There's no doubt the baby boom retirement wave has created a tremendous opportunity for financial advisors. But those with less noble goals also see an opportunity, and they're putting financial advisors squarely in the crosshairs.

According to a recent study by Metlife, elder fraud is now an almost $3 billion per year problem which -- according to Pat Huddleston, a former SEC Enforcement Branch Chief and CEO of Investor's Watchdog -- is being compounded in the aftermath of 2008's economic downturn.

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