Complaints Against Telemarketing Companies Allege Financial Elder Abuse and Telemarketing Scams In 2013, two of the most serious consumer complaints were elder abuse and telemarketing campaigns, with telemarketing scams often the root cause of many cases of financial elder abuse. A report by the Consumer Federation of America and the North American Consumer Protection Investigators asked 40 … [Read more...]
Report Uncovers Huge Problem of Financial Elder Abuse
October 23, 2013 By Leave a Comment
As More Seniors Move into Assisted Living and Nursing Homes, Financial Elder Abuse is On the Rise Although senior citizens have always been susceptible to financial elder abuse from family members or caregivers, as more elderly patients move into nursing homes, institutional financial elder abuse is becoming a much bigger problem. "These (residents) are vulnerable; the nursing home is supposed … [Read more...]
