Study: Elder Financial Abuse on the Rise
June 18, 2012 by Maria Wood
By Maria Wood
June 15, 2012 •
In a recent poll, a majority of financial experts, medical professionals and social workers agreed that financial abuse and investment fraud aimed at the elderly is a worsening problem in the U.S. The survey was conducted by Investor Protection Trust (IPT), a nonprofit group dedicated to educating consumers on investment decisions.
Among the nearly 800 polled online in early June were state securities regulators, financial planners, medical professionals, caregivers/social workers as well as law enforcement officials and legal experts. Click here to read more…