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Financial Abuse

Financial Abuse of Seniors Hits Record

THE WALL STREET JOURNAL by. Yuka Hayashi (January 24th, 2019) U.S. banks reported a record 24,454 suspected cases of elder financial abuse to the Treasury Department last year, more than double the amount five years earlier, according to government data. The increase occurred as new federal and state laws are prompting banks to take a more active role in trying to address frauds and scams...
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