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Signs of Fraud Against Seniors

Comfort Keepers In-Home Care in Waukesha, Wisconsin.

Signs Of Fraud Against Seniors in Waukesha, WI

Homecare Assistance Professionals Discuss Fraud Signs against seniors in the Waukesha, WI and surrounding areas

Senior citizens are often intentionally targeted by fraudsters. There are usually seen as easy prey, as many seniors are not familiar with modern technology and/or reluctant to admit they have been victimized. That is why it is important for family members and friends to watch out for the warning signs of financial fraud and abuse.

You can spot the early warning signs of financial fraud by keeping a close watch on your loved one's social security checks, pension payments, credit card statements, and bank account. Homecare assistance professionals recommend helping your loved one pay the bills or balance their checkbook. You can also help them sort out mail, which can help prevent sweepstakes and lottery frauds. In these cases, scammers usually inform the intended victim that they have won the lottery or sweepstakes and need to make a payment to receive the prize.

As con artists often prey on lonely seniors, you should be skeptical of any new friend in your loved one's life. If there is someone new, you should ask to meet this person. Sadly, these crimes are not always perpetrated by strangers. Family members are often involved too, which is why home care assistance professionals recommend that you may want to pay attention to any suspicious behavior of the people close to your loved one as well.

Common scams that are aimed at seniors include Medicare and health care fraud, pyramid and Ponzi schemes, reverse mortgage scams, telemarketing, funeral, and cemetery scams, and fraudulent anti-aging products, among others. Sometimes scammers will pose as representatives from Medicare and will ask older citizens for personal identifying information. They can use this information to bill Medicare. In other cases, scammers will attempt to try to get seniors to invest in fraudulent health care industry products.

Aside from being vigilant, homecare assistance professionals say you can protect your loved one by informing them of the many different schemes so they can recognize potentially dangerous situations. It is important to advise them not to give out their personal information to anyone, especially credit card, banking, social security or Medicare information.