Financial fraud is the fastest growing form of elder abuse.
Seniors make especially easy targets in that they a lifetime of assets and tend to be trusting by nature. Even after the fraud they are often too embarrassed to admit that they have fallen victim to a scam or feel conflicted over wanting to protect the guilty party. Sometimes the senior is so isolated that they just cannot bring themselves to speak out. Law enforcement and government officials estimate that only 1 in 25 cases of financial fraud even get reported.
Even among the general public, each week brings calls about new scams and frauds.