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Garfield Senior Summit Will Focus On Investment Fraud

This year’s event focuses on elder investment fraud, one of the fastest-growing crimes of its type in the U.S.
This year’s event focuses on elder investment fraud, one of the fastest-growing crimes of its type in the U.S. Photo Credit: Wikipedia

GARFIELD, N.J. -- The New Jersey Bureau of Securities is hosting its annual Safe Investing Summit at the Garfield Senior Center on Thursday, Oct. 8.

This year’s event focuses on elder investment fraud, one of the fastest-growing crimes of its type in the U.S.

"State securities regulators, such as the New Jersey Bureau of Securities, report that approximately one-third of all investment scams involve senior citizens," acting state Attorney General John J. Hoffman said. "Approximately one in five American, 65 or older have been victimized by financial fraud."

Representatives from the New Jersey Bureau of Securities. U.S. Commodity Futures Trading Commission, the Securities and Exchange Commission and the American Association of Retired Persons will present information to an audience of senior citizens, caregivers and family members in order to help attendees identify and avoid potential scams.

In addition, there will be a number of information booths where attendees can ask questions and obtain important information regarding how to protect their financial future.

WHAT: 2015 Safe Investing Elder Fraud Summit WHEN: 8:30 a.m. -- 11 a.m., Thurs., Oct. 8 WHERE: Garfield Senior Center, 460 Midland Avenue, Garfield

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