Upset elderly man with head in hands

From Puppies to Tech Support: 10 Scams Targeting Your Older Members

June is Elder Abuse Awareness month, an excellent time for credit union staff to brush up on the latest scams targeting older members. Up to five million older Americans are abused every year, and the annual loss by victims of financial abuse is estimated to be at least $36.5 billion.
People over 60 are often the targets of criminals because they are more financially secure, they may experience memory issues, and they tend to be more trusting.

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