‘If it’s too good to be true, then it probably is’ rings true in many instances. Law enforcement agencies often remark on just how difficult it is to bring elder fraud perpetrators to justice – once an investigator has begun looking into the scheme, the scammers are already moving on to another ploy. There’s just no way to catch them all, which means it’s up to you to help your parents understand and implement senior citizen fraud protection tactics and be on the lookout for people who wish to do them, their property, or their savings significant harm.

How can you help your parents fight back against elder fraud? Aside from a quick lesson in senior citizen fraud protection, a handy cheat sheet by all the phones or computers in the home is often the best way to avoid these common elder fraud tricks, which include the following top ten ways to beat the bad guys.

What to Include on Your Senior Citizen Fraud Protection Cheat Sheet

1. Avoid sending money or providing personal financial information. Be cautious who you disclose your bank account, credit card, and social security numbers to. Suspicious, but realistic looking checks made out for a considerable amount of money should be an elder fraud red flag. Your parents should know that if they weren’t expecting a check, it could be a fake. Tell your loved ones if they have concerns related to this type of senior citizen fraud that protection comes from asking someone they trust for help. Checks such as these are usually accompanied with directions instructing the recipient to call a phone number. The message tells the caller to send taxes on the money he or she just received through a wire transfer service. The scam, of course, is that once the recipient sends the money, their check bounces.

2. Do not speak at length with people who are unfamiliar to you – tell your parents to decline answering questions of a private matter over the phone, Internet, or at the door. Above all, the key to senior citizen fraud protection is caution. If a telemarketer who is pushing a product begins asking for too much information, tell your loved one to request the name of his or her employer, the address, and a phone number. If a caller asks to speak to the man of the house and there isn’t one, tell your mother never to indicate that she lives alone.

3. Do not sign any documents without reviewing them carefully. Your loved one can often be signed up for something he or she may not be interested in and begin receiving phone calls that solicit other products. If anything appears suspect, tell your loved one to contact his or her lawyer or a trusted friend immediately. Many elder fraud con artists will pose as door-to-door salesmen and try to sell your loved one something on the spot, introducing multiple new products and a whirl of paperwork that needs to be signed now and paid for to ’secure’ it. This potential elder fraud ploy is dangerous, because the friendly salesman is no longer some distant threat with no face; he appears to be knowledgeable and trustworthy. Tell your parents one of the most important senior citizen fraud protection tools available to them is not to allow anyone into the home they don’t know.

4. Make sure to verify all claims. One of the newest elder fraud alerts is related to home construction or improvement, and much like any other industry, scams abound. The best senior citizen fraud protection tip in this instance is to use a well-known contractor in the area. Tell your parents to request references and contact the Better Business Bureau or the National Fraud Information Center if they’re unsure. Create a contract and make sure the work is carried out to the letter; a fly-by-night scheme will probably try to talk down the contract, but if it’s in writing, your loved one ultimately has more recourse. And if the contractor wants the money upfront, tell your loved one to move on to the next choice.

5. Reach out for help before investing or spending considerable amounts of money. Tell your loved one to call you with questions about any investment that involves a significant transfer of money or shares. In many cases, the AARP (American Association of Retired Persons) can be a lifesaver; this organization regularly sends out information on the latest elder fraud schemes and offers senior citizen fraud protection tips as well as financial planning assistance and consumer rights, all of which can help your parents judiciously decide on various offers and purchases.

6. Shred all bills, notices, and personal mail before throwing them away. Information regarding your loved one’s financial situation is often retrieved by con artists from discarded mail that is not shredded (also known as ‘dumpster diving’). It’s all too easy for elder fraud scammers to get bank account and credit card numbers from statements as well as details on safe deposit boxes, ATM cards, addresses, phone numbers, social security numbers, and more. Remind your loved one that one of the most important senior citizen fraud protection tips is to tear up all mail before throwing it away. Or, better yet, give him or her the gift of a paper shredder!

