Almost any older individual can be vulnerable to financial abuse: that is, someone taking advantage of their relationship to steal money, property, or belongings. If you have elderly parents, relatives, or people you care about, it’s important to be aware of the issue.

Cases of fraud – and fraud attempts – continue to multiply, according to government agencies and consumer watchdog groups. The pandemic has generated an increase in attempts to swindle people using digital accounts, particularly through mobile deposit apps. In many cases, consume...