Elder Fraud Report: Brazil and Peru

1 in 5 Brazilian, Peruvian Elder Fraud Victims Received No Help After a Scam. How Can Your Bank Help?

Scammers are aggressively targeting our older loved ones. New research from Feedzai based on input from 508 elder fraud victims from Brazil and Peru reveals the scope of the elder fraud threat.

Elder fraud can cause serious financial harm to victims. In Brazil, 24% of elder fraud victims lost between R$5,001 and R$50,000 to scams; 18% of Peruvian customers lost between S/3,801 and S/38,000 to scams. But elder fraud is about more than financial losses. These scams also inflict deep mental and emotional scars on victims.

Download the Elder Fraud Report: LATAM to learn more industry findings, including:

  • 31% of respondents lost money to an investment scam
  • 38% of respondents felt angry after getting scammed, while 22% felt ashamed
  • 21% of victims did not receive any help from their bank, family, or law enforcement

Get your complimentary copy and dive into this critical social conversation on how to protect our elderly loved ones.

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