A FINRA arbitration panel sided with a claimant who contended Wells and one of its advisors should have recognized telltale signs of elder fraud when their client decided to give away tens of ...

Elder fraud losses surged by 391.9% from 2017 to 2021, reaching $1.685 billion. Confidence/romance scams caused the highest losses in elder fraud, totaling $432 million. Tech support scams ...