(Click on the image for Michelle Singletary's report in The Washington Post)
- More than two-thirds of caretakers reported that a scammer had targeted their elderly relatives, according to a new survey of more than 1,700 people conducted by the Cooperative Credit Union Association (CCUA), a New England-based trade group.
- The survey found that, most often, the attempted fraud was initiated with a telephone call. Nearly 22 percent of scam attempts were made via email or another online contact.
- The CCUA also found that caregivers are worried about their elder relative’s ability to spot a fraud. And they’re right to be concerned. More than a quarter of respondents said that the elders under their care had fallen victim to at least one financial scam.