As elder fraud continues to escalate nationwide, the San Diego Seniors Community Foundation (SDSCF) is significantly expanding its Elder Fraud Prevention education efforts across San Diego County, Orange County, and Los Angeles County, supported by a transformational gift of more than $200,000 from the Wells Fargo Foundation.
Federal data shows that older adults lose billions of dollars each year to fraud, with losses and victim counts rising sharply as scams become more sophisticated, more targeted, and harder to detect. Investment scams, impersonation schemes, and technology-driven fraud now account for the largest financial losses among older adults.
With support from the Wells Fargo Foundation, SDSCF has delivered dozens of in-person and virtual elder fraud prevention events, reaching thousands of seniors, caregivers, and families throughout Southern California. This expanded funding enables SDSCF to deepen its reach, expand into new communities, and increase the frequency of education-based prevention programming…