fraudsters

Con Artists and Fraudsters

The National Council on Aging reports that financial scams targeting older adults are on the rise. According to the Federal Bureau of Investigation in 2021, there was a 74% increase in losses to older victims of fraud compared to 2020. Why is this? Con artists and fraudsters tend to go after older adults because they believe this population has money in the bank, are lonely, and/or are more susceptible to believing fraudulent stories that are told. Sadly, these financial scams often go unreported, are tough to prosecute, or involve older adults who just don’t want to believe they got duped. Call us if you are concerned or are questioning something or someone newly involved in your life. We can be a good sounding board when you need one. We’re always here to help!

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