June 2022: Financial Abuse is the most common form of abuse, much of which is through personal relationships often leveraged to perpetrate investment fraud. To gain the trust of an older adult, a fraudster will often offer help or become a close friend. Learn more about the ‘trust trap’ and other investment fraud warning signs and how the ongoing COVID-19 pandemic has impacted the way older adults manage their finances. Help protect yourself and your loved ones from investment fraud; both the Better Business Bureau and BC Securities Commission have great videos and articles to help recognize and protect older adults, who are targeted because of their accumulated savings, property, investments and pensions.
by Heidi Pullem | Jul 25, 2022 | Tips