FINRA Rule 2165: Protecting Seniors by Freezing Assets
![hands-of-young-adults-and-older-women-on-a-light-background-adult-age-aged-aging-background-care](https://mdf-law.com/wp-content/uploads/2021/11/hands-of-young-adults-and-older-women-on-a-light-background-adult-age-aged-aging-background-care_t20_N00aVE-1024x683.jpg)
In 2018, FINRA adopted FINRA Rule 2165 to combat extremely high incidences of elder financial abuse. In 2020, Elder Fraud claimed over 100,000 victims, summing up to losses of nearly $1 billion. According to a report by the Internet Crime Complaint Center (IC3), the 60+ demographic was hit the hardest, both in the number of […]
Elder Fraud Attorney: Did You Lose Money?
![senior-woman-computer-laptop-bill-financial-money-older-paper-business-online-home-document-aged](https://mdf-law.com/wp-content/uploads/2021/11/senior-woman-computer-laptop-bill-financial-money-older-paper-business-online-home-document-aged_t20_e9lg6b-1024x683.jpg)
An elder fraud attorney helps senior citizens and those who are over 65 years old. These fraud attorneys have been busy in 2021 because of the rise in online scams – costing senior citizens $3 billion in losses according to the FBI. Online fraudsters specifically target elderly people for their financial crimes, not only because […]