Scams
In today’s digital age, scammers are finding increasingly sophisticated ways to prey on vulnerable seniors, often leaving them in dire financial straits and unable to afford basic living costs like healthcare and rent. One particularly insidious scam is the “romance scam,” targeting seniors through online dating or social media. These scammers, posing as love interests,…
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In an era where technology has facilitated unprecedented connectivity and convenience, it has also opened avenues for exploitation. Last week’s Hurley Elder Care Law blog shared some popular scams as well as advice on how you can stay protected. This week we will examine the rising threat of social security scams. These scams prey on…
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In an increasingly digital world, scammers are continually devising new schemes to exploit vulnerable populations, and senior citizens are often prime targets. As technology advances, so do the tactics used to deceive unsuspecting individuals. We can all agree that safeguarding seniors is critical. What are some of the latest scams and how can you stay…
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Don’t let the Grinch steal the holidays! Each year, millions of elderly Americans fall victim to some type of financial fraud. The FBI explains seniors are the perfect target for scammers because they typically have more money (retirement savings, a paid-for home), they’re less likely to report fraud, and can be experiencing memory loss (a…
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One major concern for vulnerable older adults is financial exploitation. Almost daily, we hear stories of older adults being taken advantage of or falling for a financial scheme. Financial exploitation of older adults is pervasive, expensive, and difficult to detect. As NPR reported, “as we get older, we become more vulnerable to fraud in so…
Read More I never stop being disgusted and enraged by scams targeting seniors. Recently, we heard from a family whose 78-year-old father was being victimized by a scammer. This man was a veteran and had worked hard for his savings over the last six decades. The scammer was convincing this veteran to donate money to support…
Read More Preventing identity theft is the purpose of the new Medicare ID cards. Because a person’s Social Security number is currently on Medicare ID cards, this number, (used by Social Security Administration, U.S. Railroad Retirement Board, state Medicaid agencies, health care providers and health plans), is subject to misuse in the hands of an unscrupulous person.…
Read More “My dad has early stages of dementia. He hasn’t been diagnosed, but we’ve been noticing some major changes over the last year and a half. My mom just discovered that he’s been taking out thousands of dollars from their checking account. When asked about it, he says that he’s just helping a friend out and…
Read More New Medicare cards that will protect your Social Security number will find their way into your wallets next year. Already there are warnings about the changeover to protect you against scammers. The design for the new Medicare card is expected to be revealed this month and TV ads have already begun talking about the new…
Read More A report by the Wall Street Journal states that 43 percent of older Americans exhibit one or more signs of financial victimization. Yet, a Merrill Lynch study indicates that phone-scammers and other spammer schemes represent only about 4.5 percent of elder financial fraud. So where does the greatest percentage of financial victimization come from? Surprisingly,…
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