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Scams targeting seniors have more than doubled since 2020
InvestigateTV - Senior citizens have long been the target of scammers, but according to the AARP, the rate of elder financial exploitation has more than doubled since 2020.
Director of the AARP’s Bank Safe program Jilenne Gunther authored a report on elderly financial exploitation and the ways in which they were swindled.
Gunther attributed the rise in senior scams in part to the pandemic. She said the social isolation and increased dependency on online shopping created opportunities fraudsters could not resist.