elder financial fraud

Attorney General Holder: Fighting Financial Crimes Against the Elderly Is a Priority

Posted on 09/24/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsAs many as one in five older Americans has been the victim of a financial swindle, resulting in a staggering loss of $3 billion in one year alone, Attorney General Eric Holder told the audience at AARP’s National Event & Expo in New Orleans. The heartbreak behind these figures is unconscionable. Holder says stepped-up enforcement against financial fraud is a priority at the Justice Department. But he says the government’s success, in part, is dependent on “allies” like AARP for raising awareness …