Financial exploitation robs millions of older people of their money and property annually. To prevent and respond to the growing crisis of elder financial exploitation, people are working together in hundreds of communities across our nation.
Scams that target older people occur every day, but you can count on scammers to ramp up their efforts to prey on people’s generosity during the holiday season. We’re working to provide older consumers and their families with the tools and information they need to protect themselves from frauds and scams.
Older Americans lose an estimated $2.9 billion annually to financial exploitation, and it’s estimated that for each case that is reported, 43 others go unrecognized. With 50 million older people in this country, and 10,000 more reaching retirement age every day, we cannot afford financial predators or practices that victimize our elder citizens. Therefore, in […]