protecting-seniors-from-scams

Protecting Seniors From Scams

Unfortunately, scammers typically prey upon persons in senior care because of the aging adult’s likelihood to be generous and compassionate. Financial scams may occur by phone, email, internet or even in person.

Retirees in senior care must be especially cautious about their financial security.  Older people are often on fixed incomes with smaller savings. Money scams can create a hard blow to their future lifestyle and wellbeing. When an older adult loses a great financial sum, their children or grandchildren may feel the consequences, too, as they end up helping out to cover the losses.

What can you do to keep your older loved ones in senior care protected from the scammers? Speak with your aging parents about the common scams so they can be wary of these tricksters. It’s easy to fall for schemes. They are so well-practiced that it can happen to people of any age. Remind them to investigate thoroughly before releasing any monies. Keep them comfortable knowing they can contact you for help any time something is suspicious. Empower them by reminding them to hang up on solicitors, don’t reply to emails from people they don’t know.

Scams have been around forever and there are some common ones that you and your family members can learn about:

  • Bogus winnings – fake lotteries, contests, or free prizes. These scammers really want account information, so they may request shipping or other fees in an attempt to retrieve credit card or bank account details.
  • Phony charities – relief from natural disasters or needed medical support. Certainly, there are donation sites that are wonderful supports for these causes, but there are also criminals who want to capitalize on the unfortunate situation.
  • Family impersonators – grandchildren, nieces, or nephews calling because of an accident, or even in jail. These callers say they’re desperate and ask for a prepaid gift card or a wire transfer. Keep in mind this is a red flag!
  • Door-to-door salespeople – Selling gimmicks, fake magazine subscriptions, or even roof or other home repairs. Those who get sucked in may have a lot to lose.

Scammers access money, credit cards, and personal information from people in senior care in a variety of ways. Keep your conversations open to aging loved ones and let them know you are just looking out for their best interests. Remind them to be skeptical of strangers and ask questions.

In-home care can provide an additional level of help because caregivers are trained to watch for signs of mail or phone scams for the person in senior care. Learn more about in-home care by contacting Home Care Assistance of Carmel, IN.