File ID: DOJ-OVC-2023 Date: 2023 Accessed: July 5, 2024 Headline: DOJ Office of Victims of Crime – 2023 Report to the Nation – Elder Abuse and Financial Exploitation Source: https://ovc.ojp.gov/2023-report-nation/elder-abuse-financial-exploitation Categories: AGENCY REPORTS DOJ-OVC REPORTS ELDER FRAUD DOJ-OJP-OVC-2023 – Viewer: ▼▼▼ (Download PDF File ⊗)
Category: Elder Fraud
Elder Fraud refers to deceptive schemes and scams specifically targeting older adults, exploiting their trust, vulnerabilities, and often their limited understanding of evolving technologies. These fraudulent activities can range from financial exploitation, where perpetrators manipulate seniors into giving away money or personal information, to various forms of identity theft and healthcare fraud. Elder fraud often involves tactics such as impersonation of trusted entities, pressure tactics, or emotional manipulation to gain the victim’s compliance. These schemes not only cause financial losses but can also lead to significant emotional distress and a loss of independence for the affected individuals. Preventing elder fraud requires awareness, education, and vigilance among seniors, their families, and caregivers, along with robust legal protections and community support systems.
FTC-PR-240307-3 (Mar. 7, 2024) FTC Convenes Advisory Group to Fight Scams Against Older Adults – April 2 meeting of advisory group will highlight information gathered by committees since previous meeting The Federal Trade Commission will host an online meeting of the Scams Against Older Adults Advisory Group on April 2, 2024. The meeting will include reports from […]