Unfortunately, there a scammers in the world who are particularly fond of taking advantage of older people. Fortunately, the National Council on Aging has assembled a helpful list of the top ten financial scams that you need to know about in order to protect yourself and your assets. Here’s a disturbing conclusion that’s pointed out in the article:
“It’s not just wealthy seniors who are targeted. Low-income older adults are also at risk of financial abuse. And it’s not always strangers who perpetrate these crimes. Over 90% of all reported elder abuse is committed by an older person’s own family members, most often their adult children, followed by grandchildren, nieces and nephews, and others.”
