, government impostors, false sweepstakes, grandchild hoaxes and online ...
Learn how to keep assets safe from scams and what to do if you suspect financial abuse.
Beyond these scams, most troubling is theft and financial elder abuse that takes place in your own home among those you trust – such as attorneys, children and grandchildren.
Elder financial abuse and fraud is typically underreported and costs older Americans $36.5 billion per year, according to research from retirement robo-adviser firm True Link. And it doesn’t ...
Losses from elder fraud and financial abuse are on the rise. See the staggering amount they've increased and much more with the latest elder fraud statistics.
Lawmakers are beginning to realize that financial services professionals can be effective in identifying and even preventing elder financial abuse.
As Baby Boomers continue to enter their senior years in large numbers, law enforcement officials and CPAs expect to see more instances of elder financial abuse. The elderly are particularly vulnerable ...
Sweetheart scams are the least common type of elder financial abuse. The most prevalent exploitation is committed by relatives - adult children, grandchildren, stepchildren, siblings and ...
Elder financial abuse has become a persistent problem as cases of senior fraud in 2018 reached nearly 25,000. According to the National Council on Aging, estimates of elder financial abuse and ...
Prosecutors acknowledge that financial elder abuse is rampant in the Bay Area, but it’s also among the most underreported crimes. District attorneys, anti-fraud agencies and politicians are ...
Local fraud expert says incidences of elder financial exploitation are up 30 to 40 percent since the COVID-19 pandemic began.
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