Ideally, we want to protect our loved ones from things like abuse and neglect. Especially our elderly loved ones who may fall prey to fraud and scams. Scammer and fraudsters are increasingly targeting a growing senior population. Yet, the Boston Globe reports on the ways that you can protect your elderly family and loved ones and help prevent them from falling victim to scams.
$3 billion. That is the estimated amount of money lost among seniors who fall prey to scams yearly, according to a study by the MetLife Mature Market institute. Further, 1 in 10 seniors will experience some form of physical, emotional, or sexual abuse. Half of adults with dementia are victimized.
Financial elder abuse is one of the fastest growing forms of abuse. Most of this kind of abuse is committed by someone the senior knows, such as family members or caretakers. Scams from strangers tend to happen more quickly than the other kind of abuse.
There are five ways that you can help make sure that your elderly loved ones do not fall prey to scammers.
By following these five steps, you can help to prevent fraud upon senior loved ones.
If you believe that yourself or a loved one has been the victim of elder abuse or neglect, let the experienced attorneys at the law offices of Schenk Smith fight for you. We may be able to get you the compensation you deserve. Call us today.