Financial fraud among older Americans: evidence and implications
Marguerite DeLiema and colleagues analysed 1,220 Americans aged 50 and over from the Health and Retirement Study. About 5 per cent reported investment fraud and about 4 per cent prize or lottery fraud. Greater non-housing wealth was associated with investment fraud; low social integration and financial literacy were not significantly associated.
Marguerite DeLiema and colleagues analysed 1,220 Americans aged 50 and over from the Health and Retirement Study. About 5 per cent reported investment fraud and about 4 per cent prize or lottery fraud. Greater non-housing wealth was associated with investment fraud; low social integration and financial literacy were not significantly associated.
Written from the abstract read 2026-10-11.
What our sources record
Reproduced as it was written when this source was checked, figures and all.
doi:10.1093/geronb/gby151. 1,220 adults aged 50 and over.