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Articles Posted in Financial Fraud

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Protecting Alzheimer’s Patients from Financial Fraud

Individuals suffering from Alzheimer’s can be prime targets for financial predators Unfortunately, we become more susceptible to financial scams from a wide range of offenders as we age. These include trusted advisors such as lawyers, accountants, and financial managers – as well as healthcare providers, caregivers, and even close family…

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Why are the Elderly More Susceptible to Financial Fraud?

New research suggests a new reason for the trust seniors place in others Researchers have long been interested in finding out why the elderly tend to fall for scams more easily than the rest of the population. While cognitive decline and diseases such as Alzheimer’s and dementia have been considered…

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Is FINRA’s Senior Helpline Working to Combat Elder Financial Fraud?

FINRA recognizes that our seniors are especially vulnerable to financial fraud—is HELPS helping? In 2015, FINRA launched a new program called HELPS, a hotline for senior investors with questions about the legitimacy of their investments. The program is intended to help combat elder financial fraud, which is rampant across the…

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