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.
Seniors oftentimes make easy targets for criminals when they are socially isolated, less mobile and not as strong as younger victims. Elders with dementia, a chronic illness or disability are at even higher risk. Sadly, a high percentage of crimes committed against seniors are perpetrated by their own family members.
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.