Financial Abuse of the Elderly: Sometimes Unnoticed, Always Predatory

financial exploitation of elderly

Mariana Cooper, 86,with her granddaughter, Amy Lecoq, 39. Ms. Cooper was bilked out of much of her savings by someone she considered a friend. Credit Ruth Fremson/The New York Times

With 10,000 people turning 65 every day for the next decade, a growing pool of retirees are susceptible to such exploitation. As many as one in 20 older adults said they were financially mistreated in the recent past, according to a study financed by the Justice Department.

http://www.nytimes.com/2015/11/28/your-money/financial-abuse-of-the-elderly-sometimes-unnoticed-always-predatory.html?_r=0

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