![](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_5-scaled-640x412.jpg.webp)
The Rise of Financial Fraud
The brief’s key findings are:
- Financial fraud complaints by consumers have surged over the past decade, fueled by the rise of Internet-based scams.
- This trend will likely continue as scammers target aging baby boomers, who have substantial assets and face cognitive decline.
- Consumers can help protect themselves by recognizing standard fraud strategies and the disguises used by scammers.