Elder abuse can be more than physical abuse or neglect. Financial exploitation is a common—and harmful—form. According to a press release from American Senior Communities, seniors lose over $5.9 billion each year to identity theft, promises of goods or service, scams such as posing as a family member in need,…
Former FBI Director Airs Warning About Elder Fraud — FBI | #datingscams | #lovescams | #facebookscams
The Websters are among millions of older Americans targeted each year in elder fraud schemes like bogus lottery and romance scams. Fraudsters string along victims with promises of love or riches in exchange for cash advances or assistance moving illegal funds. Losses from these types of scams reach into the…