28 Apr Elder Fraud – What is it?
Elder fraud refers to any fraudulent activity or scam that targets older adults or senior citizens, with the intent of deceiving or exploiting them for financial gain. Elder fraud can take many forms, including telemarketing scams, investment fraud, identity theft, healthcare fraud, and more. Some common types of elder fraud include: The Grandparent Scam. The scammer pretends to be the victim's child or grandchild, claiming to be in trouble and in urgent need of money. Sweepstakes and Lottery Scam.The scammer informs the victim that they have won a large sum of money...