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Such was the case with a recent scam that occurred in Peachtree City, Georgia, during which an elderly couple was scammed out of $835,000 over a three-month period, Fox 5 Atlanta reported.
Aug. 11—American Senior Communities, L.L.C. (ASC), a provider of skilled nursing and long-term care services throughout Indiana, has agreed to pay $5,591,044.66 to resolve allegations that it ...
Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
He operated under the name Financial Advisory Consultants from Lake Forest, California. [57] In October 2006, in Malaysia, two prominent members of society and several others were held for running an alleged scam, known as SwissCash or Swiss Mutual Fund (1948). SwissCash offered returns of up to 300% within a 15-month investment period.
Although the total number of retirement communities continues to increase as the elderly population continues similar growth, certain places, cities, and locations are considered higher rated than others. A number of publishers have created lists of the 100 best retirement communities or "100 best places (or towns) to retire". [50]
Atria Management Company, LLC (AMC) is a subsidiary of Atria Senior Living, Inc. (ASL). [1] Atria Management Company manages independent living, assisted living, and memory care communities in more than 200 locations in 38 U.S. states. In Canada, Atria manages 29 independent living communities in seven Canadian provinces.
The scammer begs the targeted senior not to tell the grandchild's parents and to wire money to a bail bondsman. ... all fall into this category. In the 419 scam, a foreign national (often a ...
Older adults have lost billions to scam artists who use phones and computers to break, enter and steal. Thefts targeting seniors are big business. Column: They each lost almost $80,000.