Elder Financial Fraud Reaches $1.7 BILLION Read More »
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Saturday, December 28, 2019
Elder Financial Fraud Reaches $1.7 BILLION
In February 2019, McKnights’s Senior Living reported, citing a report just released from the Consumer Financial Protection Bureau (CFPB) that financial elder fraud reports had quadrupled since only 2013, reaching $1.7 billion in actual losses or attempted thefts, and those figures were for the year 2017. The CFPB report is based on suspicious activity reports …
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