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.
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