ArticleThe journals of gerontology. Series B, Psychological sciences and social sciences2020
Financial Fraud Among Older Americans: Evidence and Implications.
Article in The journals of gerontology. Series B, Psychological sciences and social sciences, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. It is linked to trial NCT07628686 (EMBRACE - From Vulnerable to Empowered), which is not on this map. Cited by 15 papers.
What it found
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The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
EMBRACE - From Vulnerable to Empowered: Implementation and Evaluation of a Multicomponent Program to Tackling Age-related Decline
Who cites it
15 citing papers in PubMed.
- PROTOCOL: Financial Literacy Programmes for the Ageing Population: An Evidence and Gap Map.Campbell systematic reviews · 2026Article
- Examining persistent inequities in financial complaint resolution for older Americans and veterans in the United States.PNAS nexus · 2026Article
- Multilevel risk factors for financial fraud in later life: evidence from China.Innovation in aging · 2026Article
- The Scammers' Psychological Warfare: A Call to Arms.Psychological science in the public interest : a journal of the American Psychological Society · 2025Article
- Multimodal anti fraud education improves cognitive emotional and behavioral engagement in older adults.Scientific reports · 2025Article
- Transforming aged care in China: insights from a TF-IDF-based data mining analysis of national policies (2018-2022).BMC geriatrics · 2025Article
- Understanding the cognitive factors which contribute to individual differences in financial capacity in aging.Scientific reports · 2025Article
- Extended editorial: preventing fraud and cybercrime in an ageing society.Security journal · 2025Article
- The financial consequences of undiagnosed memory disorders.Journal of financial economics · 2024Article
- A Microsimulation of Well-Being and Literacy Interventions to Reduce Scam Susceptibility in Older Adults.Journal of applied gerontology : the official journal of the Southern Gerontological Society · 2023Article
- Vulnerability of Older Adults to Government Impersonation Scams.JAMA network open · 2023Article
- What Can Economics Say about Alzheimer's Disease?Journal of economic literature · 2023Article
- Childhood socioeconomic status interacts with cognitive function to impact scam susceptibility among community-dwelling older adults.Aging & mental health · 2023Article
- A Pilot Intervention to Prevent Financial Exploitation.Clinical gerontologistArticle
- A Scoping Review and Conceptual Framework Examining the Role of Sleep Disturbance in Financial Exploitation in Older Adults.Gerontology & geriatric medicineArticle
Corrections and comments
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Authors and funding
4 authors.
Funding
Abstract
objectivesThe consequences of poor financial capability at older ages are serious and include making mistakes with credit, spending retirement assets too quickly, and being defrauded by financial predators. Because older persons are at or past the peak of their wealth accumulation, they are often the targets of fraud.
methodsOur project analyzes a module we developed and fielded on people aged 50 an older years in the 2016 Health and Retirement Study (HRS). Using this data set, we evaluated the incidence and prospective risk factors (measured in 2010) for investment fraud and prize/lottery fraud using logistic regression (N = 1,220).
resultsRelatively few HRS respondents mentioned any single form of fraud over the prior 5 years, but 5.0% reported at least one form of investment fraud and 4.4% recounted prize/lottery fraud. Greater wealth (nonhousing) was associated with investment fraud, whereas lower housing wealth and symptoms of depression were associated with prize/lottery fraud. Hispanics were significantly less likely to report either type of fraud. Other suspected risk factors-low social integration and financial literacy-were not significant. DISCUSSION: Fraud is a complex phenomenon and no single factor uniquely predicts victimization across different types, even within the category of investment fraud. Prevention programs should educate consumers about various types of fraud and increase awareness among financial services professionals.
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