financial fraud

200-white-house-conference-aging
“This is not your father’s or mother’s retirement. This is a new world order,” U.S. Secretary of Labor Tom Perez told attendees at a White House Conference on Aging regional forum in Seattle on April 2.
business crime
A new survey is bringing renewed attention to the hideous crime of elder financial fraud — and the results show just how underreported it is.
marshmet462 Creative Commons photo of flag and $1
You've seen this subject here  before. I'm bringing up financial elder abuse again because of a new resource for readers.  But some background first:  Americans age 60+ lose nearly $3 billion a year to financial abuse.  That's 5 million older Americans who get duped annually. According to studies by the Consumer Law Center, sham telemarketers direct 56-80% of their calls at older people. And, the Consumer Financial Protection Bureau says that for every case that is reported, 43 are not.
4882451326_5370972b53
As we head into our retirement years, we could all use a little financial guidance to help us fluff up our nest eggs. Do we tap a certified senior adviser or chartered financial consultant for advice, or would a senior or retirement specialist be better? Maybe a certified trust and financial adviser or an accredited retirement adviser would be best? No, wait, what about a certified financial gerontologist? Or a chartered adviser for senior living?
8388743325_e13ef18f01
Update: Here's some news you'll want to share with your parents to avoid the heartbreak of fraud and abuse at the hands of financial professionals.
Search AARP Blogs