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Gail Hillebrand Remarks at the Release of Money Smart for Older Adults

Older Americans are attractive targets for fraudsters, because some older Americans have wealth. U.S. households aged 65 and over had a net worth of approximately $18 trillion in 2009. Older adults may be victimized by a broad range of perpetrators, including scam artists, family members, caregivers, financial advisers, home repair contractors, guardians and others.