Elder fraud is an act targeting older adults in which attempts are made to deceive with promises of goods, services, or financial benefits that do not exist, were never intended to be provided, or were misrepresented. Financial exploitation is the illegal or improper use of an older adult's funds or property.
In addition to the resources listed below, please visit the Department of Justice's Elder Justice website, which contains information for victims, their families, practitioners, law enforcement agencies and prosecutors and researchers.
Protecting Elders from Financial Exploitation
From the Office for Victims of Crime, this video is a government sponsored PSA on financial exploitation.
National Council on Aging (NCOA)This webpage provides 22 tips that can help you steer clear of scams and swindles and stay safe.
National Association of Area Agencies on Aging (N4A)Find AAAs/Title VI agencies in your state.
This brochure is produced by the Elder Investment Fraud and Financial Exploitation (EIFFE) prevention program, sponsored by Investor Protection Trust, a nonprofit investment and education organization.
Eldercare Locator or call 1-800-677-1116 weekdays
Administration on AgingThe Eldercare Locator is a public service of the U.S. Administration on Aging connecting you to services for older adults and their families.
Certified Financial Planner Board of Standards, Inc.This guide describes the most common real-life situations in which older Americans are vulnerable to financial abuse by a financial advisor, and provides advice for seniors and their families for guarding against such abuse, including ways to report it to proper authorities.
Consumer Financial Protection BureauThe Consumer Financial Protection Bureau has released four guides to help individuals who are managing someone else’s money. Guides are available for powers of attorney, court-appointed guardians, trustees, and government fiduciaries (e.g., representative payees).
Federal Deposit Insurance CorporationCurriculum with resource guide to raise awareness among older adults and on how to prevent elder financial exploitation.
- Money Smart for Older Adults Participant/Resource Guide
- Money Smart for Older Adults Training Curriculum
National Center on Elder Abuse (Administration on Aging)State reporting numbers, government agencies, state laws, state-specific data and statistics, and other resources. Click on the state or territory to see directory listing.
US Administration on AgingProtect Your Pocketbook is a government-funded document with financial exploitation protection tips.
Women's Institute for a Secure Retirement (WISER)Find information on fraudulent scams and con games.
Women's Institute for a Secure RetirementProtecting Your Mother from Financial Fraud and Abuse provides tips and information for family members to prevent and identify financial exploitation.
USA.govFind government resources for seniors on money, housing, health, consumer protection, and more.
National Council on Aging (NCOA)Tips from NCOA on how to protect yourself or an older adult you know from scams.
National Coalition on Aging (NCOA)NCOA, a nonprofit service and advocacy organization for older adults, publicizes the top 10 scams targeting seniors.
Use Your Home to Stay at Home: The Official Reverse Mortgage Consumer Booklet Approved by the U.S. Department of Housing & Urban Development
National Council on Aging and Housing and Urban DevelopmentA Housing and Urban Development (HUD) reverse mortgage guide for seniors and disseminated by the National Council on Aging.
Federal Trade CommissionSign up for the National Do Not Call Registry, maintained by the Federal Trade Commission, to prevent telemarketers from calling (verification does require an email address).
Federal Trade CommissionGet your free annual credit report to keep track of your credit score and check for suspicious activity.
US Administration on AgingThe National Center on Elder Abuse website is funded by the Administration on Aging and contains information and resources on elder abuse generally, and financial exploitation specifically.
Federal Bureau of InvestigationThis FBI-produced website describes several reverse mortgage scams targeted at senior citizens.
BITS Financial Services Roundtable (April 2010)BITS Financial Services Roundtable created this document for vulnerable seniors to prevent financial fraud.
Center for Problem-Oriented PolicingThe Center for Problem-Oriented Policing, funded by the COPS Office (US Department of Justice), describes what is known about financial exploitation.