"Blame & Shame in Financial Fraud" with Kathy Stokes, AARP (Awareness Group Meet-up)

Kathy Stokes, Director of Fraud Prevention Programs at AARP will present at GASA's 4th Awareness Group Meeting on 20th June. 

Fraud criminals steal billions of dollars from US consumers every year. The impact is too often financially and emotionally devastating, especially for older adults who are at a time in their lives when they are least able to recover financially.

Magnifying their devastation is something that victims of other crimes don’t typically experience: shame. We blame when we ask how they got "duped," or how much money they "gave" the scammer. Even victims ― when they aren't too ashamed to discuss their experience ― blame themselves for "falling for it."

This presentation builds on a paper published in June 2022 by AARP and the FINRA Investor Education, with H+M Strategies, entitled 'Blame and Shame in the Context of Financial Fraud: A Movement to Change Our Societal Response to Rampant and Growing Fraud.'