Each year elderly seniors fall prey to ruthless schemes that rob them of their money and identity. According to the Federal Bureau of Investigation (FBI), In 2021, there were over 92,000 older victims of fraud resulting in $1.7 billion in losses. The sad part is that it is often a result of a senior’s trusting nature or feelings of isolation and loneliness; or in some cases, a senior may have cognitive issues that impair their judgement and decision-making skills. Experts explain there are several reasons why seniors are more susceptible to fraudulent schemes starting with the fact they tend to be very trusting. Our elderly population was typically raised to be polite and agreeable to others, which in turn can make them more susceptible to fraud. Lonely seniors can easily be preyed upon as they are willing to stay on the phone and engage in conversation with a stranger. The National Council on Aging (NCOA) alerts the public to scams targeting seniors so if you have a parent or other ...