1/21/2016 – Tap-and-go card boom leaves elderly at greater risk of ‘family fraud’

Jan 21, 2016 Comments Off by

A boom in the use of contactless cards is making elderly cardholders the victims of fraud as family and friends prey on their lack of digital knowhow, a charity has warned.

As tap-and-go cards have grown in popularity Action on Elderly Abuse, a helpline for older crime and abuse victims, has experienced a spike in calls about small, regular amounts of money being stolen by friends or family who can easily access the cards.

Read the full article at The Telegraph.

Financial Security 2016, Longevity News 2016

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