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The best target for elder fraud!

Answered by: 

Question: 
Who is the most likely target for Elder Fraud?
Answer: 

The person who is most likely to be a target is a woman between the ages of 80 to 90. The reason is that ladies outlive their husbands by several years. Many times, the husband has never taught them about the couple's finances. Fortunately, this is changing with younger generations. Still, a woman searching for help with her finances becomes an easy target for family members, criminals, or caregivers.

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Learn more about Barry Thompson’s Understanding Elder Fraud webinar.

First published on 02/19/2023

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