Emotional Stress of Elder Fraud Outweighs Financial Impact: AICPA Survey
March 05, 2020
March 05, 2020
NEW YORK, March 5 -- The American Institute of Certified Public Accountants issued the following news release:
A new survey from the American Institute of CPAs (AICPA) found that falling victim to fraud is much more likely to have a substantial emotional impact (68 percent) on the elderly than a substantial financial impact (32 percent). And phone and internet scams top the list of ways financial fraud is perpetrated against the elderly. This according to the AICPAs Personal Financi . . .
A new survey from the American Institute of CPAs (AICPA) found that falling victim to fraud is much more likely to have a substantial emotional impact (68 percent) on the elderly than a substantial financial impact (32 percent). And phone and internet scams top the list of ways financial fraud is perpetrated against the elderly. This according to the AICPAs Personal Financi . . .