FBI Reports Elder Fraud in Arkansas on the Rise, More than $27 Million in 2024 Losses
- Financial abuse is the most common form of elder abuse in Canada, according to Holly Cunliffe, a partner at Aird & Berlis specializing in elder law.
- Around 81 percent of reported cases are committed by a spouse, family member, friend, or acquaintance.
- Financial mistreatment can start subtly and often involves trickery, as noted by Schoepflin.
- Cognitive decline increases vulnerability to financial abuse in older individuals.
19 Articles
19 Articles
Senior scams on the rise: Here’s what FBI agents say you should watch out for
FBI agents in South Florida are raising awareness about the rise in elder fraud, highlighting trends such as impersonation scams, tech support fraud, and cryptocurrency investment schemes.
FBI reports elder fraud in Arkansas on the rise, more than $27 million in 2024 losses
LITTLE ROCK, Ark. – Officials with the Little Rock FBI office said elder fraud is on the rise nationally, including in Arkansas. Officials said that the 2024 national loss to those over 60 due to various scams totaled $4.885 billion, based on 147,127 complaints. This represents a 46% increase from 2023 losses, they said. Arkansas agencies issue notices about frequent text scam FBI officials reported that Arkansans over 60 experienced losse…

'An underlying epidemic': Elder financial abuse on the rise as population ages
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