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. 2018 Dec 17;75(4):861–868. doi: 10.1093/geronb/gby151

Table 2.

Past 5-Year Prevalence of Fraud by Subtype (N = 1,220)

Variable n Frequency
Invested based on a free-meal seminar 1,208 2.8%
Invested based on a phone call/E-mail from unknown person 1,212 0.8%
Invested in penny stocks and/or oil–gas exploration 1,205 1.1%
Fraud investment recommended by a relative 1,208 0.3%
Put money in fraudulent investment 1,206 1.1%
Investment fraud total: any fraudulent investment 1,196 5.0%
Paid to receive a prize/lottery/award 1,209 4.4%
Total: any fraud in past 5 years 1,212 8.7%