What to Do When You Suspect Elder Financial Abuse
Financial exploitation can begin before a diagnosis or crisis. Know the signs to watch for.
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Financial exploitation can begin before a diagnosis or crisis. Know the signs to watch for.
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...
“We have witnessed our parents’ gradual decline in cognitive ability.”
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...
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...
Some say they "aren't good with finances" or depend on their spouse to handle money. But we should ask further questions to ensure financial abuse is not at play.
Once a guardianship is imposed, there are few safeguards in place to protect against individuals who choose to abuse the system. The post Guardians Are Supposed To Care For Our Mos...
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...
Around $3 billion was lost in 2025 to fraud from people aged 60 and over in the US.
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...
A dementia diagnosis, a power of attorney, and a lawyer who benefited from both.
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...
You have a duty to protect your staff — and you have a security gap you need to address.
EXCLUSIVE: Citizens Advice Scotland warned the scale of the problem is hard to identify as many victims are reluctant to admit they were duped by third party firms.
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...
Residents at a Co Kildare nursing home were at risk of financial abuse according to HIQA, when service fees were charged by a provider without being "clearly outlined".
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...
A North Carolina insurance agent was charged this week with exploiting an elderly person by stealing identify information and taking out a life insurance policy without the woman’s...
Identity thieves are zeroing in on older Canadians, exploiting higher credit limits and infrequent credit report checks
A parent who needs help buying groceries, paying bills, or getting to appointments may eventually decide that giving a caregiver access to a bank account...
An 80‑year‑old woman has lost HK$6 million (US$764,772) to a fake investment expert she met online, Hong Kong police have disclosed. The case was among more than 50 investment scam...
KUALA TERENGGANU, Oct 19 — A 63-year-old housewife lost RM87,975.04 after being duped by an online investment...
Rajesh Kumar, 26, and Deepak Sharma, 20, both of California, are charged with exploiting an older or vulnerable person, theft value more than $100,000 and attempted theft more than...
California's top fiscal watchdog and private contractors are accused of falsifying foreign investors' addresses to seize and sell hundreds of thousands of dollars in stock, accordi...
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