News

Elder financial exploitation is more than just a fraud issue — it’s a pressing public health and consumer protection challenge. As the population ages and digital channels become more ...
Despite limited regulatory requirements to intervene, broker-dealers face exposure to discipline and liability claims when elderly clients fall ...
Cases of elder abuse have increased by 40%. A HelpAge India study found 52% of elders face neglect, with sons being the ...
Age-old financial scams have become digitized, putting seniors at greater risk, says Adam Frank, head of wealth planning and ...
Police arrested a 30-year-old man who allegedly impersonated a Federal Trade Commission agent to scam a Santa Rosa woman out of $43,000 earlier this summer. Zhishen Zheng, a Chinese ...
Adults 65 and older are among those most vulnerable to financial scams and fraud, according to the 2024 FBI Internet Crime Complaint Center report. In 2024, seniors reported nearly $4.9 billion in ...
An 82-year-old Ocala woman lost $7,300 in cryptocurrency in an internet and phone-based scam last year and nearly lost ...
In Arkansas, the attorney general's office estimates the losses to elder financial abuse are just under $3.7 million over the past 12 months.
A lawsuit accuses Calistoga City Councilmember Scott Cooper of financial elder abuse — the second such allegation involving a Calistoga official in less than four years.
(BCN) — A Calistoga city councilmember is being sued for allegedly “cajoling” an 84-year-old woman in cognitive decline to take on a loan that he and his business benefited from f… ...
Broker-dealers face rising liability for elder financial abuse—Financial Industry Regulatory Authority FINRA enforcement, arbitration awards, and safe harbor rules u ...