The Consumer Financial Protection Bureau released a report about key facts, trends, and patterns related to elder financial exploitation. This first-ever public analysis provides a chance to better understand elder fraud and to find ways to improve prevention and response.
If you believe that you or someone you know is a victim of financial exploitation, contact your local adult protective services (APS) agency. You can find out how to reach your APS office from the Eldercare Locator at eldercare.acl.gov or by calling 1-800-677-1116. Report scams or fraud to the Federal Trade Commission at ftc.gov/complaint .