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Raising Elder Fraud Awareness to Prevent Real Estate Scams

FICO

It’s June, a special month for honoring loved ones, especially parents and grandparents by raising Elder Abuse Awareness. World Elder Abuse Awareness Day is officially June 15th and it’s an ideal time to educate oneself on how to protect elders from becoming victims of financial abuse.

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Consumer Watchdog Warns Against Elder Financial Abuse

PYMNTS

The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization said in a release. . The CFPB also released a report that showed how important it was to tell authorities about EFE.