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A new bill has been introduced to address financial fraud targeting older Americans, following reports of nearly $2.4 billion in losses due to financial abuse in 2024, according to the Federal Trade Commission. The legislation aims to enhance protections for this vulnerable demographic.
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A new bill has been introduced to address financial fraud targeting older Americans, following reports of nearly $2.4 billion in losses due to financial abuse in 2024, according to the Federal Trade Commission. The legislation aims to enhance protections for this vulnerable demographic.
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This new bill hopes to 'put the brakes' on financial fraud targeting older Americans
New bill aims to address financial fraud against older Americans