Financial Exploitation of the Elderly – Our Elderly Get Swindled and the Banks Do Nothing!
According to the Federal Trade Commission, consumers lost $8.8 billion to fraud in 2022—$2.7 billion more than was reported as lost in 2021. Aggregate losses increased by 44% over one year even though 500,000 fewer reports were filed in 2022. In other words, fraudsters made significantly more per episode of fraud in 2022 than they […]