Millions of Americans are facing a growing threat to their financial security, as a new report from AARP reveals a surge in cases of elder financial abuse and fraud. According to the research, which was conducted in New York, millions of residents are at risk of being scammed out of their hard-earned savings. The study highlights the alarming prevalence of these crimes, which can have devastating consequences for victims, including financial ruin and even homelessness. As AARP New York mobilizes a statewide effort to combat this issue, the organization is sounding the alarm and urging residents to take action to protect themselves and their loved ones.
Fraud is Hitting Home: New AARP Research Shows Millions at Risk as AARP New York Mobilizes Statewide PR Newswire