According to the National Council on Aging, up to five million older Americans are abused every year, and the annual loss by victims of financial abuse is estimated to be at least $36.5 billion. Yet, sadly, it’s estimated that only one in 24 cases of abuse are reported to the authorities.
What follows are several common holiday scams that target seniors, along with tips for keeping you and your loved ones safe.
As an informal caregiver, helping your aging loved one stay vigilant against senior scam tactics is important for their continued health and wellbeing. Here’s what to look for, along with some reliable ways to stop financial fraudsters in their tracks.
Elderly care is essential for your aging parents for a number of reasons. One of the main reasons why elderly care is so important is that identity thieves and scammers often target seniors who don’t have anyone supporting them on a day-to-day basis. As a caregiver it is important for you to know how to protect your aging family members from scams and identity theft.
About 10% of Americans ages 60 and older have dealt with some form of elder abuse, and that only 1 in 14 cases of elder abuse are reported to authorities. How do you help prevent your elderly loved ones from experiencing abuse? Start by looking for signs of abuse, and then use proven strategies for stopping and preventing any further abuse.
The last few times you’ve stopped by your elderly parents’ home you’ve noticed a pile of unopened mail on their dining room table, and that several of the envelopes were stamped with “payment due” on the outside. Lately your mom and dad have also been complaining about bill collectors harassing them on the phone. What [...]