Elder fraud
Elder Abuse Awareness Month Raises Spotlight on Growing Problem of Financial Abuse
June is National Elder Abuse Awareness Month. Highlighting the problem of elder abuse shouldn’t be a one-month effort, it must be an all-the-time effort. Your credit union is working hard to be a shield for our elder members when it comes to …
Elder fraud
Scams Target Older Americans at an Alarming Rate
The number of elderly victims impacted by fraud has risen dramatically and the loss amounts are even more staggering. In 2021, over 92,000 victims over the age of 60 reported losses of $1.7 billion to the Internet Crime Complaint Center (IC3). This …