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Next Defense Against Boomer, Elderly Fraud Involves Medical Staff

As if it weren't enough that some baby boomers are adjusting to not being able to retire when they would like to, many of them are now dealing with con artists targeting them for all kinds of fraudulent schemes.

By Michelle A. Samaad | Updated on July 06, 2010

As if it weren’t enough that some baby boomers are adjusting to not being able to retire when they would like to, many of them are now dealing with con artists targeting them for all kinds of fraudulent schemes.

More than 7.3 million Americans older than 65 have been financially swindled, according to a June survey from the Investor Protection Trust, a nonprofit organization devoted to investor education. The problem has become so pervasive that state securities regulators recently teamed up on a number of fronts to stop thieves in their tracks.

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