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Survey: Elder Fraud Victims Often Don’t Report Problems

Elderly victims of financial abuse are unlikely to discuss their finances with other people, according to a study by Allianz Life, an insurance company, and as a result, the extent of fraud committed against the elderly may be underreported. Researchers conducted a survey of more than 2,000 Americans who were either older than 65, or who were friends and family of an elderly person and between the ages of 40 and 65. Among elderly respondents who had been the victims […]