Elder Abuse is most often financial with about 4% of elders falling victim to fraud. It is estimated that over $2.9 billion is lost every year. The typical victim is an 85-year-old female who is deceived, threatened, and emotionally manipulated into giving up $120,000 that they couldn’t afford. Additional losses involve a loss of innocence and generosity as victims withdraw even further from social contacts.
Here is an outline of the discussion:
[0:00] Introduction and general introduction to the topic. Perhaps it should be called “youth abuse” as we have all been scammed.
[3:49] Computer Virus Scam
[6:23] IRS or Social Security Scam
[7:58] Relative in Trouble Scam
[11:48] Sweetheart Scam / Hard Luck Scam
[15:00] General protections to help elder’s learn to avoid scams
You can listen to the audio here:
Photo by Vlad Sargu on Unsplash