Category : Search result: elderly financial crisis


Lloyds Manager Jailed for £2.4m Elderly Fraud

A former Lloyds Bank manager from Derby has been sentenced to prison after orchestrating a sophisticated fraud, stealing £2.4 million from elderly and vulnerable customers over a seven-year period.

88-Yr-Old Fears Losing Home in Council Tax Battle

An 88-year-old grandmother faces financial ruin and the terrifying prospect of eviction from her home after her council tax support was abruptly stopped. Her desperate plea highlights a growing crisis for elderly residents across the UK.

FCA warns of rising financial scams in UK

The Financial Conduct Authority (FCA) has issued a stark warning about increasing financial scams targeting UK consumers. Learn how to spot and avoid these fraudulent schemes.

Better lighting cuts elderly fall risks

New research reveals that improved lighting in homes can significantly reduce the risk of falls among older adults, offering a simple yet effective solution to a major health concern.

FCA cracks down on misleading financial promotions

The Financial Conduct Authority (FCA) has issued new warnings to financial firms over misleading promotions, with 450 alerts issued in just three months. Learn how this affects consumers and firms.

Son abandons elderly dad, steals life savings

A 73-year-old man was left devastated after his own son abandoned him at a hospital and stole his entire life savings. The shocking incident has sparked outrage and calls for justice.

Elderly Brits left behind in digital age

A staggering number of elderly Britons are struggling to access essential services due to a lack of internet and smartphone access. Discover the impact of digital exclusion on older generations.

Ponzi gang jailed for £16m elderly scam

A ruthless gang that preyed on elderly victims, scamming them out of £16 million in a sophisticated Ponzi scheme, has been jailed. Read how justice was served.

Banned Adviser Misled Retirees to Invest in Guardian Super

A banned financial adviser in Australia convinced retirees to invest their life savings in Guardian Super, likening himself to a 'personal trainer' for finances. The scandal has raised serious concerns about financial advice regulations.

Money Dysmorphia: The Hidden Financial Crisis

A growing number of young adults are struggling with 'money dysmorphia', a psychological condition leading to overspending and financial insecurity. Experts reveal the causes and solutions.

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