Digital Tools to Protect Older Adults From Financial Abuse

Digital Tools to Protect Older Adults From Financial Abuse – elderlawanswers.com
Older adults lose billions of dollars each year to financial abuse and exploitation. In 2025, adults aged 60 and older in the United States reported $2.4 billion in losses to the Federal Trade Commission (FTC), per CNBC. Because so many incidents go unreported, the FTC estimates that the actual cost of elder financial abuse and exploitation is likely much higher.