The scammers have older Americans in their crosshairs. They want to steal their lifetime savings and investments. So your parents, grandparents, or very possibly you, could be the victim of financial elder abuse, say senior-citizen advocate groups. “Each year, elder financial abuse costs Americans more than $36 billion, and 1 in every 5 seniors —...

Topics:  americans   senior   elder financial abuse   
BING NEWS:
  • FBI Issues Warning As Cyber Scams Targeting Senior Citizens On The Rise
    A new FBI report is rolling out a stark warning to the world about how cyber scams are on the rise and they’re targeting elderly individuals. Those above the age of 60 are being tricked into the scam ...
    05/4/2024 - 4:25 pm | View Link
  • ‘A lot of seniors have fallen victim': Acting governor asks manåmko’ to report, watch out for online scamming
    A large number of local senior citizens are falling victim to online scammers, according to acting Gov. Joshua Tenorio who on Friday encouraged manåmko’ to seek help from law enforcement ...
    05/3/2024 - 10:49 am | View Link
  • Providence Man Sentenced for Scamming Rhode Island and Massachusetts Seniors
    Vidal Roquez, 39, previously admitted to the court that he personally visited the homes of grandparent scam victims in Rhode Island and Massachusetts to ...
    05/3/2024 - 5:04 am | View Link
  • Seniors being targeted in cash-to-gold scams in Montgomery County
    A warning from officials in Montgomery County: scammers are still targeting elderly victims, convincing them to convert cash into gold bars.
    05/2/2024 - 2:15 pm | View Link
  • The Growing Epidemic of Elderly Abuse
    The number of senior citizens is growing rapidly; individuals aged 65 and older increased from 39.6 million in 2009 to 54.1 million in 2019 (a 36% increase) and is projected to reach 94.7 million by ...
    05/1/2024 - 9:20 am | View Link
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