Tuesday, July 23, 2019

Proposed Methods For Preventing Elder Fraud

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.

Any form of communication with strangers in inappropriate and your aged parents must understand that. Make sure you enlighten them enough to deter from any conversations encouraged by individuals who are unfamiliar to the senior regardless of the avenue used to contact them. If any telemarketer calls you parents and attempts to get into a personal conversation, your aged parents must request for their details and the company they are working with for further follow-ups and must never reveal any private information.

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.

It is unfortunate how some cons pose as home remodeling contractors intending to defraud the elderly. Your Senior parents must never allow any construction contractor in their home unless they are well known to them. It is good to verify and be sure the expert is from their neighborhood or is well known in their surroundings.

The aged must learn how to tear up documents that may have their personal information. If trashed without shredding they can easily be used by cons. Once the scammers have the bank details and personal information, the senior will be exploited.

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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