Scam artists unfortunately prey on seniors with money.
Why are the elderly more likely to become victims of a scam? AgingCare.com says they are vulnerable to scams because they tend to be too gullible, live alone and don’t have someone watching over their finances. Loneliness also plays a role, as elders are often grateful to have someone to talk to and don’t suspect that the “nice man” on the phone may be preying on them.
You may wonder… can anything be done about elderly scams? Caregivers can take some steps and identify red flags and help protect the elderly from scam artists, according to the Better Business Bureau.
- Becoming more involved with seniors financial decisions.
- Not allowing a senior to give out their personal information, such as banking information, credit card numbers or social security numbers.
- Telling a senior not to do business with someone who does not provide written information about his or her company.
- Visiting them regularly, asking about phone calls they have received and checking their mail box. Lots of junk mail may indicate an elderly person is on the “sucker list.”
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Marlo Sollito – AgingCare. How To Prevent Elders From Being Scammed. Retrieved from: https://www.agingcare.com/articles/prevent-elderly-becoming-scam-victims-138455.htm