A senior aged couple looking at their bills online

Recognizing Fraud

May 25, 2023

Dana and Brad discuss a few different forms of elder fraud as well as some of the ins and outs of Social Security.

 

 

  • Be aware that scams targeting the elderly are becoming more advanced. In 2022, $3.1 Billion was reported in losses. That is an 84 percent increase in losses from 2021
  • You may be subject to penalties if you are taking Social Security and are still making money from working, up until your Full Retirement Age

*Federal Bureau of Investigation (2023). “Elder Fraud Report 2022.”

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