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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. Be on the Lookout for Scams. Play a voicemail message from a travel-award scam, if you get one.

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

CB Insights

Elder financial exploitation is a common issue throughout the United States. A study published in the American Journal of Public Health found that more than 5% of the elderly population experiences some kind of fraud or scam every year. incidents of elder financial exploitation were committed in 2017 alone.

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