Examples of elder fraud
How to avoid elder fraud and financial abuse
- Never give out personal information over the phone, by email, or text message.
- Consider adding a “trusted contact,” a close relative or friend, to your financial accounts so they can monitor your transactions and look for signs of fraud or abuse.
- Slow down and take your time. Many scams rely on fear and creating a sense of urgency to get you to make sudden decisions.
- If someone calls you about a special offer or requesting a charitable donation, ask for written materials to review before deciding.
- Work with trusted businesses and research unfamiliar companies. A good place to start is the Better Business Bureau.