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Financial Exploitation of the Elderly-What You Need To Know

Protecting Our Aging Adults Presented by the White House Conference on Aging Older Adults are prime targets for financial exploitation both by persons they know and trust and by strangers. Financial exploitation has been called “the crime of the 21st century” with one study suggesting that older Americans lost at least $2.9 billion to financial exploitation.  The Consumer Financial Protection Bureau and the FDIC have teamed up to help us do something about the financial abuse of the elderly. Many cases of elder financial...

Posted by on Jun 19, 2015

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