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Seniors face higher risk of financial exploitation due to isolation

View Comments Rachel Carden serves as the director of investor education for the Securities Division of the Tennessee Department of Commerce and Insurance. Ahead of National Senior Fraud Awareness Day on Saturday, the Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division reminds Tennesseans that social isolation, whether voluntary or involuntary, has a direct contribution to the financial exploitation of older investors. While financial abuse can happen at any time, perpetrators often strike during times in a senior’s life when they may be more vulnerable, such as during a health crisis or after the death of a loved one.

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