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AI Fights $28B Elder Fraud Crisis with Game Theory Detection

LogicMark uses AI and game theory patents to detect elder abuse and financial fraud, protecting seniors from $28B in annual losses through innovative care monitoring technology.

This technology addresses a critical gap in elder care protection where traditional monitoring methods often fail. With elder abuse affecting one in ten seniors and financial exploitation costing billions annually, families face significant emotional and financial risks when entrusting loved ones to caregivers. LogicMark's AI-driven detection system provides an objective, continuous monitoring solution that can identify subtle patterns of abuse or financial mismanagement that might otherwise go unnoticed. For an aging population and their families, this represents a crucial safeguard against exploitation, offering peace of mind and potentially preventing devastating financial losses and emotional trauma. As more families rely on professional caregivers or family members for elderly care, such technological oversight becomes increasingly essential for ensuring proper care and financial protection.