Financial fraud is the fastest-growing form of elder abuse. Broadly defined, financial elder abuse is when someone illegally or improperly uses a vulnerable senior’s money or other property. Financial scams targeting seniors are prevalent and costly. The FBI estimates that seniors lose more than $3 billion each year to fraudsters. Scammers go after seniors because they believe older adults have a significant amount of money in their accounts. Unfortunately, seniors are susceptible to financial fraud due to higher levels of trust in those appearing to be official representatives of legitimate organizations and due to the ever increasingly complex methods fraudsters use to appear legitimate.
Join elder financial exploitation expert, Lauree Peterson-Sakai, for an informative course on financial safety. Spend the hour breaking down what you need to know about identifying financial exploitation and providing easy tips on keeping you and your money safe throughout your golden years.
Presenter:
Lauree Peterson-Sakai, VOYCE Board Chair
Lauree is a highly experienced, passionate elder advocate, making a difference in the lives of seniors through empowering and educating individuals, communities, and organizations.