PA launches new team to investigate financial exploitation of seniors – Erie News Now

“Elder abuse is a problem that has grown over the years in Pennsylvania, and one of the fastest growing types of elder abuse has been financial exploitation. There are many faces to financial exploitation perpetrators and unfortunately, many of them are faces that seniors know and trust,” said Secretary of Aging Robert Torres. “A trusted person may be well positioned to commit crimes such as theft of property, misappropriation of income or assets, or misuse of a power of attorney. Then there are threats from strangers: scams of many kinds, such as medical emergencies, contractors, grandchild imposters, Social Security or IRS, fake charities, gift card scams, pension poaching and more,” Torres added.


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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!