Pandemic-Induced Uptick in Financial Exploitation May be Here to Stay

WASHINGTON, Oct. 4, 2022 /PRNewswire/ -- The rate of financial exploitation targeting older adults has more than doubled since the start of the COVID-19 pandemic, according to a new report from AARP. In the report, experts identify how the pandemic created new trends in financial exploitation—some of which are likely here to stay. The report also offers guidance on how the financial industry can combat future losses for millions of older Americans.