Financial Frauds and Scams Against Elders: Government Responses and Resources
Source: National Consumer Law Center (NCLC)
Financial exploitation of older adults is the most common form of elder abuse and costs older adults billions of dollars each year. Victims are robbed of their resources, independence and dignity. State and federal governments are often first responders and can play key roles in protecting older consumers. Government agencies have developed the expertise and tools to fight scammers, help victims, and make policy and practice recommendations to key stakeholders.
Topics: Cognition/Capacity, Financial Abuse, Legal
Intended Use: Self-directed Learning, Teaching Others
Audience: Finance, Legal/Law Enforcement
Level: Basic, Intermediate