Elder fraud

By combining strategic queries with compassion and empathy, financial advisors can convey the message that older clients' legitimate fears around loss are understood.

Americans over age 60 reportedly lose $28.3 billion each year to fraud. The problem may be even worse than advisors thought, a new study says.

More elderly consumers are being diagnosed with Alzheimer's and dementia — making them vulnerable to scammers. Financial institutions are seeking special certifications to better equip themselves to help.

A 2018 law protects wealth managers who report scams against seniors — but it can only help them if they're aware of it.

Even before the collapse of FTX, concerns about cryptocurrency and other risky investments were keeping regulators busy.

Scam artists are increasingly targeting elderly Americans for their retirement savings. But the warning signs can be obvious, if investors — or their advisors — know what to look for.

Seniors lose more than $3 billion each year in financial scams. A panel looked at how they can protect themselves, and how trustworthy advisors can help.

Jacob Glick is accused of breach of fiduciary duty and misappropriating client funds, among other alleged misconduct.

James Booth’s seven-year fraud bilked investors out of nearly $5 million.

After the client died at age 98, the advisor allegedly moved on to bilk another elderly investor, authorities say.