Elder financial exploitation involves wrongfully taking or using an older adult’s funds or property through theft, scams, fraud, or predatory lending. What Is Project SAFE? The FTC and its law enforcement partners announced actions against several income scams that conned people out of hundreds of millions of dollars by .
In-home care providers charging for services; keeping change from errands, paying bills which don’t belong to the vulnerable adult, asking the vulnerable adult to sign falsified time sheets, spending their work time on the phone and not doing what they are paid to do. A tactic similar to the vaccine scam, many fraudsters call or email posing as professional cleaners or similar service providers, offering to sanitize homes or businesses. While there are businesses that specialize in this service, they are not engaged .
May 11, · Sextortion is an old scam surging now because of stay-at-home orders, says Amy Nofziger, who oversees AARP's Fraud Watch Network helpline, as more people than usual are tethered to their computers. The toll-free helpline number is . Most scammers will use trust and / or pressure to take immediate action. They target your money, your identity and your insurance. They will separate you from those you trust or encourage that you not share the information with anyone else. How to Protect Yourself.
This video is about Adult Protective Services SCAM. These Scam Alerts have been developed to prevent victimization to the senior population. GovDelivery Get e-mail updates when this information changes. Utility Company Scams (12/20) The Department of Aging and Adult Services offer a wide variety of programs designed to help the senior, disabled, and at-risk adults in our county.
Older adults report losing more money, on average, due to scams than younger consumers.1While older adults do not report being defrauded at a higher rate than other consumers, the impact of the monetary loss may be greater for older consumers as they have less time and resources to rebuild their nest eggs or otherwise recover financially from the scam.