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Suggestions for Older Adults to Avoid Financial Scams

  • September 19, 2024

Financial fraud and exploitation is one of the most prevalent types of elder abuse, and a report from the Federal Bureau of Investigation’s Internet Crime Report estimates that the annual loss to victims aged 60 years and older in the United States is assessed to be at least $3.4 billion dollars, the highest of any age group.

Source: https://www.creditandcollectionnews.com/new-york-states-division-of-consumer-protection-advises-older-adults-on-avoiding-financial-scams/