Several state agencies are teaming up for World Elder Abuse Awareness Day next week.
World Elder Abuse Awareness Day is on June 17th, and the DACTP, Department of Financial Institutions, Department of Health Services, and Department of Justice are looking to raise awareness of how older consumers and investors are exploited by bad actors – and how they can stay protected.
Every year, older consumers report losing billions of dollars to scams and fraud.
Seniors continue to lose more money to scams and fraud than younger consumers.
They are targeted because of cultural stereotypes that assume older adults are more likely to have accrued wealth, be comfortable speaking to strangers, be less familiar with emerging technologies, be prone to confusion due to medication or illness, and be isolated from their friends, family, and community.
Any individuals who suspect they are a victim or know someone who might be a victim of elder abuse are encouraged to learn more about the signs and make a report at ReportElderAbuseWI.org or by calling 1-833-586-0107.
