Crime Stoppers Crime of the Week: Senior financial fraud

May 15, 2017
Fredericton, New Brunswick

News release

Crime Stoppers and the Financial and Consumer Services Commission (FCNB) are addressing a very serious issue: financial abuse and exploitation of older New Brunswickers. This type of abuse is especially harmful because seniors are more likely to rely on investment income to provide for their day-to-day expenses. Financial abuse and exploitation of seniors is also a largely under-reported crime.

Seventy-seven per cent of suspected senior financial abuse went unreported last year. People may not report financial abuse because they are embarrassed, afraid of what might happen, have fear of retaliation, loyalty to their family, or a hope to get their money back.

FCNB has resources to help you recognize the signs of senior financial fraud or exploitation. Visit www.fcnb.ca to learn more.

If you, or someone you know is a victim of financial abuse, and would like to report your concerns but wish to remain anonymous, please contact Crime Stoppers by calling 1-800-222-TIPS (8477), texting TIP212 + your message to 'CRIMES' (274637), or by Secure Web Tips at www.crimenb.ca. Crime Stoppers will pay up to $2,000 for information leading to an arrest.

This Crime of the Week can be viewed on http://www.youtube.com/watch?v=4jz1oeCOKAE&feature=youtu.be

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Contact information

N.B. Crime Stoppers Inc.
506-452-4105

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