In moments meant for compassion and dignity, some criminals see only an opportunity to profit from the final chapter of ...
When we talk about fraud that can inflict a severe financial and emotional toll on the victims, it’s not hyperbole. One area where this is increasingly evident is elder fraud, as the amounts of money ...
Seniors tend to own their homes and have strong credit and ample savings, according to the FBI — all factors that make scams targeting seniors increasingly common. They’re also less likely to report ...
Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...