WISER Special Report: Senior Fraud, Sweetheart or Sweetheart Scam?
Authorities in New York arrested a woman last year for theft of hundreds of thousands of dollars from an 85-year-old man, in what experts refer
Authorities in New York arrested a woman last year for theft of hundreds of thousands of dollars from an 85-year-old man, in what experts refer
Senior financial abuse scams are a multi-billion dollar “industry.” Studies estimate the annual financial loss nationwide to be around $2.9 billion. In a recent New
Identity theft and credit card fraud are common types of senior financial abuse. In 2014, the Federal Trade commission reported that 39% of the identity
Since every U.S. citizen or permanent resident is eligible for Medicare at age 65, seniors are a prime target for Medicare fraud. These scams trick
Undue influence is a critical part of any type of senior abuse – financial, physical, or sexual. Some seniors are more likely to be vulnerable
The increasing frequency of reverse mortgages has unfortunately meant that mortgage scams are also on the rise. Preying on fears of financial insecurity, scammers convince
Granting power of attorney (POA) to someone is a significant step. Having power of attorney over someone means having the right to make legal decisions
Foreclosure rescue scams and deed theft are tricks con artists use to steal property from unsuspecting seniors. Feeding off the fear of losing their homes,
Annuities and living trusts are well-established legal products that can help provide economic security to seniors. But some unscrupulous con artists target seniors to buy
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower
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