Office of Financial Protection for Older Americans
Financial Elder Abuse Expected to Rise in the Coming Years
In a story closely followed by Orlando elder abuse attorneys, a meeting of elder financial abuse experts recently convened in Miami to discuss ways to combat a surge in financial fraud of the elderly. The group included a federal consumer activist, a professor of elder law, and representatives from the State Attorney’s Office, the AARP and other organizations. They said that Florida ranks first in the country for reports of financial fraud of the elderly and that number is expected to surge in the coming years as more and more Floridians retire.