Financial Fraud

Protecting Yourself Against Cyberattacks

How vulnerable is your data?

Provided by Eddy H. Shum, CFP®, PFS, MBA, CLU, RFC®

25% of Americans were cyberhacked between March 2014 and March 2015. The American Institute of CPAs announced that alarming discovery in April, publishing the results of a survey conducted by Harris Poll. Disturbing? Certainly, but the instances of pre-retirees being victimized were even greater – 34% of adults aged 55-64 reported having their data stolen or compromised within that period.1

Saving Your Elderly Parents from Financial Fraud

Saving Your Elderly Parents from Financial Fraud

Talk to them about their money (and those who could take it away).

Provided by Eddy H. Shum, CFP®, PFS, MBA, CLU, RFC®

Elders are financially defrauded daily in this country. Just a tiny percentage of these crimes are made public. In fact, the National Adult Protective Services Association (NAPSA) estimates that only 1 in 44 cases of elder financial abuse are reported. A recent NAPSA study found that 11% of seniors had been financially “abused, neglected or exploited” within the past year.1

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