More than 7.3 million older Americans — one out of every five citizens over the age of 65 — already have been victimized by a financial swindle, according to a new survey.
The survey, by the nonprofit Investor Protection Trust and conducted by Infogroup/ORC, was released Tuesday to mark World Elder Abuse Awareness Day. The survey of 2,022 American adults — including 706 adult children with at least one parent aged 65 or older and 590 adults who are aged 65 or older and have children — found that half of older Americans exhibit one or more of the warning signs of current financial victimization. For example, more than one out of three seniors (37 percent) are currently being pitched by “people [who] are calling me or mailing me asking for money, lotteries, and other schemes,” while a much lower 19 percent of adult children believe that their parents are being pressured in such a fashion.
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