7. Recognize predatory lending practices. This senior financial abuse and elder fraud practice, also known as loan fraud, is often perpetrated by mortgage brokers, appraisers, and home contractors looking for a quick buck. Seniors approach these seemingly knowledgeable individuals looking to refinance their homes, but are bombarded by fast-talking scammers who incorporate a must-act clause into the deal. In the end, your loved one will walk away with a high-cost loan with exorbitant fees totaling more than 5% of the entire amount. When talking with your loved one about predatory lending and senior citizen fraud protection tips, remind him or her that other tricks include pre-payment penalties, ‘flipping’ (when a loan is refinanced to generate fee income without providing any net tangible benefit to the borrower), mandatory arbitration, and other unnecessary additions. Don’t let your parents make this decision alone; help them be more informed consumers.

8. Avoid health insurance scams by identifying the red flags. Many lower income seniors rely on their Medicare health insurance, which is why many elder fraud scams originate here. Often, less-than-reputable medical equipment companies target seniors, offering free supplies in return for their Medicare numbers. Tell your loved one that the doctor must order and sign for all equipment and products before Medicare will pay for it. Remind your parents of the most important senior citizen fraud protection tips when it comes to health insurance, including never signing blank insurance claim forms, never providing unchecked medical authorization for billing purposes, always reviewing Medicare’s payment terms closely, never giving out their Medicare numbers to someone they don’t know, and verifying with their physician if they are unsure of a product or equipment that’s been ordered.

9. Bypass the ‘Sucker List’ altogether. Many seniors are eager to win something and often enter numerous sweepstakes, sign up for free magazines, or register for contests. Companies with elder fraud scam artists will keep records of these submissions, meaning your loved ones could end up on what is called the ‘Sucker List,’ making your parents that much more of an elder fraud target. This list usually contains not only people who the scammers believe to be a good target, but have already been successfully targeted before.

10. Just hang up. Scammers know that senior citizens are more polite, more trusting, and a lot less likely to hang up when the call becomes personal; unfortunately, elder fraud con artists take full advantage of this fact. Tell your loved one that if he or she doesn’t know the caller and questions regarding financial or personal matters come up, they can simply hang up on the caller with no questions asked. Hanging up is one of the simplest senior citizen fraud protection methods.

An Ounce of Prevention…

If your loved one has been a victim of elder fraud, please urge them to report it to the proper authorities. Falling for a scam is embarrassing to many seniors, making it one of the most under reported crimes. Their assistance in the matter can help bring con artists to justice and perhaps inspire other seniors to implement better methods of senior citizen fraud protection.

Another invaluable senior citizen fraud protection tool is helping your loved one sign up for the national ‘do not call’ registry to prevent harassing telemarketer calls. It’s a free service, and you can either call 888-382-1222 or register online at www.donotcall.gov. Another website that offers helpful senior citizen fraud protection tips of its own – www.fraud.org/elderfraud – helps fight against con artists by posting regular updates and information. Walking your loved one through potential elder fraud scenarios is as helpful as checking in regularly to go over financial transactions, bills, and emails as well as posting (in plain sight) the senior citizen fraud protection tips outlined above.

Ultimately, the only way to prevent elder fraud is through education, and this requires you to be firm on the subject, providing an insightful look into the various methods of senior citizen fraud protection. Caution is always the key to protection, and your loved one should be provided with a list of helpful sources to contact for additional information, including the National Consumer League’s Fraud Center, AARP, the Better Business Bureau, and Consumer Action. Above all, make sure your loved one always knows who he or she is dealing with in the course of transactions or investments. And, as always, it’s important to remember that an ounce of prevention is worth a pound of ‘cure.’

Sources

1. http://www.fraud.org/elderfraud/eldproj.htm

Due to the incurable and exhausting nature of the disease care-management of Alzheimer’s is vital. The character of the principal caregiver is frequently taken by the partner or a good relative. Carers may themselves sustain from strain, over-work, depression, and being physically strike or struck. Nonetheless, Alzheimer’s disease is not a natural region of aging and is not something that necessarily happens in late living. For instance, many folk lively to over 100 years of age and never produce Alzheimer’s disease. Symptoms alter as the circumstance develops, and it may head to disarray, personality changes and an overall difference in behavior. People with this disease normally expect extensive maintenance during the sophisticated stages of the disease. Alzheimer disease are classified as intermittent or nonfamilial, which means they do not seem to operate in families.

