Financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.”
Given that seniors are thought to have a significant amount of money sitting in their accounts. Financial Scammers target seniors. Additionally, financial scams also often go unreported or can be difficult to prosecute, so they’re considered a “low-risk” crime. However, they're devastating to many older adults and can leave them in a very vulnerable position with little time to recoup their losses. Also, it’s not just wealthy seniors who are targeted; low-income older adults are also at risk of financial abuse, as it's not always strangers who perpetrate these crimes. Over 90% of all reported elder abuse is committed by…