4 Ways Senior Caregivers Fight The Threat Of Online Banking Scams

4 Ways Senior Caregivers Fight the Threat of Online Banking Scams

Online banking scammers are targeting Michigan’s seniors en masse, but there’s plenty your caregivers can do to fight financial fraud. Read on to learn 4 ways our caregivers combat the threat of online banking scams, or call (586)-690-7500 to speak directly with a caregiver coordinator near you.

Online Banking Scammers Are Targeting Michigan Seniors En Masse

For most people, online banking is a boon, offering superior transparency, convenience, and user control compared to the old booklet-and-ledger style. But there are risks, too, especially for Michigan’s senior citizens.

Last month, Macomb County Prosecutor Peter Lucido gave a presentation at the Clinton Township Senior Center about the growing risks of online banking scams targeting seniors.

Citing research by the National Institute on Aging and National Council on Aging, Lucido revealed that:

  • Older Americans lose $27.4 billion each year to financial scams and abuse;
  • 5-million cases of elder fraud occur in the US every year;
  • Debit card scams makeup 32.9% of elder fraud cases, with credit card and bank deposit account scams accounting for another 11.6% and 10%, respectively;
  • Michigan seniors have lost $718,124,389 due to elder fraud, with the average amount lost per case exceeding $34,000.

Hopefully, your family has yet to be stung by senior scammers. But if you want true peace of mind, for you and your loved ones, you need more than hope—you need a senior scam protection plan, and that’s where our caregivers make all the difference.

Read on to learn how our caregivers are helping to protect Michigan seniors from online banking scammers, or call (586)-690-7500 to speak directly with a caregiver coordinator near you.

4 Ways Caregivers Protect Michigan Seniors From Banking Scams

  • Caregivers create a buffer between scammers and seniors. Whether the scammer tries to reach your loved one over the phone, email, social media, or even face-to-face, brazenly impersonating a bank employee or legal authority, our caregivers will be there to stop them in their tracks. We can monitor seniors’ computer use and telephone calls, steering them clear of phishing links and altering family members to any suspicious callers, and we’ll also answer the door for your loved ones, screening unwanted visitors.
  • Caregivers can help you block solicitations. Whether you want to opt out of commercial mail solicitations via the Direct Marketing Association’s mail preference service; eliminate robocalls using third-party call-blocking services or devices; or you need help blocking emails from unknown senders, our caregivers can help.
  • Caregivers provide respite for overworked family members. Scammers love nothing more than when their victims’ caregivers are weary, emotionally exhausted, and overworked, as it makes them less vigilant. Providing respite for family members ensures that your loved one’s caregivers are always alert and ready to spot scammers or unusual banking activity, and with Always Best Care, booking respite caregivers has never been easier.
  • Caregivers can help you set up safeguards at the bank. Perhaps you want to set up a small account with a fixed spending limit, and keep your loved one’s savings safe in a separate, more secure account? Or maybe you’d like to arrange for limited account oversight? Whatever the case may be, our caregivers can help. We can set up your banking consultation, provide transportation and support for your loved ones on their way to-and-from the bank, and keep the family involved in the decision-making, every step of the way.

Book A Consultation With Senior Caregivers In Clinton Township, MI

To learn more about how we’re helping to protect seniors from online scams, and otherwise improving their safety, comfort, and quality of life, you can:

Posted In: In Home Care