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Banks are becoming bulwarks against scams for vulnerable seniors
Bank staff trained by AARP's BankSafe program stopped a $70,000 scam targeting a senior customer amid rising elder financial exploitation losses exceeding $28 billion annually, AARP said.
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4 Articles
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Banks Are Becoming Bulwarks Against Scams for Vulnerable Seniors
The first call came just before Thanksgiving last year. She didn’t recognize the phone number, but she answered anyway. “The person said he was an officer of the Department of Criminal Investigations looking into drug trafficking and money laundering,” the woman recalled. He seemed to know a lot about her: the states where she and her late husband had lived; his name and occupation; and her current address in Washington County, Rhode Island. On …
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Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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