Protecting Against Elder Fraud

Sunday, 05 July 2015
Running a Firm

Older Americans are perhaps the most vulnerable targets of financial fraud. In fact, according to a new survey from the American Institute of CPAS, in the last five years elder fraud has increased 47 percent. However, the AICPA PFP Trends Survey found that fraud against the elderly, in most cases, causes more of an emotional impact (37 percent) than a financial impact (5 percent).

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