Monday, December 5, 2011

Invisible Abuse: Financial Exploitation and Senior Citizens

Crime and Senior Citizens
    Some people use alarm systems.
  • Do not keep large amounts of money in the house
  • Know who your neighbors are or join a Neighborhood Watch Program
  • Keep your car doors locked when driving
  • Do not open your car door or roll down your windows for strangers.
  • Park in well-lit parking areas.
    • Never give personal information such as credit card numbers, social security numbers, or bank account numbers over the phone.
      • Shred personal information before discarding.
      • Be careful about making purchases online - check that the server is secure.
      • Check with the Federal Trade Commission to learn about more tips for protecting yourself against identity theft and fraud.
      Avoiding Elder Abuse
    • Reporting abuse to appropriate authorities is a legal and moral responsibility in most States.
    • You can contact State Adult Protective Service programs for help.
    • Lawyers may be able to assist harmed individuals.
  • Unusual bank account activity, such as ATM withdrawals at a bank the elder cannot travel to
  • Signatures on checks and documents that do not match the elder's signature
  • Unexplained change in spending patterns or unusual/out of character purchases
  • Unusual medical charges or nursing home charges
  • Generous gifts to a person the elder has only met recently
  • Change in lawyer or bank for unknown reason
  • Change in who has power of attorney for unknown reason
  • Stranger who initiates close relationship with elder and offers to manage finances and assets
Elder financial exploitation often goes unreported.

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