Elder financial abuse, exploitation, and elder fraud is one of the largest growing threats in the lives of Seniors. Seniors are tempting targets, and many of the elderly have significant savings and wealth. A generation brought up to be polite and taught to be trusting are people that make easy prey. Add in mild cognitive impairment, neurodegenerative conditions, Parkinson’s disease, dementia or Alzheimer’s disease, and Seniors become even more susceptible to swindling, fraud, exploitation, and elder financial abuse. There are many resources available to help elderly victims of investment fraud and financial exploitation when they become victims, but not very much information on how to prevent it in the first place!A recent American Bar Association survey stated that 9 out of 10 attorneys believe that elder investment fraud and financial exploitation is a serious problem. One study estimates that 20% of older Americans have been victimized by investment fraud and financial exploitation. Another study from MetLife Mature Market Institute states that 51% of all instances of financial abuse of the elderly are crimes committed by strangers, and 34% are committed by family, friends or acquaintances.Retaining a insured, experienced, bookkeeping firm to professionally handle your or your loved ones assets is the smart choice to prevent financial fraud and insure accountability. MatchBooks is available for consultation and to answer your questions and address your concnerns.