How Can You Help Protect Your Parents From Identity Theft?
Identity theft is a growing problem in the U.S. According to the Federal Trade Commission (FTC), there were 371,061 cases of identity theft reported in 2017. The most common type of identity theft was credit card fraud, making up about one-third of the identity theft cases with 133,015 cases reported in the U.S. The elderly are frequently victims of these crimes. They are often viewed as the perfect victims because they usually have substantial money saved for retirement and good credit scores. In addition, some aging Americans may not have as much internet savvy, so they could fall victim to ... [ CONTINUE READING ARTICLE ]