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The role of social factors in explaining consumer fraud victimization of the elderly

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Research cannot always confirm public opinion that elderly are more susceptible to fraud than younger adults. Age-related cognitive and motivational changes increase vulnerability. Social factors are fairly ignored by research but may explain why elderly´s vulnerability does not necessarily result in fraud victimization. This systematic review applied a keyword- and reference-based search strategy to explain contradictory research findings and propose a model about social factors mediating and moderating the relationship between age and fraud victimization. Loneliness, social support, decision delegation, age stereotypes, offender characteristics and social environment were suggested as influencing factors. Results have to be validated by future research.

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Eldely fraud Elderly fraud vulnerability Elderly fraud social factors

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Licença CC