Before you holler about those phone scammers who prey on the elderly, you might be surprised to hear who the real bad guys might be: Family caregivers. More than $6 billion a year is stolen from seniors by those close to them -- family caregivers and trusted advisors, reports TrueLink. Annually, TrueLink found, only 3 percent of seniors lose money to exploitation by a family member, but exploitation by family members represents approximately one fifth -- 20 percent -- of financial losses.

 

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