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Elder Fraud: 5 Ways to Protect the Ones You Love

FICO

Did you know that today is World Elder Abuse Awareness Day ? In addition to being a passionate defender in the fight against child identity fraud , I am also an ardent supporter of elders’ financial well-being. This task should be executed legally, including filing paperwork, in the correct jurisdiction.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

The goal is to help a parent or grandparent independently make purchases for essentials like food, medications, and entertainment, while blocking transactions that are more likely to be linked to fraud, such as wire transfers, over-the-phone purchases, and international charges. . Source: True Link Financial.

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