Texas State Securities Board Warns Fraudsters Targeting Seniors Will Face Enforcement Action
· Texas Border Business
The Texas State Securities Board (TSSB) has issued a warning about the rising threat of financial exploitation targeting senior citizens. In recognition of World Elder Abuse Awareness Day, the TSSB highlighted that fraudsters are increasingly using investment scams, impersonation fraud, and other deceptive practices to steal retirement savings from older Texans. The agency urges seniors and their families to remain vigilant, report suspicious activities, and consult trusted advisors before making investment decisions. TSSB emphasizes that early reporting can help prevent further losses and increase the chances of asset recovery. For assistance, seniors can contact the TSSB’s Enforcement Division at (512) 305-8300.
AI summary · Source: Texas Border Business →
