Elder fraud or senior scams impact thousands of seniors and their families each year. Various studies show the cost of financial elder abuse and exploitation to range anywhere from $3 billion to $36 billion annually.
The numbers are hard to pinpoint because, sadly, many seniors don’t report the abuse. They’re embarrassed they’ve fallen for a scam or don’t want their family to think they can’t manage their personal affairs.
Protect Seniors Online, a public education program created by Home Instead Senior Care gives professionals and caregivers the tools needed to keep seniors safe.
Protecting seniors from fraud is an “always-on” job for anyone who plays a part in caring for a senior. This 5-part video series: Protect Seniors from Fraud reviews the senior scams and how you can help shield a senior from these cons.
