Elder Investment Fraud
New data from the 2017 AARP Investment Fraud Study
Elder Investment Fraud is on the Rise
The 2017 AARP Investment Fraud Vulnerability Study highlights two troubling trends in the United States. Investment fraud is on the rise and elders are increasingly being targeted.
The AARP Investment Fraud Vulnerability Study “sought to identify differences between known elder investment fraud victims and the general investor population in three discrete areas: psychological mindset, behavioral characteristics, and demographic characteristics.”
This article extends the AARP’s discussion on elders as investment fraud targets, exploring common schemes, a discussion on why seniors are vulnerable, and methods for prevention and resolution. In preparation, we spoke with a number elder abuse advocates, elder abuse attorneys in California, financial abuse researchers, and contributors to the AARP Study.
Reporting Channels for Financial Elder Abuse
California District Attorney’s Association
Phone: 916-443-2017 | Website
Federal Trade Commission Complaints: 1-877-FTC-HELP (Toll Free), Website