Our senior citizens are often the most vulnerable to identity theft, which can damage reputations and wipe out life savings in an instant. A Met Life Mature Market Institute review of Senior Identity Theft estimates that elderly victims lose $2.9 billion annually to fraud.
The number of seniors in abusive, and even life-threatening, situations will only get worse as our population ages. The time is now to build the infrastructure to support their needs and provide a safe place for them to call home.
I learned too late (shortly after my 90-year-old mother's death) that my parents were the victims of elder exploitation. The pain of living through the wreckage this perpetrator has left in his wake is sometimes all but unbearable.