Monday, June 3, 2019

Determined To Stop Elder Fraud, Observe These Tactics

By Stephen Olson


We all look forward to safeguarding our elderly loved ones against any misfortunes. Though our modern way of life seems to be challenging leaving us with no sufficient time to always be around these aged parents, it is unfortunate how scammers are now out to exploit the seniors in our community., These are our beloved parents and it is our obligation to keep them informed if we want to prevent elder fraud. Several methodologies have been suggested which is keenly followed. We will have lesser cases of financial abuse amongst the aged. Peruse below for more details.

Sensitize your seniors and let them avoid disclosing their personal or financial details to anyone who queries them. If they are not waiting for any checks, then they should never trust anyone who calls claiming they have some bills. Besides, the checks usually come with details of where the messenger should deliver. If they are asked to make any transactions and suspect a scam, they should seek help from people they trust.

Seniors should be informed to decline to converse with persons who are not known to them. If you have aging parents, it is your responsibility to tell them to reject any personal inquiries by strangers over the phone, through the internet or even one on one. Enlighten your elderly loved ones to collect details of the company and employer of any telemarketer who gets so personal, and they should never disclose their private information regardless of the conversation.

Some cons pose like trustworthy and proficient individuals with great deals to offer. Most are times when seniors fall for this trap. They will end up requesting your elderly parent to append signatures on some documents for them to claim the particular deal. It is time you warned your senior loved ones to take caution and avoid falling victims of these appealing deals. Besides, by all means, your aged parents must never welcome people unknown to them in their premises. Not every sales representative who comes knocking at their door is genuine. Thus, it is essential to be cautious.

Among the most flocked industries by these swindlers is the construction field. Some will go around with ads alleging to be the most proficient candidate for your refurbishing project. Unfortunately, elderly persons will mostly fall victims if they are not careful. Hence, caution your senior parents to entrust their remodeling projects to professionals within their neighborhood or those recommended by their close associates or family.

Before they trash anything that has their personal information, addresses the aged must learn to shred these posters. Scammers tend to get information about the financial details easily if they have personal information. Note, it is simple for cons to have the bank account from the statements which are discarded without shredding.

Medicare is health insurance preferred by most of the seniors. Scams are now using this to exploit the seniors. Therefore, let your senior parents work closely with their physician, and avoid sharing their Medicare information.

Cons take advantage of the elderly since they trust easily and are polite. They will give them a phone call and start questioning their financial details. If the call becomes personal, tell your aged parents to hand up. These are tactics that are well followed will save many seniors from being exploited.




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