It’s heartbreaking to hear stories where elder loved ones are scammed out of thousands of dollars. These criminals can be found all over the world, only needing a list of phone numbers or email addresses to find their next victim.
A new study has found that those who are more prone to becoming scam victims may be at greater risk of dementia. In today’s world, it’s not just phone scams that one has to worry about, but online scams as well.
My father was not a phone person, but he did send money to a variety of religious organizations. They were supposed to be representing Catholic churches or charities, and he would get a small token or prayer request in exchange for whatever he sent. It may have been totally legitimate, but after he was gone, I found hundreds of pieces of correspondence from these groups. I wonder if he gave more as his dementia progressed.
My mother was the phone person in our family. She didn’t have dementia but she did have a quality that made her potentially susceptible to scammers: loneliness. She loved to talk on the phone to people, whether she knew them or not! They would be her friend by the end of the conversation. I remember getting upset with my mother when she told a telemarketer that she had won the lottery. Why would you share personal financial information with a stranger? My mom’s response was that the telemarketer had said she was a “nice lady.” Sigh. Fortunately, nothing came of the incident, and to be fair to my mother, she was aware of the scams that were going around targeting seniors.
Credit.com has a nice resource which breaks down the most common online scams and offers tips to help seniors avoid becoming a victim. Monitoring your elder loved one’s financial statements is key. If your older relatives enjoy going online, there are a set of simple steps you can take to provide them a secure experience. Staying vigilant is the best way to combat such criminal activity.