As the GCM earns the trust of older clients and family members, they are well positioned to monitor signs of specific family members taking financial advantage of older people’s money.
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February 15, 2013
Elderly Suffer as Financial Abuse Grows
It's a serious issue. Last year, MetLife said elderly victims of financial scams lost at least $2.9 billion in 2010, up from $2.6 billion in 2008. And 20% of Americans over the age of 65 have been victims of financial swindles, a 2010 IPT report said.
Read more on this important article here and view this eye-opening video.
Read more on this important article here and view this eye-opening video.
Watching out for Financial Elder Abuse
"Financial Fraud is the number one consumer protection issue for AARP” claimed Anthony Catillio who exposed a program that provides free lunch seminars that mislead seniors and sucked them into losing untold millions.
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Click on this link for more important information.
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