One in five older Americans a victim of financial fraud: survey
New program enlists doctors to protect patients, but you can take steps now to stay safe
More than 7.3 million older Americans — one out of every five citizens over the age of 65 — already have been victimized by a financial swindle, according to a survey released Tuesday as part of World Elder Abuse Awareness Day.
One problem is that few professionals or adult children appear prepared to spot when an older American may be vulnerable to financial abuse. A new program launched Tuesday seeks to train medical professionals to assess when older patients might be likely to fall prey to elder investment fraud and financial exploitation.
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