The disease can start many years before it is finally diagnosed. In its earlier stages, short-term memory departure is the almost popular symptom, frequently initially thought to be caused by aging or emphasize by the sufferer. Later symptoms include disarray, ire, climate swings, word dislocation, long-term memory departure, and the general withdrawal of the sufferer as his or her senses drop. The symptoms of Alzheimer’s disease are mostly reported to a physician when memory-loss causes worry, and on suspecting Alzheimer?s disease, the doctor or healthcare specialists will affirm the diagnosis with a behavioral appraisal and cognitive tests, frequently followed by a mind read. Over moment, folk with the disease suffer their power to believe and cause understandably, evaluate situations, resolve problems, focus, recall helpful data, go maintenance of themselves, and still talk.

No treatment has been organize to reverse the disease, and it is not known whether current treatments slow the progression, or simply manage the symptoms. Many preventative measures have been suggested for Alzheimer’s disease, but their value is often uncertain: mental stimulation, exercise and a balanced diet are usually recommended, both as a possible prevention and as a sensible way of managing the disease. Combining memantine with other AD drugs may be more effective than any single therapy. One controlled clinical trial found that patients receiving donepezil plus memantine had better cognition and other functions than patients receiving donepezil alone. Also, other medications may help control behavioral symptoms such as sleeplessness, agitation, wandering, anxiety, and depression.

“This season’s flu outbreak is a constantly changing dynamic situation and families must be vigilant, especially with seniors,” says Peter Ross, CEO of Senior Helpers. “If you have aging out-of-town relatives, send them a prevention care package and/or hire a caregiver to go into their home and help them take precautions. In- home caregivers are trained to spot symptoms and get seniors immediate help.”

This year, The White House advised Swine Flu could infect half the U.S. population, hospitalize 1.8 million people and lead to as many as 90,000 deaths. The government’s vaccination priority list that left off seniors did include pregnant women, health care workers, people caring for infants, children and young adults from 6 months to 24 years and people age 25 – 64 with underlying medical conditions such as asthma or diabetes. Seniors are not as likely to get Swine Flu because they have some immunity, having been exposed to multiple flu outbreaks. Still, since April, the CDC reports more than 9 thousand U.S. hospitalizations from Swine Flu (not broken down by age).  Swine Flu has killed 593 people -  171 deaths in adults age 50-64 and 57 deaths in adults ages 65 and older. So Senior Helpers, the fastest growing provider of in-home care for seniors, says families should not take chances.

“In this massive outbreak, we don’t want families to get lackadaisical about looking out for elderly loved ones,” says Ross. “If your aging relative gets really sick from Swine Flu, you’ll wish you had done something. The kit is one way to help protect seniors from Swine Flu and even seasonal flu, especially if you live apart from your aging relatives.”

You can assemble the Senior Swine Flu Prevention Package for less than $20. For other prevention suggestions, go to www.Flu.gov.

The Senior Swine Flu Prevention Package includes:

Senior Swine Flu Tip Sheet (available to download at www.seniorhelpers.com) Latex gloves – to wear when opening doors, shopping, etc. to avoid picking up germs. Vitamins Hand Sanitizer – Pocket size bottles can easily be kept in purses, cars, briefcases and desks. Baby Wipes – Seniors should wipe down hands, door knobs, car doors, pens, etc..

About Senior Helpers:

Senior Helpers connects professional caregivers with seniors who wish to live at home as opposed to a nursing or assisted living facility. The company has 280 franchises in 38 states and offers a wide range of personal and companion care services to assist seniors living independently with a strong focus on quality of life for the clients and peace of mind for their families. Senior Helpers strives to be the leading companion and personal care provider that offers dependable, consistent and affordable home care. For more information, please visit: http://www.seniorhelpers.com/.