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Fake Experts Fool Seniors

Elderly cheated by 'certified' advisers whose shady offerings make millions

By J. Kelman, Newser User

Posted Jul 8, 2007 9:27 AM CDT

(Newser) – Elderly Americans are being duped out of millions by financial advisers with trumped-up credentials, the New York Times reports. Over 39,000 "certified senior advisers" have been rubber stamped by pay-for-service courses in the last decade, and they're selling popular—but unnecessary—financial products... Read full story »

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Fake Experts Fool Seniors

Elderly cheated by 'certified' advisers whose shady offerings make millions

elderly • insurance companies • certified senior advisers • financial planning • scam • senior citizens

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More Newser Stories

Despite Recession, More Older Americans Employed

In part because they have to be

94-Year-Old Beaten to Death in Nursing Home

By his 81-year-old roommate

Depression Doubles Risk of Dementia

But doctors aren't sure why

Can a Robot Seal Really Take Care of Grandma?

Paro raises ethical concerns

Queens Granny Opens Fire on Jazzman's Wife

81-year-old snaps over noise coming from Palmieri apartment

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