Preventing financial elder abuse

Whether the abuser is an outsider or a family member, here's what to look for.

Read more here.
.

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.

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.
 Click on this link for more important information.

.

Elderly man scammed for thousands

A government report released this month described elder financial exploitation as an "epidemic with societywide repercussions." While this type of fraud is woefully underreported and often overlooked, officials estimate that Americans 65 and older are taken for nearly $3 billion a year.
Click here to read the entire article.

.

Holiday Scams Target Elderly

Michigan State Police Trooper Rob Herbstreith said the Niles post recently received three complaints in one week from widowed seniors who were targeted by a similar scam. One of the three victims lost $3,000.
Click on this link for more
http://www.nilesstar.com/2011/11/30/holiday-scams-target-elderly/