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Penalties increase for people who swindle senior citizens

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A new state law gives tougher penalties to those caught swindling money from the elderly.

The law allows double the punishment and higher restitution payments for those who con victims 65 and older.

Patricia Struck of the state Department of Financial Institutions says up to half the securities fraud cases it investigates now involve older victims.

Last year, all but 10 of the agency's 27 enforcement orders were for cases involving victims older than 65.

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