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https://theconversation.com/elder-fraud-has-reached-epidemic-proportions-a-geriatrician-explains-what-older-americans-need-to-know-230754>
"Americans age 60 and older lost more than US$3 billion to scammers in 2023,
according to the FBI.
To put that whopping figure in context, Taylor Swift’s
Eras Tour recently
made news as the first concert tour ever to earn $1 billion.
As a geriatrician – a doctor who cares for people over 65 years of age – I
believe elder fraud has reached an epidemic scale. My patients often tell me
about being scammed.
The consequences can be worse than just losing money. The experience is
traumatic for many, with some victims feeling deep shame and self-doubt in the
aftermath. This can interfere with their relationships, erode their trust in
others and harm their mental and physical health.
Teaching older Americans how to identify and avoid fraud – and how to report
such crimes – could go some way to mitigating the impact of this modern
epidemic."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics