How to prevent elder fraud and financial abuse
Americans over the age of 60 reported $7.7 billion in total fraud losses in 2025, up 59% from 2024 to the Federal Bureau of Investigation’s Internet Crime Complaint Center. The a...
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Americans over the age of 60 reported $7.7 billion in total fraud losses in 2025, up 59% from 2024 to the Federal Bureau of Investigation’s Internet Crime Complaint Center. The a...
Elder fraud – where seniors are deliberately targeted due to this demographic having lower rates of tech literacy – is becoming a growing problem in the US. According to Incogni...
Anyone can fall victim to a scam, but adults over 60 are especially vulnerable—and often face more substantial financial losses. A report from the U.S. Federal Trade Commission (FT...
Around $3 billion was lost in 2025 to fraud from people aged 60 and over in the US.
Imagine trying to transfer $5,000 to help your grandchild with a down payment, only to discover that your financial institution has delayed the transaction because...
Identity thieves are zeroing in on older Canadians, exploiting higher credit limits and infrequent credit report checks
Financial exploitation can begin before a diagnosis or crisis. Know the signs to watch for.
An elderly woman in Texas helped federal authorities nab a scammer connected to a massive international ring that stole allegedly millions and caused one victim to commit suicide.T...
The first scam may cost $200 in gift cards; the next could involve a bank transfer, cryptocurrency ATM, or someone claiming the family’s savings must...
The call often begins with a frightened voice saying something no grandparent wants to hear: “Grandma, I’m in jail.” Within minutes, another person may come...
Three people have been arrested as part of a months-long international investigation into an alleged organization accused of scamming older adults out of more than $250 million, ac...
The so-called “grandparent scam” is simple but effective because it relies on older adults who want to help their grandchildren, especially in times of crisis. But your good intent...
Medicare fraud can begin with something that doesn’t feel particularly dangerous: a phone call about a “free” genetic test, an unexpected package containing medical equipment,...
Ejiroghene Okuma embezzled funds from an elderly client’s accounts while working at Edward Jones and Equitable, using the money to buy a mansion and a country club membership.
Older homeowners could pass down $10.2 trillion in 10 states, but nearly half sits outside the strongest deed fraud protections.
ざっくり言うと 令和7年度、都に寄せられた消費生活相談は3件に1件以上が高齢者からの相談 8割が高齢者からの相談である「分電盤の点検商法」は、前年度比3倍以上という...
Jane Bertelli lost £12,000, left to her by an elderly relative, to a tree-planting investment scam.
A false dementia diagnosis stripped a B.C. man of control over his life and finances, allowing his granddaughter to take charge. But when he uncovered this perfect swindle, he set...
A federal jury in Austin convicted an Indian national on Monday for his role in a scheme that scammed elderly Americans out of more than $150 million in cash and gold. The post Jur...
U.S. Attorney Escalona Recognizes World Elder Abuse Awareness Day
The person on the phone knows your full name, your address, and perhaps even that you’re enrolled in Medicare, so when they ask you to...
“The Social Security Administration’s benefits programs are meant to safeguard America’s elderly and most vulnerable — not to bankroll fraudsters,” said the DOJ’s fraud division le...
Police say the victim received a phone call claiming she was involved in a crime in India and needed to withdraw money to resolve the matter.
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