Column: Watchdogs step up U.S. fight against elder financial fraud

June 1, 2017 By Mark Miller CHICAGO (Reuters) – Thieves follow the money, and wealth accumulates as we age. But the aging brain is not always well-suited to financial decision-making – and that creates opportunity for financial fraud and abuse targeting the elderly. “It’s a perfect storm,” said Elizabeth Loewy, general counsel for Eversafe, a technology firm that monitors customers’ bank and investment accounts, credit cards and credit reports for potential fraud and abuse. Loewy has been in the frontlines of the fight against elder financial fraud and abuse for…

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