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Fraud Against the Elderly is Rampant


Renowned former CIA and FBI director William Webster and his wife almost fell victim to an elder fraud scheme, highlighting the increasing prevalence of scams targeting seniors. With fraudsters stealing an estimated $10 billion from Americans in 2023, many seniors are too ashamed to report being scammed. Dr. Laurie Archbald-Pannone, a geriatrician, urges seniors to be vigilant and report any suspicious activity, stressing the importance of being cautious of urgent or time-sensitive offers. The AARP Fraud Watch Network Helpline is a valuable resource for reporting scams and receiving advice on how to prevent fraud and identity theft. The scam landscape continues to evolve, with various tactics being used to deceive unsuspecting seniors. It is crucial for seniors to stay informed and protect themselves from falling victim to fraud schemes. As the number of scams targeting seniors continues to rise, it is imperative for individuals to remain cautious and vigilant in order to safeguard their financial and personal information.

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