Financial fraud perpetrated against the elderly is on the rise, according to a new survey of CPA financial planners.

The poll, released Tuesday by the American Institute of CPAs, found that 47% of CPA financial planners have seen an increase in elder fraud or abuse in the past five years. The AICPA surveyed 266 CPAs from May 5 to 27 for its AICPA PFP Trends Survey.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access