Elder fraud is not new; however, its scale and sophistication have increased significantly in recent years. Fraudsters are constantly developing new methods and mechanisms to exploit elders’ trust and vulnerability, resulting in devastating financial and emotional consequences.
In National Credit Awareness Month is held each March to educate the public about the importance of credit in our daily lives. This month, consumers are encouraged to review their credit reports, learn more about credit management, and take steps toward improving their credit scores.