Tuesday, February 07, 2006
Financial scams expected to boom as boomers age
As the first of 79 million baby boomers turn 60 this year, free-this and free-that financial seminars are thriving. Community centers and hotels have become a backdrop for what regulators see as aggressive sales pitches geared to seniors.
While people 60 and older make up 15% of the U.S. population, they account for about 30% of fraud victims, estimates Consumer Action, a consumer-advocacy group.
Financial scams expected to boom as boomers age
Source: USA Today
While people 60 and older make up 15% of the U.S. population, they account for about 30% of fraud victims, estimates Consumer Action, a consumer-advocacy group.
Financial scams expected to boom as boomers age
Source: USA Today
Permalink posted by armandn @ 11:43 AM 
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