{"id":6067,"date":"2018-05-30T08:00:13","date_gmt":"2018-05-30T12:00:13","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=6067"},"modified":"2018-06-11T13:23:01","modified_gmt":"2018-06-11T17:23:01","slug":"credit-unions-aim-to-stop-elder-financial-fraud","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/credit-unions-aim-to-stop-elder-financial-fraud\/","title":{"rendered":"Credit Unions Aim to Stop Elder Financial Fraud"},"content":{"rendered":"

A new program has launched with the goal of educating everyone about this problem<\/strong><\/h2>\n

According to a 2017 survey<\/a><\/span> conducted by the Cooperative Credit Union Association (CCUA), two-thirds of caregivers reported that they had an elderly family member who at one time or another was a target of some sort of fraud or scam. In addition, 28 percent of older people were victims of a scam.<\/p>\n

The survey also revealed that only 4 percent of seniors had ever taken a financial literacy class. Overall, almost 40 percent of respondents believed their older relatives were \u201csomewhat\u201d or \u201cnot at all\u201d financially literate.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Elder financial fraud is rampant in the U.S., but a new educational initiative by credit unions is aiming to help put a stop to it. <\/p>\n","protected":false},"author":2,"featured_media":6068,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[582,592,595],"tags":[878],"class_list":["post-6067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elder-fraud","category-finra-investor-alert","category-investment-fraud","tag-stop-elder-financial-fraud"],"yoast_head":"\nCredit Unions Aim to Stop Elder Financial Fraud — Securities Arbitration Lawyers Blog — May 30, 2018<\/title>\n<meta name=\"description\" content=\"Elder financial fraud is rampant in the U.S., but a new educational initiative by credit unions is aiming to help put a stop to it. — May 30, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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