Published June 16. 2021 02:55PM
When we think about scammers, we often think of “stranger danger” stemming from overseas criminal enterprises bombarding our phones and emails with fraudulent offers. The sad reality for older adults is the majority of financial abuse they suffer is perpetrated by someone they know.
June 15 was World Elder Abuse Awareness Day and it’s the perfect time to remember that seniors are vulnerable to financial abuse by loved ones as well as strangers. Some warning signs to look out for include: a caregiver or family member who suddenly asks for access to your loved one’s accounts or possessions, changes in their financial practices such as new credit cards or unopened bank statements and a financial agent who isn’t following your loved one’s wishes.
Most importantly, if you suspect any sort of financial, physical or sexual abuse, report it to local law enforcement right away.
Be a fraud fighter! If you can spot a scam, you can stop a scam.
Visit the AARP Fraud Watch Network at www.aarp.org/fraudwatchnetwork or call the AARP Fraud Watch Helpline at 1-877-908-3360.