Elder Fraud news and trends

CFPB Warns Of Elderly Financial Exploitation
CFPB // March 24, 2016

The Consumer Financial Protection Bureau said on Wednesday (March 23) that it has issued an advisory alongside a report detailing recommendations for financial institutions, ranging from credit unions to banks, offering information on how to recognize, report and also prevent financial exploitation of older customers....

Quick Reads
Complaints of Fraud Targeting Older Americans Rose 14% in 2023

May 01, 2024
Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

CFPB Warns Of Elderly Financial Exploitation

March 24, 2016
The Consumer Financial Protection Bureau said on Wednesday (March 23) that it has issued an advisory alongside a report detailing recommendations for financial institutions, ranging from credit unions to banks,...