Nigerian Princes, Stranger Danger, Ed McMahon and the Elderly
Scott Solko(* Many envision retirement as a time of peace and relaxation. Sadly, this well-deserved time can be marred by a growing threat: elder exploitation. Elderly individuals, often trusting and eager for companionship, can become easy targets for scammers and unscrupulous individuals. The National Council on Aging estimates that up to five million older Americans experience elder abuse each year, with financial exploitation being the most common form. A staggering $36.5 billion is lost annually by elderly victims of financial abuse. This not only affects the elderly, many of whom live on fixed income, but also the national economy. Deceptive … Continued