N.Y. to launch tool in 2026 to curtail elderly scam victims

The head of the State Office for the Aging told lawmakers Tuesday a new tool that will launch in 2026 will help reverse an uptick in the number of older adults who fall prey to financial exploitation.

The financial exploitation of New Yorkers over age 60 is a rising issue that state lawmakers want to address next session as more seniors are victimized by common scams including fake charities, caretaker fraud, romance scams or financial abuse by professionals or people pretending to be a government official.

In January, the state will launch a partnership with SilverShield where older adults will be able to send a text, email or information about a suspicious call to get advice about whether it’s a scam or not…

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