Beyond the Financial Loss: Mental Health Impacts of Fraud in Older Adults
This webinar explored the mental health impacts of financial fraud in later life. Fraud frequently exploits normal human experiences such as trust, attachment, hope, and decision-making under stress. For older adults, the aftermath can include shame, anxiety, depression, loss of confidence, grief, and social withdrawal. Even the fear of becoming a victim can affect mental well-being, contributing to hypervigilance, isolation, and reluctance to engage in everyday financial or social activities.
Participants were introduced to two new practical resources developed by the Canadian Coalition for Seniors’ Mental Health: one designed to support older adults affected by fraud, and another to assist service providers in responding in compassionate, trauma-informed, non-stigmatizing, and supportive ways.
Resources
Canadian Coalition for Seniors’ Mental Health
https://ccsmh.ca/areas-of-focus/mental-health-and-fraud/
Financial Fraud and Mental Health
It’s Not Your Fault: Empowerment After Financial Fraud
Fact Sheet for Older Adults:
https://ccsmh.ca/wp-content/uploads/2026/03/FINAL-CCSMH-Fraud-Info-Sheet-Empowerment-After-1-1.pdf
Supporting Older Adults Affected by Financial Fraud: Guidance for Health Care Practitioners and Allies
Resource for health care practitioners and allies:
https://ccsmh.ca/wp-content/uploads/2026/03/FINAL-CCSMH-Fraud-Info-Sheet-Supporting-Older-Adults-1.pdf
Get Help
211 quickly and confidentially connects people to social services and community programs across the province. Call or text 2-1-1. Email: [email protected].
Report Fraud
www.antifraudcentrekk-centreantlifraude.ca
Senior Support Cyber Safety
https://cyberseniors.org/
www.connectedcanadians.ca/