Fear of fraud amongst older adults: a hidden epidemic?

This paper explores older adults who are largely over 75 and their experience of fraud, based upon research with the clients of a UK charity working with this age group. The researchers used a postal questionnaire yielding almost 2000 responses, supplemented with interviews with clients and key staff. The research found higher rates of fraud victimisation than national rates for this age group as well regular attempted frauds, largely through the telephone. The experience of fraud and attempted fraud has a devastating impact on some of the lives of older adults, causing fear, anxiety, and related issues, which affects their quality of life. This is the first study to illustrate that fear of fraud is a major problem amongst older adults, particularly females living alone.