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Nearly One Out of Five U.S. Seniors Hit by Financial Swindles (PDF)
Investor Protection Trust Link to more items from this source
Mar. 24, 2016

"Almost one of five Americans over the age of 65 -- 17 percent or nearly seven million seniors -- have 'been taken advantage of financially in terms of an inappropriate investment, unreasonably high fees for financial services, or outright fraud' ... Efforts to involve doctors in spotting and reporting signs of financial exploitation of the elderly appear to be working.... Concerted efforts to educate elderly investors about investment schemes may be gaining traction."

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