How to Help Your Senior Loved One Avoid Being Scammed
It’s a sad fact of life that scammers and other perpetrators of fraudulent activities prey on seniors more than any other segment of the population. Sadly, seniors tend to be more vulnerable to scams for a variety of reasons, ranging from cognitive impairment to loneliness. Scammers identify these vulnerabilities and take advantage of them using sinister methods, assuming that they’ll get away with their crimes because seniors don’t have the means to determine when they’re being taken advantage of, or they lack people in their lives who can help them oversee their finances. Aging individuals receiving senior care Columbia SC love their independence, but all too often, their desire to remain independent leaves them vulnerable to scams.
So, how can you, as a loved one, step in and help your aging parent, family member or friend avoid being scammed?
Senior Scam Awareness
The first step in helping a senior loved one avoid scams here in The Midlands is to become aware of the types of cons that are most often perpetrated against seniors. Awareness allows you to recognize the signs of scamming before it’s too late, giving you the chance to step in and do something about it.
Some of the more popular angles scammers use involve the following:
- Charity scams
- Lottery and sweepstakes scams
- Individuals pretending to be grandchildren or other younger relatives
- Medicare scams
- Fake prescription medications
- Funeral scams
- Charity scams
If you become aware that someone has been contacting your loved one regarding any of the above scams, you need to investigate ASAP. Chances are, if you inquire on behalf of your loved one, the scammer will move quickly to another more vulnerable target.
How to Protect Your Elderly Loved One From Scams
Awareness is step one, but you have to put yourself in a position to recognize the red flags.
- Inform your loved one about the dangers of revealing their financial information to strangers
- Become more involved in your loved one’s finances, even if they protest
- Be aware of salespeople who have solicited your loved one
- Get more information from anyone who claims to represent a government agency
- Make regular visits to your loved one; be involved in their life
- Discourage your loved one from hiring anyone who simply shows up at their door
- Discourage your loved one from making hasty decisions involving money
- Add your aging loved one to the national “Do Not Call” list
The aging individual you care about may resist your efforts at helping them. After all, their independence rests on their ability to make decisions for themselves. But it’s critical for you to convey the idea that independence doesn’t mean a whole lot when they don’t have the finances necessary to live an independent life. If you encounter resistance, let your loved one know that you’re not there to take over; you’re just there to help, especially when it comes to making sound financial decisions.
More Help for Independent Seniors
If you’re interested in learning more about how you can help a senior loved one remain independent, Always Best Care is here for you! Call us today at 847-241-8374 to learn more and to schedule your free consultation.