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Understanding Safety Planning For Financial Elder Abuse

Understanding Safety Planning For Financial Elder Abuse

Before discussing any type of safety planning for financial elder abuse, we must first make everyone aware of what is meant by "financial elder abuse", and how prevalent elder abuse is in the United States. Only then can we begin to explore any type of safety planning to try to…

Understanding Investment And Fraud Threats During COVID-19

Understanding Investment And Fraud Threats During COVID-19

Leave it to imaginative frauds and scammers to come up with a plan through which to bilk people out of their hard-earned money – and during one of the most distressing occurrences to take place in the United States in a long time. Investment and fraud threats are running rampant…

Top Tips To Protect Your Money And Avoid Fraud

Top Tips To Protect Your Money And Avoid Fraud

Today, to avoid fraud, one must be super vigilant! Robo phone calls or calls from nefarious individuals frequently ask for return phone calls. They then manage to acquire personal information, money, or both from unsuspecting victims. This happens each and every day. Mail and email scams are not at all…

Importance Of Raising Awareness Of Elderly Financial Exploitation

Importance Of Raising Awareness Of Elderly Financial Exploitation

Before we can stress the importance of raising any kind of awareness where elderly financial exploitation is concerned, we must first enlighten those not familiar with what is meant by the words "financial elder abuse". After that, we can talk about heightening awareness regarding the topic. We’ll then offer assistance…

A Quick Guide To Understanding Breaches Of Fiduciary Duty

A Quick Guide To Understanding Breaches Of Fiduciary Duty

Breaches of fiduciary duty occur when someone or a group fails in their duty to act in the best interests of someone else (or group) specifically. As an example, a breach of fiduciary duty may have been performed if a member of a Board fails to uphold their duty to…

A Guide To Ponzi And Pyramid Schemes

A Guide To Ponzi And Pyramid Schemes

Ponzi and pyramid schemes may seem like they are one and the same, but they are not. Granted, in both types of schemes, through new investor contributions, existing investors are compensated, there are definite differences between them. With a pyramid scheme, by recruiting new participants, existing participants are earning money.…

7 Essential Tips To Prevent Investor Fraud

7 Essential Tips To Prevent Investor Fraud

In America, investor fraud is a serious issue. Approximately one in 10 investors, according to conservative estimates, at some point in their lives will be a victim of investment fraud. Currently, these are the most common types of fraud: Internet fraudVoter fraudStolen tax refundsBank account takeoverCredit card and debit card…

5 Ways To Prevent Financial Elder Abuse

5 Ways To Prevent Financial Elder Abuse

America's elderly are encouraged to build a safety net, of sorts, against financial abuse. This is essential on an individual basis, even though – to attempt to protect seniors and prevent financial elder abuse – regulators are stepping up their efforts. Is elder financial abuse really that big of a…