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Age-old financial scams have become digitized, putting seniors at greater risk, says Adam Frank, head of wealth planning and ...
Despite limited regulatory requirements to intervene, broker-dealers face exposure to discipline and liability claims when elderly clients fall ...
Addressing elder financial exploitation requires a concerted effort from financial institutions, regulators, caregivers, and communities alike. By fostering a culture of vigilance, staff training, and ...
Financial elder abuse victims suffer affects to their psychological, emotional and physical well-being, such as feelings of betrayal, fear, guilt, depression and anxiety, according to the grand ...
BAKERSFIELD, Calif. (KERO) — Elder abuse—especially financial exploitation—continues to affect thousands of seniors each year, often going unreported and committed by both strangers and ...
(InvestigateTV) — According to the Federal Bureau of Investigation (FBI), elder fraud is a growing crisis, with America’s aging population losing more than $3 billion to scams in 2023. Ric ...
The circumstances of his 2014 passing and his children's wrongful death and elder abuse case against Kasem's widow formed the subject of a 2022 podcast series called "Bitter Blood." ...
The Consumer Financial Protection Bureau (CFPB) this week announced it has launched rulemaking to address harmful financial consequences of crimes including domestic violence and elder abuse. The ...
Elder abuse continues to be a problem across the U.S. and a new report from RP Legal Group has ranked states for the number of reported incidents, based on data from the National Adult ...
Estimates and policies related to informal caregiving associated with family financial abuse should account for efforts aside from health care as family members navigate adult protective services ...
Real Housewives of Orange County star Vicki Gunvalson demanded the lawsuit accusing her of financial elder abuse be thrown out of court, In Touch can exclusively reveal. According to court ...
The ministry said that older people are vulnerable to financial abuse due to their diminished mental capacity, social isolation, generally low education and lack of awareness about scams.