Approximately 2.6 to 36.5 billion dollars in lost assets and money are reported every year by the National Council on Aging (NCOA). Although self-reported financial exploitation occurs at higher rates than all other types of elder abuse, the NCOA believes…
Besides homebuyers, real estate scams also affect people refinancing their mortgages, selling their homes, purchasing or owning commercial property, and even renting. Con artists are eager to scam at every stage of a real estate transaction. Although scams vary, there…
Fraud losses among the elderly exceed $3 billion annually, according to the US Department of Justice. It is believed that $3 billion is a low estimate, as many occurrences of elderly scams go unreported. These statistics rose significantly during the COVID-19…