FDIC Consumer News: Protecting Seniors from Financial Abuse

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Protecting Seniors from Financial Abuse

a man and a woman reivewing financial documents

Be organized, proactive, and aware to protect yourself, family and friends from financial abuse

Older adults are often targeted for such exploitation because they may be perceived as trusting, they may be cognitively impaired, they may have more funds available after a lifetime of saving, and potentially less exposure to technological advances.