Financial Fraud and Older Adults: A Family Protection Guide
Financial fraud targeting older adults doesn't make the news every day — but it probably should. Scams aimed at people 60 and older have quietly grown into one of the largest financial crime problems in the country, and the losses are staggering. Recent FBI data shows that older adults reported nearly $5 billion in fraud losses in a single year — a 43% jump from the year before. Behind that number are real people, including those with emptied retirement…