Securities Arbitration Lawyers BlogElder Fraud on the Rise in South Florida
The Sunshine State may not be so sunny for seniors—here’s how to protect yourself and your loved ones from the unscrupulous and duplicitous
A running joke in sitcoms, movies, and even real life is that of retirees moving to South Florida to retire. Everyone dreams of sunny skies, beautiful beaches and trees that stay green all year long, right? But for targets of elder financial abuse, that dream can quickly become a nightmare.
According to Investment News, every day 10,000 of our 77 million baby boomers turn 65, officially making them senior citizens. That demographic is not the only thing that’s growing rapidly, however. Elder financial abuse is also on the rise.