The Effects of Risky Behaviors and Social Factors on the Frequency of Fraud Victimization Among Known Victims

Target suitability factors such as loneliness, financial fragility, and risky financial preferences and behaviors are associated with a higher frequency of fraud victimization among older adults. Consumer education should include information on reducing risky behaviors that can increase fraud exposure. More frequent social engagement may not be protective. Older adults who are financially fragile and experiencing loneliness require more safeguards.

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Institutions

Publication Details

Journal
Innovation in Aging
Published
2024-12-30
DOI
https://doi.org/10.1093/geroni/igae111
Citations
7
Primary Topic
Cybercrime and Law Enforcement Studies
Type
article
Field-Weighted Citation Impact
5.45

Funders

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article

The Effects of Risky Behaviors and Social Factors on the Frequency of Fraud Victimization Among Known Victims

Lynn Langton, Marguerite DeLiema, M. Daniel Brannock, Siyu Gao
7 citations
Innovation in Aging
Cybercrime and Law Enforcement Studies
5.45
article

The Effects of Risky Behaviors and Social Factors on the Frequency of Fraud Victimization Among Known Victims

Lynn Langton, Marguerite DeLiema, M. Daniel Brannock, Siyu Gao
article en
7 citations

Abstract

Target suitability factors such as loneliness, financial fragility, and risky financial preferences and behaviors are associated with a higher frequency of fraud victimization among older adults. Consumer education should include information on reducing risky behaviors that can increase fraud exposure. More frequent social engagement may not be protective. Older adults who are financially fragile and experiencing loneliness require more safeguards.

Innovation in AgingVol. 9(2)
University of Minnesota (US), United States Department of Justice (US), International Justice Mission (US), RTI International (US)
U.S. Department of Justice, FINRA Investor Education Foundation, Office of Justice Programs, National Institute of Justice
Peace, Justice and strong institutions
Openalex Percentile: Top 4%
Cybercrime and Law Enforcement Studies
5.45
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