How to spot financial crimes against seniors

Source: Michelle Singletary - The Washington Post

Jacquelyn Atchley isn’t bitter. At least not anymore. But the 73-year-old retired Oklahoman certainly has the right to be angry. She lost $180,000 — all of her retirement savings — in a Ponzi scheme. A fellow Oklahoman, Brian McKye, defrauded 80 investors, many of them elderly, out of about $6 million, said Irving Faught, administrator of the Oklahoma Securities Commission.

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