Savvy Senior: How to recognize and prevent elder financial abuse

Dear Savvy Senior,

Can you provide some tips on how to protect seniors from financial scams? My 76-year-old aunt was recently swindled out of $25,000 and I want to make sure my own mother is protected.

Concerned Daughter

Dear Concerned,

Financial scams that target the elderly continue to be a huge problem in the U.S. In fact, it’s estimated that one in five Americans over age 65 are scammed out of...